Economic Ideology Research Articles

A CONTEMPORARY REFLECTION ON ECONOMY AND THE QUEST FOR A SIMPLIFIED LIFESTYLE: REVISITING THOREAU'S WALDEN

This study examines the economic relevance of Henry David Thoreau’s philosophy and his quest for a simplified lifestyle in the context of the 21st century. Amidst the complexities of a globalized economy and the relentless pursuit of growth, Thoreau's wisdom serves as a catalyst for a critical reflection on economic ideologies and their impact on society. The study explores the complex interrelationships between money, education, and employment, challenging the narrow view that links education only to financial gain. Thoreau's call for a simple lifestyle, exemplified in his work "Walden," is analyzed in the light of contemporary research that highlights the tangible benefits of embracing simplicity for individual well-being, economics, and environmental sustainability. Additionally, the study explores the role of advertising in shaping consumer preferences, emphasizing Thoreau's call to reevaluate our needs in the face of widespread consumerism. Finally, the concept of a return to interdependent societies that prioritize self-sufficiency and social support is explored, drawing on historical examples and contemporary trends consistent with Thoreau's vision. Thoreau's philosophy provides valuable insights and guidance for navigating the challenges of the 21st century, overcoming materialism and economic dependence and promoting a more meaningful and sustainable way of life.

2023 Black Theology and Leadership Institute: The Neoliberal Homiletic

This article delves into the intersection of race, economic ideology, and Christian identity formation within the context of Black preaching to articulate what is referred to as the “neoliberal homiletic.” The neoliberal homiletic refers to the uncritical adoption of economic, ideological concepts within preaching practices, leading to a reshaping of theological goals and individual identity as examined in the context of the Black church. Preaching influenced by economic ideas constructs a Christian identity that aligns with market values and reinforces economic systems of oppression. Despite these challenges, a hopeful path forward is found in a return to historical traditions of Black preaching, which emphasize community solidarity, resistance to oppression, and a theological preference for the poor. Reclaiming these traditions can empower the Black church to address the socio-economic challenges faced by marginalized communities and counteract the pervasive influence of economism.

Новое образование для новой России

The problem of new education for today’s Russia is of great importance due to the fact that Russia has withdrawn from the Bologna educational system and is now beginning to form a new national education system. The crisis of liberalism is a manifestation of a new systemic crisis. A new ideology of education based on patriotism, traditional culture and modern achievements of science is required. The paper proposes the main principles of the new ideology and measures of post-market reform of the education system. The subject of the study is the crisis of the Russian education system and the problem of the ideology of teaching humanities. The purpose of the work is to formulate new principles of ideology and directions for the creation of a sovereign national education system in Russia. The stated purpose required the application of a systematic approach to the research. The practical result of the implementation of the methodology of moral-religious neo-institutionalism was the release by INFRA M Publishing House of a series of educational literature - the textbook “Economic Theory. Russian economics” and related textbooks on the philosophy of economy, home economics and methodology of scientific research, united by the subtitle on the moral content of science and economics. The importance of the research is due to the fact that the results obtained open new opportunities for secondary and higher school pedagogy in the light of the creation of a sovereign national system of education in Russia. The novelty of the study lies in the formulation of principles for a new national system of education taking into account the national patriotic ideology.

A Pious Paradox

The divergent trajectories in the legalization of same-sex marriage amidst disparate levels of religiosity challenges conventional wisdom about the relationship between religion, state, and society. Contrary to the conventional belief that higher religiosity in countries fosters conservative views and resistance to progressive social reforms, Argentina and Chile present an intriguing anomaly. Utilizing data from the World Values Survey and examining the historical, political, and social contexts of each country, this paper seeks to understand why Argentina, with its higher religiosity and constitutional favoritism towards Catholicism, became the first Latin American country to legalize same-sex marriage in 2010, while Chile, less religious but more socially conservative, followed much later in 2021. The paper explores the divergent pre and post-dictatorship economic philosophies, governmental structures, sociopolitical landscapes and the distinct roles of the Catholic Church in 21st century Chilean and Argentine politics. It argues that in Argentina, individual political views and a vibrant civil society have developed independently of religious beliefs, fostering a political culture more open to progressive social reform. Conversely, Chile’s entrenched neoliberal policies and the Catholic Church’s sustained influence in Chilean civil society align with more conservative social values, impeding similar progress. These findings challenge the assumption that higher levels of religiosity necessarily correlate with social conservatism and underscore the complex interplay between religion, government, and social values. This research not only illuminates the nuanced dynamics at play in the legal recognition of same-sex marriage in Latin America but also suggests broader implications for understanding the impact of religiosity on political and social attitudes globally.

Confronting the dilemma of growth. A response to

This commentary responds to a recent article in this journal (Warlenius, 2023) purporting to identify the ‘limits to degrowth’. We first clarify and set in context the tensions between growth rates and decoupling rates on which the argument is based. In particular, we show how failing to achieve sufficient decoupling appears to leave society torn between missing our climate targets and crashing our economies. This dilemma highlights the tough choices inherent in the climate transition. But it does not imply that critics of growth endorse economic collapse. On the contrary, the intention of postgrowth scholars is clearly to prevent this collapse by offering structural and social reforms, alongside technological options, as a way of meeting climate targets. Specifically we dispute the claim that growth is the best way to achieve high rates of decoupling. Counter to this, we present several mechanisms through which a growth-critical approach may be better aligned with the climate transition than an economic ideology founded on ‘growth at all costs’.

Robinson Crusoe: A Product of Elective Affinity of the Protestant Ethic and the Spirit of Capitalism

Daniel Defoe’s novel Robinson Crusoe takes a sailor named Alexander Selkirk as its prototype, telling a story of the protagonist Robinson Crusoe’s life and adventure, especially his experience on an island for 28 years. Critics argue that there are two major themes in the novel: economic individualism and religious belief, and more or less believe that making a good fortune and spiritual pursuit are opposite. However, analysis of the protagonist from a single perspective--economics or religion--inevitably leads to contradiction of understanding the character. This paper analyzes Robinson Crusoe from the theoretical perspective of Max Weber’s Protestant ethic and spirit of capitalism, seeking the “elective affinity” of the two. Crusoe is an ambitious adventurer, a diligent laborer and a lonely ascetic, all of which has an elective affinity with the Protestant ethic. Meanwhile, Robinson Crusoe converts to religion to guide his life. His seemingly contradictory behaviors reflects that he is in fact a product of the elective affinity of the economic ideology and the religious consciousness.

SUFFICIENCY ECONOMY LEARNING CENTERS IN SATUN PROVINCE’S ISLAND SCHOOLS: A STRATEGIC APPROACH TO CURRICULUM MANAGEMENT FOR CAREER COMPETENCY

Purpose: The aim of this study is to investigate the implementation of Sufficiency Economy Learning Centers (SELCs) in schools located on islands within Satun Province. Specifically, the study aims to explore how these SELCs strategically contribute to curriculum management, with a focus on enhancing career competency among students. Through this research, the aim is to analyze the effectiveness of integrating sufficiency economy principles into the educational framework of island schools, thereby facilitating students' acquisition of skills and knowledge essential for their future careers.
  
 Theoretical framework: The theoretical framework for this study draws upon several key concepts and theories to provide a comprehensive understanding of the implementation of Sufficiency Economy Learning Centers (SELCs) in island schools and their impact on curriculum management for career competency.
  
 Design/Methodology/Approach: The target groups are vocal speakers and 8 people from the Thaksin University research team; 4 people from the Primary Educational Service Area Office in Satun; 10 experts in language, science, math, and technology; 19 teachers in Ban Ko Lipe School; 30 people from community leader, village sage and interested people participating in the pilot project of learning center development; and 127 people from the evaluation of using the project.
  
 Findings: The research findings found that one integrated SMT competency-based curriculum of Ban Ko Lipe school and online platform of SMT competency-based learning center of Ban Ko Lipe school displayed Ecotourism such as snorkeling, features of landscape, climate, high/low tide, waxing/waning moon 2) Fishing such as fishing gear, methods of catching each type aquatic animals 3) Local products such as long tail boats produced from seashore screw pines. The platform development of SMT competency-based learning of students in the Lipe island area created the administrative collaboration of the community using SMT competency-based curriculum followed the sufficiency economy philosophy of Lipe island area for the career path of the youth to have ways of life through the sufficiency economy philosophy Satun Province. The evaluation of 127 curriculum users found that the SMT level was at the highest in every aspect 1) administration 2) premises 3) learning resources 4) network.
  
 Research, Practical & Social implications: This study examines the implementation of Sufficiency Economy Learning Centers (SELCs) in island schools in Satun Province, focusing on their impact on students' career readiness. The research uses a mixed-methods approach, combining qualitative and quantitative techniques. The findings can inform policy recommendations, guide professional development, and prompt curriculum revisions. The study also emphasizes community engagement, empowerment, and sustainable development, highlighting the importance of SELCs in promoting socio-economic resilience.
  
 Originality/Value: This study explores the implementation of Sufficiency Economy Learning Centers (SELCs) in island schools in Satun Province, focusing on their impact on career competency development. It provides context-specific insights, practical relevance, and theoretical advancements in education, sustainable development, and career development, bridging the gap between theory and practice.

It's trade, stupid! How changes in trade competitiveness affect incumbents' electoral success

AbstractThe consequences of economic globalization on electoral outcomes have recently become a prominent topic of research. We complement the emerging literature on this topic by studying whether changes in a subnational region's trade competitiveness affect the incumbent's vote share in that region. Using a novel dataset that relates subnational trade competitiveness to election results in 29 countries over a 20‐year period, we show that this is indeed the case. We also show that this effect is most pronounced for elections where the clarity of responsibility is high. Finally, we find mixed evidence for a moderating effect of incumbents' economic ideology as a moderator. These findings also contribute to the broader economic voting literature.

ISLAMIC ECONOMY PHILOSOPHY IN KINALIZADE ALI ÇELEBI PERSPECTIVE

Kinalizade Ali Çelebi was a prominent scholar of the Ottoman Empire. During that time, he taught in several schools and served as a magistrate in a number of administrative centers. Kinalizade Ali Çelebi was a multifaceted scholar who contributed to science and published works on philosophy, religion, Sufism, ethics, history, language, and literature. Kinalizade Ali Çelebi's book, Ahl al-'Alaī, provides a comprehensive discussion of Islamic ethics and economics. Other works, however, have persisted to the present day in the form of manuscripts that have not been subjected to scientific investigation. This report aims to inform future research on the critical edition and publication of Kinalizade Ali Çelebi's manuscripts. This paper will help promote Kinalizade Ali Çelebi's philosophical work. This qualitative descriptive research analyzes Kinalizade Ali Çelebi's thought and related material. This paper explores the foundations of Kinalizade Ali Çelebi's Islamic Economic Philosophy

Filsafat Ekonomi Syariah Sebagai Landasan Sistem Ekonomi Syariah Bagi Pendidikan Umat Islam

The Islamic economic philosophy is based on the interconnectedness of God, Man (Cosmic), and Nature (Cosmos), and is directed towards financial tasks such as economic principles, consumption, production, sales, and economic development. In Indonesia, the development of Islamic economics is influenced by internal and external factors. The key principles of Islamic economics in Indonesia are Tawhid, Maslahah, and Fair, which emphasize the relationship between humans and God, and humans and nature based on the principles of sharia. The country has also developed a masterplan for Islamic economic development, focusing on areas such as strengthening the halal value chain, the Islamic financial sector, and micro, small, and medium enterprises

Economic Philosophy as the Existence of the 5.0 Era Development in Sharia and Conventional Banking

With digital transformation and progress in technology, the 5.0 era has a huge impact on the industry of Islamic and conventional banking. Understanding the existence of Islamic and conventional banking in the 5.0 era relies heavily on economic philosophy. This study aims to understand the role of economic philosophy in maintaining and developing Islamic and conventional banking in the 5.0 era. This study used a descriptive analysis approach, and the data were collected from literature and other relevant sources. Conventional banking, on the other hand, relies on the philosophy of economy neoclassical, which focuses on the development products and services. Islamic and conventional banking are influenced by progress technology and digital transformation in the 5.0 era. Application mobile banking, digital payments, data analytics, artificial intelligence, and blockchain technology are several examples of very important technology or facing challenges and exploiting opportunities in this era. However, in the era of 5.0, economic philosophy is also challenging to apply in Islamic and conventional banking. Conventional banking can notice the difference between the social and financial aspects, but Sharia banking must consider current principles to integrate technology. Sharia and conventional banking need to keep going and develop relevant digital products and services, strengthen regulation and supervision, and guarantee security and privacy of customer’s information. Research results show that good Sharia banking as well conventional are based on economic philosophy. Islamic banking relies on philosophy of Islamic economics, which focuses on principles like prohibition of usury, justice, and sustainable environment.
 Keywords: philosophy, economics, Sharia, conventional

An Analysis of the Translation Output and Value Dissemination of ChatGPT

ChatGPT, as a generative artificial intelligence system, possesses the ability to engage in interactive conversations with the users. This research focuses on evaluating the translation capabilities of ChatGPT3.5 by utilizing a small-scale corpus with bilingual news reports, renowned poetry translations, and government legal law documents. The translation by ChatGPT 3.5 are compared against those generated by Google Translate and DeepL Translate using the BLEU score as an evaluation metric. The study employs the Political Compass as a theoretical framework to investigate the potential ideological stance and values of ChatGPT by statements. The research reveals that ChatGPT performs greatly in Chinese-to-English translation, particularly demonstrating proficiency in technical, economic, and medical texts, compared to influential machine translation software. It should also be noted that the texts generated by ChatGPT is not completely rational and objective, as it exhibits inclinations towards left-wing economic ideologies. This highlights the role of ChatGPT in disseminating values within the realm of artificial intelligence and deepens our understanding of generative AI systems. Moreover, possibilities for exploring opportunities and providing guidance for shaping AI values open up.

How has Myths Influenced Modern Capitalism?

This essay examines the complex relationship between myths and contemporary capitalism, demonstrating the significant impact myths have had on society norms and economic ideology. While the British Industrial Revolution is frequently cited as the catalyst for the formalization of modern capitalism, myths have always been a part of human civilization. In the opening section of the investigation, myths are described as sacred stories focusing on crucial moments of “permanent significance.” The distinctive characteristics of myths make it possible for them to be spread through educational channels, a convergence of the efficiency principles of capitalism and the educational value of myths. This essay examines how myths reflect and influence modern socioeconomic activity by analyzing them using Joseph Campbell’s monomyth structure. Beyond the realm of education, myths are entwined with cultural narratives, affecting society values and ambitions, which is particularly clear in myths like the “American Dream” and the “infinite growth myth.” The essay uses a case study approach to illustrate how the American Dream and the idea of unlimited progress are compatible with capitalist beliefs. Case studies are complemented by secondary research, which offers broader contextual understandings. This essay, while acknowledging its limits, fills the gap between socioeconomics and mythological consequences by providing insightful details about the dynamic interaction between myths and capitalism doctrines. The essay reveals the extent of myths’ influence on forming the outlines of modern capitalism and our perceptions of success, development, and the human experience by examining their continuous significance and far-reaching effects.

FILSAFAT EKONOMI ISLAM : PENDEKATAN SISTEM EKONOMI ISLAM, NILAI-NILAI DASAR, DAN INSTRUMENTAL

Islamic economic philosophy is the basis of an Islamic economic system which is based on Islamic teachings in achieving its goals. This article will outline the philosophical foundations of the Islamic economic system, explore the fundamental values that form the basis of Islamic economics, such as justice, togetherness, and blessing, and identify various economic instruments. The research method used is literature study and several other references. Islamic economic philosophy considers humans not as the center (anthropocentrism) but as servants of God who must serve and carry out the duties given by Him as managers (khalîfah). Therefore, in economic activities, it is very important to uphold the values of ownership, justice, freedom, balance, brotherhood and unity in accordance with religious teachings in order to form a harmonious order in personal, social and state life.

Philosophy of Economics: Challenges and Prospects for Development

Philosophy of Economics: Challenges and Prospects for Development

PHILOSOPHICAL FOUNDATIONS OF ECONOMICS – A COMPARATIVE STUDY OF ISLAMIC ECONOMICS, CAPITALISM AND MARXISM

The philosophy of economics is concerned with the nature of reality, sources of knowledge, and the way knowledge is created. Based on their respective philosophical frameworks; capitalism seeks solution to economic problems through its laissez-faire model, Marxism attempts to resolve the problem through a planned economy model, and Islam on the other hand keeps the balance between the two approaches. The study is based on a comparative qualitative analysis of the philosophical frameworks, making reference to practical world problems. The paper maintains both Capitalism and Marxism have contributed to poverty, economic inequality, unemployment, and financial crises of the world at large. The study provides a model of the righteous economic system based on Islamic teachings for the sound functioning of the economy which can be adopted by the countries intending to switch from the conventional systems to the Islamic economic model.  

Ideology at the Water’s Edge: Explaining Variation in Public Support for Foreign Aid

To explain variation in foreign aid levels and attitudes in donor countries, past research emphasizes the importance of values related to the welfare state such as economic ideology. Scholars argue that liberals support redistribution at home in the form of a strong welfare state and redistribution abroad in the form of foreign aid. Yet, the conditions under which values related to domestic politics translate to issues of foreign policy remain undertheorized. I argue that economic ideology interacts with foreign policy orientation – individuals’ placement along the internationalist/isolationist spectrum – to shape foreign aid attitudes and outcomes. Using original data from surveys fielded in the U.S., UK, and Norway, as well as data on foreign aid spending levels, I show that the relationship between ideology and foreign aid is conditional on foreign policy orientation. The effect is driven by isolationist liberals whose support for redistribution stops at the water’s edge.

فلسفۂ اقبال اور اسلامی معیشت واقتصادیات: ایک مطالعہ

Iqbal was a great philosopher of the 20th century. He presented philosophical ideas and theories. Iqbal has examined economic philosophy in the context of feudal economic system, capitalist system, Marxist and Islamic ideas. Iqbal's economic thoughts are openly expressed in "ʻIlm-Ul-Iqtiesād” and his poetry. Iqbal wants Islamic economic system. Provision of universal human rights, equal distribution of wealth and equal opportunities for progress of mankind. Which can be achieved through Islamic economic system.

Economic Ideology in Indian Politics: Why Do Elite and Mass Politics Differ?

Economic Ideology in Indian Politics: Why Do Elite and Mass Politics Differ?

Iago the Quintessence of Capitalism: An Inquiry into Shakespeare's Othello

“Tis in ourselves that we are thus or thus” so claims Iago in Shakespeare’s Othello. His character compresses multiple complex versions, soliciting a large assortment of deliberations. He is the concentration of evil who thrives in breaking moral imperatives. He is a reflection of bigoted racism, or hegemonic patriarchy. In other instances, his repressed homoerotic desires are at the origins of his hatred and violence towards Othello. Interpretations of Iago converge and diverge into a timeless maelstrom of critical scrutiny. Beyond the ethical, cultural, social, sexual, and political boundaries, Iago can be read within an economic girth. Shakespeare’s Othello is entrenched in a world of social struggle and political upheaval. Iago’s pursuit of happiness is contingent not on changing fortunes but rather on avid individualism. His intentions and motivations might be an expression of a nascent Renaissance entrepreneurial values. Instead of a struggling proletariat, Iago stands for hostile and aggressively ambitious capitalism. The purpose of this article is to show that Iago’s character is a manifesto of an emergent Early Modern capitalism. His ruthlessness foreshadows a similar merciless modern economic ideology. Concepts such as servitude, desire, and individualism will be patterns that attempt to break down the conundrum that is Iago within a capitalist dialectic.