«New economic reality» as an intermediate phase of development between capitalist and associated modes of production

Elena S. Chikanova () and Olga V. Brizhak ()

Economics of Contemporary Russia, 2023, issue 3

Abstract: The emergence of qualitatively new phenomena of social and economic life, economic theory receives impulses of its renewal and is being modernized. Among such phenomena are the new economic reality, its scale, complexity, as well as the saturation of acute contradictions predetermine the difficulties of its theoretical interpretation and significant differences in the interpretations of its content. At the same time, these peculiarities of the new economic reality make necessary to attract to its theoretical study the cognitive possibilities of the theory of modes of production. Drawing on such opportunities, the authors come to the conclusion that the new economic reality represents a special phase in the progressive movement of the capitalist mode of production. The boundary of such a phase is set by the transition of the threshold of measures in the accumulation of problems that are not provided with adequate solutions, generated by long and deep technological shifts, as well as related socio-economic transformations. A new economic reality arises in the process of transformation of the system of the capitalist mode of production, within which the prerequisites of the associated mode of production are intensively created and accumulated. The formation of a special theory of a new economic reality capable of interpreting a variety of factors characteristic of various aspects of the corresponding phenomenon makes possible to build a holistic picture of a special phase of the development of the capitalist mode of production system, as well as to develop applied tools that are in demand in the process of regulating the most important processes of this phase. The research conducted by the authors is focused on: defining a special subject area of the specified theory in the general space of the evolution of economic theory; developing a method of its research, providing the needs of its formation and development. The article contains practical recommendations for realizing the cognitive potential of the theory of new economic reality. The main results of the theoretical study carried out belong to one of the new directions in the development of economic theory, which predetermines the debatable nature of the conceptual provisions, final conclusions and practical recommendations received by the authors. In the process of research, the possibilities of the dialectical method, modern versions of the systemic and evolutionary approaches, as well as the resources of a number of theories were realized: the mode of production; capital; socio-economic transformations; personification of economic relations; threshold measures in the development of the phenomenon.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:ack:journl:y:2023:id:908

DOI: 10.33293/1609-1442-2023-3(102)-66-76

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