The author analyzes the place of basic ethic question — the problem of individual choice — in the polemics of A. Smith with B. Mandeville, theorems of R. Coase, K. Arrow, in “prisoner’s dilemma” and other liberal theories. She arrives at the conclusion that modern scholars, like representatives of classical school, consider ethical behavior of human as a key driver of economic development and welfare. The author also concludes that spiritual and moral education is a particularly important social good.
The topic of millennial confrontation of Cain and Abel civilizations runs like a thread through the entire conversation of Alexander Ageev and Alexander Isaev with famous Russian economist and professor of MGIMO International Finance Department, chairman of the Russian Economic Society Valentin Katasonov. Orthodoxy and Orthodox culture — that’s the unique bridge over the chasm towards the Abel civilization. The Cain civilization rooted in the West is striving for world domination. How to pass from the Abel economy in families to the Abel economy in the state – that’s one of the most important issues of the present. Nothing more and nothing less than survival of Mankind is at stake.
The financial system of modern world market economy is not only means of functioning of world economy, but it has everything that is necessary to perform functions of global management system for social and economic development of every nation. It requires the development of new social-oriented model of credit system (orthodox banking) with special institutions that would operate according to ethical standards of business and religious values. Our research reflects opportunities of modernization of Russian credit system in post-crisis period, and there is described new attitude to banking system, which provides new type of banking service.