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EN
The aim of the article is to propose a simple Taxonomic Measure of Sustainable Development and to measure its relation with the time allocation. The research follows the scheme: i) the construction of the TMSD; ii) the regression analysis of the TMSD and time allocation variables; iii) the comparative analysis of the TMSD in 2004 and 2012 followed by the interpretation of the results. The authors formulated the thesis about the relation between the level of sustainable development and the time allocation. The research shows that the more equal time allocation between men and women, the more sustainably developed the economy. This is probably because women live in a more sustainable way than men1. Also, the measure illustrates well how strongly differentiated the BSR countries are in terms of sustainable development. The most favourable situation was observed in Scandinavian countries and Norway. In most of the countries the level of sustainable development rose over the time of observation.
EN
The purpose of this paper is to present the changes that have place with regard to Poles’ value system over the last 12 years, as well as to demonstrate differences based on sex, level of education and household income level. The analysis was based on the results of the European Social Survey (ESS). The research results indicate that the hierarchy of values cherished by Poles does not undergo significant changes. The most important values are security, universalism and benevolence. The least significant values include hedonism, stimulation and power. There are no identifiable differences in the hierarchies of values of women and men. However, there are noticeable differences depending on the level of education, household income level and age of surveyed respondents.
EN
In both theory and practice, it is emphasised that engaging in CSR actions brings many benefits to companies. One of the commonly listed advantages is more trust from investors, which enables the achievement of superior returns from securities issued by socially responsible firms. The paper endeavours to investigate whether this benefit can be also noticed among businesses in the Polish index of socially responsible companies RESPECT. The study involves firms included in the RESPECT index from its inception (November 2011) to the end of 2015. The authors compared the RESPECT index with selected Polish market indices between 2009 and 2015. Empirical studies, based on an analysis of returns, risk, dividend yields and shareholder structure, facilitated the assessment of the attractiveness of investments in the shares of socially responsible businesses against the background of other firms quoted on the Warsaw Stock Exchange.
EN
The theory of human capital is a vital common point of economics and social-economic ethics. In the economic literature there are two accounts of human capital. In the first account, the human capital is the human himself, as a creator of goods and services (A. Smith, J.S. Mill, T.W. Schultz). In the other account, the capital consists of the skills, abilities, knowledge, energy and health that the human possesses (D. Begg, J.B. Say, G.S. Becker). In economic ethics, human capital is profoundly analysed in relation to economic growth. However, the growth depends not only on the physical and mental health of businesspersons and employees, their education and professional skills, but also on their moral development. The category of human capital – although it remains quite trendy – gets interpreted in reductionist ways, i.e. in economic dimensions only, whereas the human factor in the economy should be extended to the category of moral capital. These days, the concept of moral capital begins to play a very serious role in the foundations of social sciences. The objectives of this paper are: to compare different theories of human capital, to emphasize the need for a comprehensive account of the subject, and to defend a thesis that moral capital resources support business efficiency.
EN
The transformation of the modern world of work towards the information society, knowledge society, have a rapid course. These transformations take on a global character, and the most of their consequences are negative. One of them is to base the employment process on the flexible solutions. Nowadays, neither the high level of education, nor the high competences are not enough to give confidence in finding employment. The contemporary labour market is characterised by unstableness, ‘elusiveness’ and, above all, flexibility. The challenge has become a flexible company, which employs only flexible workers within the framework of flexible forms of employment. Despite its universality, the concept of flexibility still remains inconsistent and vaguely defined.
EN
The characteristic discriminant of contemporary societies, particularly in economically developed countries, is, on the one hand, the expansion of consumerism in various spheres of economic and social life, while on the other hand, it is the attempt to restrict excessive consumption. The principal aim of this paper is the description of the chosen changes in consumption in contemporary society and their economic consequences. The author searches for answers to the following question: What orientations mark out the behaviour of consumers in the market? In the search for answers to this question, the orientation towards excessive consumption that is stimulated by the ideology of consumerism and deconsumption as a protest against consumerism have been placed under analysis. In analysing the ideology of consumerism, the main styles of consumerism have been indicated as follows: consumption of pleasures, compulsive consumption and symbolic consumption. In contrast to the behaviour associated with over-consumption, the behaviour in pursuit of the restriction of the consumption of goods indirectly connected with actual needs has been described, namely sustainable consumption and anti-consumption, as well as the voluntary simplicity movement in consumption.
EN
The paper begins by emphasizing the fact that, on a historical scale, one can have several views of the relationship that has existed over time between ethics and capitalism, namely: missionary, ‘Nietzschean’, critical, and ‘regulatory’. It is argued that, nowadays, the capitalization of the contributions supplied, over time, by the four views embraces the form of two modern diametrically opposed perspectives, i.e.: on the one hand, there is the interpretation given by the neo-classical school of thought (mainstream economics) and, on the other hand, it comes to the interpretation given by the Austrian praxeological economic school (libertarian economics). The emphasis of the analysis is put on the assertions developed by the last one, libertarian thinking, that insists on the necessity to operate with a well-defined distinction between the legal level of the matter, the ethical level and the moral one. At the core of the libertarian analysis there is the understanding of the capitalist system being naturally impregnated by ethical values. And this intrinsic ethical nature of capitalism is organically bound to the sphere of the ownership-type relationship. In line with the understanding of the economic system, based on the institutions of the free market as representing ethical capitalism per se, the paper argues that the realities of the world today show governmental interventionism as a main factor that supports non-ethical economic behaviour. As a consequence, the more limited government intervention is, the greater the chance of ethical capitalism, that is, voluntary, non-conflictual and non-aggressive economic market relationships. Under such conditions, a ‘minimal state’ institutional arrangement (that is, the legitimate use of power by the state is limited to preventing fraud or the use of force; it does not include the power to tax or to confiscate property) is the basic condition for the existence of an ethical capitalism that works, which is to say that the chance of an economic system based on ethical values stands in people’s willingness to be part of such an evolution in society that aims to minimise the role of the state. Further, the paper argues that any historical analysis on how societies asserted such a willingness outlines the expression of a secular and unshaken option for growing rather than diminishing state involvement in the economy. It is about people’s perennial preference for the state, namely for the organization of society based on state interventionism (respectively, their preference for the coercive order imposed by the state authorities, order based, through its own nature, on the subjugation of private property and the aggression against individual freedom), with a preference for the government intervention over the organization of a society based on free market functioning (which is equivalent, in fact, to their rejection of a voluntarily and spontaneously non-violent order, based on the observance of private property and individual freedom, brought about by the free functioning of markets). In the last part of the paper there are put forward for discussion the possible explanations for this perennial preference for non-ethical capitalism, the analysis focusing on two directions: firstly, on that of social ontology; and then, on that of human psychology.
EN
In the article we test the hypothesis that the weakening of family ties, as measured by the reduction in the number of marriages, a cascade of divorces and the decrease in the fertility rate, has brought about an economic slowdown in Poland. We also suppose that the economic growth and increased standard of living influence the increasing number of marriages, the fertility rate, and results in a decreasing number of divorces. We verify these hypotheses using an econometric model of economic growth with the family social capital. The model consists of seven stochastic equations and exhibits the feedback between GDP, labour productivity and some variables representing social capital, in particular the marriage disintegration ratio. We try to verify the hypothesis of the existence of an optimal divorce rate for economic growth.
EN
The last financial crisis combined with some recent social trends (like growing inequality or environmental problems) inspired many contemporary economists to the re-evaluation of actual economic knowledge in the search for solutions to these problems. Modern economic schools (especially heterodox ones) stress the meaning of ethical issues in economics more often. The thesis of the paper is that this revival of the ethical face of present economics depends very strongly on the changing assumptions of human nature within economics and other disciplines which work alongside economics, such as social psychology or business ethics, for instance. In order to prove the thesis, the paper provides an evaluation of current economic schools, especially within the heterodoxy, in search of their ethical aspects, and presents them as a result of the changing assumptions about human beings within those schools. This ethical dimension of human beings manifests itself in different ways, which can be perceived as a result of it being based on different ethical schools and different psychological and philosophical assumptions about human nature. Therefore, the paper also considers the current developments of the view on human beings in contemporary schools of economic ethics.
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