THE FINANCIAL ASPECT OF THE WEALTH OF PEOPLE AND NATIONS

Authors

DOI:

https://doi.org/10.29038/2786-4618-2024-01-78-87

Keywords:

wealth, law, value, economic relations, trust, responsibility, credit, money, obligations, financial instruments, information age, digital technologies.

Abstract

Introduction. The article is devoted to important problems: what are the origins of people's wealth and inequality, why do some nations decline and others become richer?

The purpose of the article.. The purpose of the article: on the basis of a systematic approach to problems and a new interpretation of the basic law of value, the principle of its growth, and the fundamental provisions of the theory of finance, to shed light on the nature of the wealth of mankind.

Results.The article examines the approaches of scientists from different countries, regarding their answers to today's questions and the substantiation of their conclusions. On the basis of a systemic approach, the nature and causes of the wealth of people and nations were investigated, and the contribution of scientists to the solution of existing problems was analyzed.

  It is substantiated that there were and will be many reasons for wealth, and they are always interconnected. The nature of wealth remains the same - the desire of people to create and circulate value in order to satisfy their needs and the needs of nature. A study was conducted using the law of value and the fundamental provisions of the theory of finance, which showed that trust and responsibility between people, the state and nature were and are the basic principle of wealth.

It is outlined that trust and responsibility are a manifestation of a person's worldview, when a person not only understands the need to be trustworthy and responsible, but also feels such a need. Trust and responsibility, as a manifestation of human consciousness, is formed by many factors: geographical, climatic, political, national, family, pedagogical, psychological, spiritual, as well as education, availability of natural resources, technological progress, legal and moral norms, and others

The article analyzes the problems of increasing wealth in Ukraine and highlights the ways of its growth. An attempt was made to make a scientific forecast of the growth of the wealth of mankind in the information age.

Conclusions It is proven that during the transition to the information age, which has already begun, the worldview of the population of the countries and the world scientific paradigm are changing, which creates for scientists a new foundation for researching the problems of wealth development. However, the nature of wealth remains the same: trust and responsibility between people and man towards nature. Trust-responsible relationships are a manifestation of a person's worldview.

 

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Published

2024-04-02

How to Cite

[1]
2024. THE FINANCIAL ASPECT OF THE WEALTH OF PEOPLE AND NATIONS. Economic journal of Lesya Ukrainka Volyn National University. 1, 37 (Apr. 2024), 78–87. DOI:https://doi.org/10.29038/2786-4618-2024-01-78-87.