Economic problems of the modern capitalist system
DOI:
https://doi.org/10.52340/bal/2025.18.01.10Keywords:
Economic crisis, economic model, free market economy, purchasing power of the populationAbstract
For centuries, economic scientists, experts, and politicians have been trying to figure out what causes economic problems, looking for ways to eliminate these problems, but to no avail, and the problems remain problems. In fact, the world is in a constant economic crisis. For some reason, humanity calls the peak or extremely aggravated state of economic crises an “economic crisis.” Millions are spent on organizing various economic forums, trillions on overcoming economic crises, but in vain. The measures taken only help to temporarily alleviate the situation, and not to solve the problem once and for all.
It is well known to everyone that the economy is the main basis for the existence of humanity. If the economy is in a prolonged crisis, everything collapses and collapses, even states. The economy creates an environment for development and makes it possible to satisfy human needs.
The presented work discusses the modern problems of the capitalist social order and the free market economy. It is necessary that politicians - when planning political processes and governing the state; economists - to manage economic processes; businessmen - to properly plan and manage their own business activities; managers of all spheres - to properly conduct management, etc. Serious economic problems are caused precisely by the non-reactionary environment, gross errors made in economic theories and economic formulas, and political and social systems created on their basis.
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