Moral foundations of economic self-determination of the individual

- Лавренко, О.В. (orcid.org/0000-0002-9943-9536) (2020) Moral foundations of economic self-determination of the individual Actual problems of psychology: Organizational psychology. Economic psychology. Social Psychology, 56 (1). pp. 44-52. ISSN 2072-4772

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Abstract

The article considers the moral foundations of economic self-determination, which is realized at the personal level through the moral and value choice of economic self-development. Economic self-determination of the individual is defined as the process of awareness, understanding and realization of his/her role in economic relations guided by the ideas about themselves as active agents of the economy and according to the attitudes to themselves in this role. As a result, individuals form their own strategy of conscious economic behavior, in the process of which they realize their economic interests, meet their needs with a focus on social moral principles and values. The norms of public morality set the vector of the formation of social qualities of the individual, which are expected and needed by the modern market economy. Morality indicators of the individual's economic activity include his/her ideas about moral regulators in the economic sphere, moral assessment of modern economic phenomena and agents, attitudes towards moral norms in business and interpersonal relations, attitudes towards money, various economic phenomena and ways of economic self-sufficiency, as well as economic identity of the individual, and the individual's subjective economic status. The individual's morality implies the presence in his/her moral consciousness of harmony of the behavioral norms accepted in the social environment and his/her own moral principles. In fact, economic activity (its results and conditions) determines the moral and psychological component of economic self-determination of an individual. The author also analyzes the relationship between the concepts of morality and appropriateness as factors of economic self-determination of the individual.

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