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Human Being, Market and Capital in the 21st Century Economy

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  • A. Buzgalin
  • A. Kolganov

Abstract

The authors argue that historical systematic approach creates opportunity to show that in the 21st century economy Human being is to a greater extent the subject of creative activity and at the same time is subordinated to the total hegemony of market ("market fundamentalism" - G. Soros) and global capital. Because of that Human being acquires the modified form of "human capital". This creates the deformed vision that Human being - the subject who creates all social wealth and culture - is not more than "capital", an object of private property assigned for market transactions. The alternative approach, which stresses the active role of Human being and the necessity to develop all human qualities, opens space for realization of the programs "information for everyone", "education for everyone" and so on.

Suggested Citation

  • A. Buzgalin & A. Kolganov, 2006. "Human Being, Market and Capital in the 21st Century Economy," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 3.
    • Handle: RePEc:nos:voprec:y:2006:id:1719
    DOI: 10.32609/0042-8736-2006-3-125-141
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