Humanistic Problems of Modern Economics

The article aims to comprehend humanistic problems in modern society, the solution of which largely depends on understanding the human being’s role in current socio-economic processes. Various and ambivalent processes in economics are rather unclear in their consequences and make our society enhance the importance of the humanistic component of progress to promote both the material wellbeing growth and the humanity’s personal, spiritual development. The theoretical and practical problem of the research is the contradiction between a human’s self-perception as a person with their special intellectual and creative potential and the role a person plays in modern economics. On the basis of economic development logic, the human’s secondary role and dependence of people’s lifestyle on technological and economic processes are explained. In the context of the human’s role as a production resource, such fundamental universal human problems as alienation, economic unfreedom and dehumanization are actualized. These problems are investigated in the following patterns: separation of the human capital from human being, the impact of techno-economics on an individual’s choice in almost all life spheres, the blurred personal and social boundaries, the mixed personal and professional identification, the increasing interpersonal competition in the labor world, and personality’s capitalization. Alienation and unfreedom are great contributors to the suppressed human feeling, to the dissonance between personal aspirations and environmental foundations. The described problems determine the expediency of reorienting the innovation paradigm of socio-economic development into a humanistic one with fundamentally different target guidelines. The most urgent scientific task in this sense is the conceptualization of the humanistic direction under the information economy concept, which is a modern form of innovative development.

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