Socio-Economic Research Bulletin 2016, 2(61), 9-17

Open Access Article

Evolution of economic views on the economic interests in the middle ages and the manufacturing period

Victoria Smiesova
PhD in Economics, Associate Professor, Department of Theoretical and Applied Economics, Ukrainian State University of Chemical Technology, E-mail:smesova_vl@ukr.net

Cite this article:

Smiesova, V. (2016), Evolution of economic views on the economic interests in the Middle Ages and the manufacturing period. Ed.: M. Zveryakov (ed.-in-ch.) and others [Evoliutsiia ekonomichnykh pohliadiv shchodo hospodarchykh interesiv v epokhu seredniovichchia ta manufakturnoho periodu], Socio-economic research bulletin; Vìsnik socìal’no-ekonomìčnih doslìdžen’ (ISSN 2313-4569), Odessa National Economic University, Odessa, No. 2 (61), pp. 9–17.

Abstract

The article analyzes the origin and evolution of individual and common interests, and the reasons of their permanent changes are revealed. The link between the history of economic development, formation processes and realization of economics’ interests, social relations are substantiated. The specificity of reproduction of the economic interests of economic entities in the Middle Ages and the manufacturing period is elucidated. Evolutionary links of medieval economic thought and views of economists manufacturing period on individual and common interests are revealed. A comparative characteristic of economic interests in times of feudalism and the manufacturing production in the spheres of their implementation, object and subject, the processes of formation and implementation reasons, the objectives, nature displays, tools, and the degree of implementation is proposed.

Keywords

farming; reproduction; economic interests; economic outlook; interest; conflicts of interest; the manufacturing period; the Middle Ages.

JEL classification: B110; D740; N000;  DOI: https://doi.org/10.33987/vsed.2(61).2016.9-17

UD classification: 330.161:330.811:330.812

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