Developing traditional ideas about economic and financial activities

Subject. This article considers economic and financial activities as a system process in space and time. Objectives. The article aims to reveal the fragmentary nature of the traditional idea of economic and financial activities as a consequence of the discrepancy with the general scientific principle of the continuity of space and time. Methods. For the study, I used a systems approach. Results. On the basis of the representation of the process of activity as a system that includes not only a material, but a virtual element as well, the article reveals the contradiction between its traditional representation and the general scientific principle of continuity. The proposed approach focuses on the process of economic and financial activity of a person as a designer of his future, his ability to cognitive activity and eliminates fragmentation in the traditional view of the economy, which violates the general scientific principle of continuity of space and time. Conclusions. The proposed systems view of economic and financial activities, and in general of any human activity, has scientific and practical significance both in terms of the development of economic theory and the expansion of the tools of scientific research to the interdisciplinary level. A systems view of economic activity will require a change in approaches to the temporary assessment of labor efficiency and will help change the criteria for classifying physical and mental labor.

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Publication Details

Journal
Finance and Credit
Published
2025-03-27
DOI
https://doi.org/10.24891/fc.31.3.129
Primary Topic
Economic and Technological Developments in Russia
Type
article
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article

Developing traditional ideas about economic and financial activities

Vladimir V. NIKOLAEVSKII
Finance and Credit
Economic and Technological Developments in Russia
article

Developing traditional ideas about economic and financial activities

Vladimir V. NIKOLAEVSKII
article en

Abstract

Subject. This article considers economic and financial activities as a system process in space and time. Objectives. The article aims to reveal the fragmentary nature of the traditional idea of economic and financial activities as a consequence of the discrepancy with the general scientific principle of the continuity of space and time. Methods. For the study, I used a systems approach. Results. On the basis of the representation of the process of activity as a system that includes not only a material, but a virtual element as well, the article reveals the contradiction between its traditional representation and the general scientific principle of continuity. The proposed approach focuses on the process of economic and financial activity of a person as a designer of his future, his ability to cognitive activity and eliminates fragmentation in the traditional view of the economy, which violates the general scientific principle of continuity of space and time. Conclusions. The proposed systems view of economic and financial activities, and in general of any human activity, has scientific and practical significance both in terms of the development of economic theory and the expansion of the tools of scientific research to the interdisciplinary level. A systems view of economic activity will require a change in approaches to the temporary assessment of labor efficiency and will help change the criteria for classifying physical and mental labor.

Finance and CreditVol. 31(3)
Belarusian National Technical University (BY)
Decent work and economic growth
Openalex Percentile: Top 89%
Economic and Technological Developments in Russia
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Developing traditional ideas about economic and financial activities — Vladimir V. NIKOLAEVSKII · Finance and Credit (2025) | TGRS Research Map | TGRS