Economic Ideology Research Articles

Women who pay their own brideprice: reimagining provider masculinity through Uganda's thriving wedding industry

AbstractIn Uganda, the ‘traditional’ wedding, wherein a groom brings money and gifts to his father‐in‐law's home, has long been understood as the ultimate demonstration of a man's social maturity. Yet masculine adulthood is becoming increasingly elusive as weddings become more difficult to afford. Widespread unemployment has rendered most young men unable to fund the rituals while weddings themselves have become exceptionally lavish: brideprice payments now include ‘cows’, or millions of Ugandan shillings, as well as furniture sets, refrigerators, televisions, and even cars. With wedding expenses surging and their fiancés out of work, women have begun ‘paying their own brideprice’, as Ugandans say, by contributing substantially to wedding costs. In this article, we explore this oft‐debated phenomenon. We propose that the emergence of women who pay their own brideprice has invited a broad reimagining of the gendered economic ideologies that tether men to money under the rubric of provider masculinity. That celebratory, seemingly innocuous events such as weddings occasion the questioning of hegemonic forms of masculinity is particularly notable in Uganda, where gender conservatism dominates public discourse. Beyond Uganda, our case suggests revisiting the normative as a potent site for observing gendered social change.

Educational Institution Administration Using the Philosophy of Sufficiency Economy under the Jurisdiction of the Chaiyaphum Provincial Learning Promotion Office

Background and Aims: Education is an important factor that helps develop the people and the nation in every aspect. The Ministry of Education therefore has a policy to develop every educational institution to be able to carry out teaching and learning according to the philosophy of sufficiency economy. Focusing on quality and sustainable development so that the educational institution can be a learning center according to the aforementioned philosophy. Therefore, it is necessary to develop a model for organizing learning activities and school administration in line with the philosophy of the sufficiency economy. This research has three objectives: (1) A study of educational institution administration using the philosophy of sufficiency economy in educational institutions under the Chaiyaphum Provincial Learning Promotion Office. (2) Comparison of educational institution administration using the philosophy of sufficiency economy in educational institutions under the Chaiyaphum Provincial Learning Promotion Office. And (3) a study of guidelines for developing educational institution administration using the philosophy of sufficiency economy in educational institutions under the Chaiyaphum Provincial Learning Promotion Office. Methodology: The research sample consisted of 280 school administrators and teachers under the Chaiyaphum Provincial Learning Promotion Office. The research tools were questionnaires and interviews. which is a 5-level rating scale. The reliability value was 0.90 and the consistency value (IOC) was in the range of 0.8 to 1.00 for basic statistics used in data analysis, including frequency, percentage, mean, and standard deviation. Statistics used in hypothesis testing include T-test, F-test, and Scheffe's Method. Results: The results of the research found that (1) the administration of educational institutions using the philosophy of sufficiency economy under the Office of Learning Promotion, Chaiyaphum Province Overall it is at a high level. When considering each aspect, it was found that all aspects of educational institution administration using the philosophy of Sufficiency Economy were at a high level. The side with the highest average is Academic administration. (2) Comparative analysis of educational institution administration using the philosophy of sufficiency economy classified by position Education level and experience in performing budget work, it was found that: 1) Management of educational institutions using the philosophy of sufficiency economy classified by position overall there is no difference. 2) School administration using the philosophy of sufficiency economy. classified by educational level, it was found that overall, there were differences. 3) School administration using the philosophy of sufficiency economy categorized by work experience, it was found that those with less than 3 years of management experience, 3 – 5 years, and more than 5 years had statistically significantly different opinions. (3) Guidelines for developing educational institution administration using the philosophy of sufficiency economy under the Chaiyaphum Provincial Learning Promotion Office. Divided into each area, including general administration, budget management and academic administration. Conclusion: School administrators and teachers are aware of the importance of school administration using the philosophy of Sufficiency Economy. Under the Chaiyaphum Provincial Learning Promotion Office, there are clear operating procedures. There is coordination and cooperation both inside and outside the educational institution, all sectors, communities and related agencies. Applied in educational operations efficient administration of educational institutions using the philosophy of sufficiency economy according to the context of each educational institution. It will cause the promotion and development of students with good results, being accepted and trusted by the community and society, showing the potential of the educational institution in terms of educational institution administration.

The Interlink between Stakeholder Influence and Sustainable Practices: A Case Study of Thai Agriculture Enterprise

Nowadays, agriculture businesses have been significantly impacted by rapid global changes, compelling the agro-industry to adopt sustainable development practices to remain resilient. Moreover, the application of stakeholder theory has become essential in business management to achieve inclusive growth and fulfill sustainable business. Understanding the interlink between stakeholder pressure and the motivation to transform an enterprise’s practices into sustainable development is imperative. Therefore, this study aims to evaluate the direct pressure of stakeholder groups on sustainable practices in agriculture enterprises in Thailand through a questionnaire survey. This paper focused on the influence of primary and secondary stakeholders and evaluated the weighting of sustainability practices. The survey was conducted on employees who work in enterprises that apply Thailand’s Sufficiency Economy Philosophy (SEP). The research adopted the regression and information entropy methods for result analysis. The results showed that employees, shareholders, and competitors are significant stakeholder groups that drive sustainable capital covering economics, nature, society, and human capital. Last, stakeholder management is an outstanding practice in a SEP thinking enterprise. Concurrently, human capital is the highest priority to fulfill this alternative pathway to be successful in enterprise sustainability.

On the limits of economic activity: bridging degrowth and modern monetary theory for socio-ecological sustainability and justice

This paper advances recent work exploring synergies and tensions between two schools of political-economic thought—degrowth and modern monetary theory (MMT)—and posits that this synergy warrants closer attention from International Political Economy and Environment (IPEE) scholars. Thus far, degrowth policies have largely been proposed upon the assumption that governments are limited in budgetary terms. MMT theorists have offered an alternative perspective on fiscal policy space but generally provide insufficient ecological considerations. This paper asks how each school’s underlying assumptions about the limits of economic activity might inform the other’s framework of action. We find that while there are tensions between the two schools’ economic philosophies, there are possibilities for cross-fertilization, which ought to interest IPEE scholars. MMT could engage degrowth’s perspective of ecological limits and global socio-ecological justice in its discussions about what economies can ‘afford’, whereas degrowth could use MMT insights to shift from a ‘pay for’ to a ‘resource’ frame, while centering abundance before limits. Meanwhile, IPEE can provide insights to an MMT-informed degrowth transition by grounding this debate in material analyses of class and power. Our findings suggest that degrowth and MMT could provide a normative direction for IPEE research centered around meeting material needs within planetary boundaries.

Economic ideology: Versions of the concept’s acceptations and application

Economic ideology: Versions of the concept’s acceptations and application

Game Theory Applications In The Airbus-Boeing Dispute

This study examines the intricate trade dispute between Airbus and Boeing which took place from the late 1970s all the way till 2021. By using game theory tools including Nash equilibrium, mixed strategies, Stackelberg competition and credible threats, I can explore the strategic trade decisions, such as tarif s, subsidies and complaints to the WTO, taken by each player and how this af ects the overall competitiveness and the health of the LCA sector. Each of these games use data from the real world in order to ef ectively depict the outcomes that could have arisen and those that actually happened. The key findings were able to illustrate how although some of the theoretical economic ideologies were used, the real life decisions still deviated from the stable outcomes due to external pressures and factors. The results provide us a more intricate understanding of the trade world and the economic environment of the LCA industry

Application of the Sufficiency Economy Philosophy for Work and Integration of Life and Work Affecting the Career Success of Commercial Bank Employees in Northeastern Thailand

This research aimed to study the application of the sufficiency economy philosophy in the workplace and the integration of life and work, and how they affect the career success of commercial bank employees in northeastern Thailand. The population consisted of commercial bank employees. The sample included 383 commercial bank employees, selected using stratified random sampling based on the population proportion in each province of northeastern Thailand. A questionnaire was used as the research tool. Statistics for data analysis included percentage, mean, standard deviation, and multiple regression. The results indicated that the application of the sufficiency economy philosophy at work, particularly in the aspects of reasonableness, knowledge, and moderation, as well as the integration of life and work in terms of readiness to always work, significantly influenced the career success of commercial bank employees in northeastern Thailand. Additionally, the integration of life and work, specifically in the area of work-time flexibility, also had a notable impact on the career success of these employees.

The causal factors of transformational leadership and sufficiency economy philosophy practice influencing the performance of coast tourism business in Thailand

Purpose Transactional leadership and old-school management practices may not answer the changes in today’s world. Therefore, the study aimed to examine the influences of transformational leadership and the practice of sufficiency economy philosophy (SEP) on the performance of the coast tourism business in Thailand.Design/methodology/approach The population of this study comprised all Thai coast tourism businesses. Using simple random sampling, the quantitative data were collected from 407 coast tourism businesses in Thailand as the samples. Transformational leadership, SEP practice and business performance were adapted from the literature. Path analysis and factor confirmation including a correlation matrix were used to test the causal factors influencing the Thai coast tourism business’s performance.Findings Transformational leadership, SEP practice and performance of coast tourism business in Thailand were on a high level. Moreover, there were positive influences of transformational leadership (direct and indirect) and SEP practice on the coast tourism business’s performance.Practical implications Tourism business managers should pay attention to transformational leadership and SEP practice to lead to better performance for their businesses. Policymakers should educate businesses about new management practices to prepare for the changes in the future.Originality/value The findings of this study demonstrate that stakeholder theory can be used to explain the positive influences of transformational leadership and SEP practice on the coast tourism business’s performance in Thailand.

Long-run trends in partisan polarization of climate policy-relevant attitudes across countries

ABSTRACT We summarize long-run trends in partisan polarization of voters’ climate policy-relevant attitudes across 36 countries and multiple decades (1993–2020). We find substantial growth in partisan polarization of these attitudes in the US, other Anglophone countries and much of Western Europe, but not elsewhere. Comparing Western European to Anglophone countries, partisan polarization is more prominent on different climate policy-relevant attitudes, and primarily involves supporters of different party types. Observed partisan polarization patterns are not well explained by changes in either linkage to economic ideology or levels of general societal disagreement on climate policy-relevant questions. Growing partisan polarization does not generally reflect all partisan groups becoming more accepting of climate reform yet diverging because of differing rates of change. Instead, what disagreements there are on these matters have become increasingly tied to party support. Our findings highlight the increasing difficulty of achieving sustained political consensus for effective climate reform across many countries.

INVESTIGATION OF BLUE ECONOMY AND ITS IMPACT ON GLOBAL MARITIME TRANSPORTATION

According to sustainability, the Strategy to protect the oceans, water surfaces, and water resources that constitute 70% of the world is generally called a Blue Economy (BE). This Strategy maximizes the return from the aquatic environment, which can only be achieved when economic activity is perfectly balanced with the long-term activity of ocean ecosystems. Threats arising during and after studies and activities should be anticipated and actively reduced. This proactive stance is fundamental to the Blue Economy philosophy and allows us to reap its benefits while protecting our oceans. One of the most essential elements of the Blue Economy philosophy is maritime transportation, Ships, and Ports. The maritime industry should remain sustainable and green as it develops. The study investigated the impact of the Blue Economy on maritime transportation and how maritime transportation affects world trade.

Recession: A Conceptual Case Study Of Its Domino Effect On Economic And Psychological Capital

In this paper, the study will try to understand the conceptual framework of recession through its economic philosophy, psychology, and its narratives on society and livelihood. The behavioral pattern of a recession can be based on many variables like assets, credit volume, unemployment, etc. but these also can be the effect of a recession rather than the cause of the recession. Prediction of the severity of a recession is still a far-fetched concept as experts are still finding it difficult to unfold the formula of the accurate forecast of the same. The word recession itself has a domino sequel on all aspects of functional, execution, and consumption-oriented stakeholders of any country.

Предмет и основные направления современной философии экономики: в поисках пути развития

In the previous article we described the general ideas about the history of the phi­losophy of economics and its subject in Russia and in the West countries, con­cluding that these ideas differ from thinker to thinker, in the West and in Russia. In this article, we will be interested in the main directions of modern philosophy of economics, and we will also reflect on the reasons for the lack of a general definition of the subject of philosophy of economics and possible (and optimal) scenarios for its development. The modern philosophy of economics – the so-called “new” philosophy of economics – differs from the “old” philosophy of economics by focusing on the premises of the post-non-classical philosophy of science and natural science as the ideal of rationality. Thus, it continues to deepen the break with philosophy, understood as the knowledge of the truth. In this case, the philosophy of economics turns into a set of theories that are in no way connected with each other, inheriting from economics the ambiguity of their subject. From our point of view, the philosophy of economics should move away from the “naturalistic turn” and return to philosophy itself. The main idea is that the philosophy of economics should cease to be only a tool for ana­lyzing economic problems and become a full-fledged philosophical study of eco­nomic science and economic reality. This will allow economic science itself to be considered as a single system. The complexity of this approach lies in the fact that it is necessary to rethink not only the subject of the philosophy of economics but also the subject of economic science itself

Integrating the Sufficiency Economy Royal Philosophy and Participatory Action Research Approach to Promote Self-Care for Stroke Prevention in Selected Communities of Southern Thailand.

(1) Introduction: Effective control of stroke risk factors can reduce stroke incidence. Motivation for participatory action of community dwellers to practice self-care to modify stroke risk after providing them with knowledge of stroke risk factors is considered useful under a situation of limited healthcare resources. This study aimed to evaluate the outcomes of integrating the sufficiency economy philosophy (SEP), a royal economic philosophy in Thailand, and the participatory action research (PAR) approach on stroke risk factors control among selected communities. (2) Methods: Villagers who had medium to high stroke risk from two provinces with leading stroke incidences in southern Thailand were invited to participate in an eight-month SEP-PAR program conducted in 2019. Group meetings among the study participants, local healthcare providers, the researchers, and relevant stakeholders in the communities were held to co-design a health behaviors program targeting lower waist circumference (WC), body weight (BW), blood pressure (BP), fasting blood sugar, blood lipids, and smoking and alcohol consumption rates. Follow-up physical measurements and blood tests were compared with the baseline results for significant differences by descriptive statistics (p < 0.05) using the R program. (3) Results: Of 126 participants, 75.4% were female. Moderate and high stroke risk levels were found in 58.2% and 19.8%, respectively. Elevated baseline WC, BW, BP, and blood test results were found in 50-80% of the participants. The co-designed health behaviors in this study were dietary control, regular exercise, relieving psychological stress, and stopping smoking and alcohol consumption. Overall, the participants had significant adherence to the co-designed health behaviors. At the end of the program, the follow-up tests showed significant reductions in BW, BP, fasting blood sugar, and lipids, but not in WC. (4) Conclusions: A combined SEP and PAR approach was effective for stroke risk factors control among the community dwellers. Motivation for self-care is a significant strategic outcome expected of this approach. Longer follow-up studies in larger populations are needed.

Revisiting Dr. B.R. Ambedkar's Economic Ideologies and Contemporary Relevance

: Research paper delves into the economic ideology of Dr. B.R. Ambedkar, a prominent social reformer, jurist, and the principal architect of the Indian Constitution. While Ambedkar is widely recognized for his contributions to social justice and political rights, his perspectives on economics are equally significant. This paper aims to explore Ambedkar's economic philosophy, examining its roots, key principles, and implications for contemporary economic discourse. Through a thorough analysis of his writings, speeches, and policy recommendations, this research seeks to shed light on the relevance and applicability of Ambedkar's economic ideas in the present socio-economic context.

When government’s economic ideology shapes income redistribution. Empirical evidence from the OECD

When government’s economic ideology shapes income redistribution. Empirical evidence from the OECD

Recontextualizing Max Weber’s Ideal Type

Abstract In this article, I recontextualize Weber’s ideal type in the philosophy of natural science and economics in terms of idealization. The goal is to promote the appreciation of this methodology in contemporary social science and improve upon some Weberians’ underdeveloped interpretations. Drawing on Weber’s methodological writing and study of the Protestant ethic, I argue that the philosophy of idealization and Weber’s ideal type share methodological characteristics: both support the selection of a research topic by isolating a particular component of reality and then constructing an imagination based on empirical materials and thought experimentation. By using the imagination as a benchmark, investigators counterfactually and contrastively explain why a particular case was observed as it was, as opposed to other possible outcomes.

Genetic and environmental influences on the stability of political attitudes

It has been established across several contexts that political attitudes are informed by heritable factors. However, it remains unclear how much of the stability we observe in political attitudes can be ascribed to environmental factors and how much of the stability is due to genetics. In this paper we show, using a unique three-wave panel dataset of twins (N = 2471) spanning ten years, that both environmental and genetic influences are important in explaining the stability of social and economic ideology. However, we find that changes in ideology over time are explained by environmental factors for both social and economic ideology. For social ideology, only the shared environment is important in explaining changes over time. For economic ideology, both shared and unique environmental factors influence changes over time. Our results suggest that stability and change in political attitudes is a complex phenomenon that is best understood when examining heritable as well as social factors.

Internalization of Indonesian Economic Ideology on Formal Education for Elementary School Level

This research aims to internalize and indoctrinate Indonesian economic ideology through economic learning for elementary school students and also test the effectiveness of economic learning tools based on the Articles of the 1945 Constitution. This research applied a Design Based Research (DBR) development research approach. The results of this research are economic learning development products based on articles of the 1945’s Constitution which are based on joint efforts based on the principle of kinship, which can effectively indoctrinate and internalize elementary school students in the economic ideology of the Indonesian nation. This process is carried out by instilling Indonesian economic ideology from an early age, students can know, recognize and have the character of the values of Indonesian economic ideology in their lives.

Industry 4.0 and circular economy for bolstering healthcare sector: A comprehensive view on challenges, implementation, and futuristic aspects

Industry 4.0 technologies are also strengthening the circular economy and circular healthcare. It is accomplished by implementing methods to reduce waste and undertake advanced sustainability initiatives. Industry 4.0 uses advanced technologies like the Internet of Things (IoT), Cloud computing, Big Data, and Artificial Intelligence (AI) to enhance productivity, satisfy customers, and generate new business opportunities. Industry 4.0 may immediately redirect a system, equipment, or worker who deviates from the most effective path to reduce wasteful emissions. Due to the limited supply of resources and increasing demand to discover sustainable manufacturing methods, the conventional strategy has proven unsuccessful. In order to reduce the need and demand for resources, the circular economy is in which waste from one sector is repurposed as raw material in another. Industry 4.0 brought forth technological advancements that are fundamentally more sustainable than conventional corporate methods. A sustainable strategy that lowers waste production and limits exposure to dangerous chemicals in the healthcare industry is known as circular healthcare. The reuse, repair, and recycling of toxic-free materials and products are encouraged in circular healthcare. The healthcare industry has to stop utilizing dangerous chemicals, stop using single-use items that are troublesome and wasteful, and take the lead in developing sustainable supply chains. Industry 4.0 developments assist the circular economy and healthcare by lowering material waste. Reuse opportunities are increased, appropriateness is improved, and negative mining consequences are minimized when pollution levels are low. In this paper, we have adopted a review-based approach to accomplish research objectives. This paper discusses Industry 4.0 and its relationship with the circular economy and healthcare. Studies specific practices of Circular Economy philosophy and discusses the Smart enablers of Industry 4.0 for Circular Economy. Finally, it identifies and discusses the role of Industry 4.0 in the smart circular economy and circular healthcare. Machines in Industry 4.0 with human-machine interfaces record data using cyber-physical systems and then analyze historical behaviour using Machine Learning (ML). The main aim of circular healthcare is to improve global health and sustainability while taking social and environmental responsibility. Creating a product that is useful for as and, integrates well with the environment, and can be recycled. By utilizing the circular economy and circular healthcare, healthcare organizations may gain and contribute to sustainable business models that help them for better health outcomes, enhanced patient and worker experiences, and lower care costs.

Democratizing the monetary provisioning system to enable social-ecological transformation

Any society must undertake economic activities, which are embedded within social systems, to generate the flow of goods and services to provide for the material means of life, including the provisioning of money. The economic ideology of money as a “neutral” medium of exchange obfuscates the sociopolitical nature of the monetary provisioning system. In contrast, we ground our analysis in the understanding of money as a social relation, and we apply the lens of social provisioning to the monetary system. This view makes clear that the monetary system is embedded within, and reinforces, existing hierarchies and power structures and evolves through processes of political contestation. First, our analysis traces how changes in the monetary system have shaped the institutional structures of early capitalism such that the monetary system was seemingly depoliticized. Second, we apply this historical analysis to generate a deeper understanding of current monetary contestations. We apply a discourse analysis of the European Union’s fiscal rules to reflect these debates. The monetary system as it has taken shape through the financial crisis of 2007–2008 and the COVID-19 pandemic has brought the political nature of money back into the public imaginary. Accordingly, we highlight the role and power of the state as guarantor of the functioning of the monetary system. A full acknowledgement of this governmental capacity could create renewed space for monetary contestations and democratization. Our analysis reveals that these are both necessary elements to ensure the financing and macroeconomic stability of a social-ecological transformation.