Reclaiming and reframing economics: probing the educational potential

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Authors:

I.Dobroskok, Dr. Sc. (Pedag.), Prof., orcid.org/0000-0002-3937-8428, Pereiaslav-Khmelnytskyi Hryhorii Skovoroda State Pedagogical University, Pereiaslav-Khmelnytskyi, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

L.Basiuk, Cand. Sc. (Pedag.), orcid.org/0000-0003-0899-8648, Pereiaslav-Khmelnytskyi Hryhorii Skovoroda State Pedagogical University, Pereiaslav-Khmelnytskyi, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

N.Rzhevska, Cand. Sc. (Pedag.), orcid.org/0000-0001-8695-5964, Pereiaslav-Khmelnytskyi Hryhorii Skovoroda State Pedagogical University, Pereiaslav-Khmelnytskyi, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

M.Kalashnyk, orcid.org/0000-0001-7015-3641, Pereiaslav-Khmelnytskyi Hryhorii Skovoroda State Pedagogical University, Pereiaslav-Khmelnytskyi, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Abstract:

Purpose. To consider the possibilities of educational potential in the reclaiming and reframing of the world economy. The authors paid special attention to the activities of the club of Rome, the examples of which the possibilities of educational potential for the reform of the world economy were revealed.

Methodology. As a theoretical and methodological basis of the study, the authors used the activities of the club of Rome, an authoritative political, scientific and financial organization, which considers the reclaiming and reframing economics to be one of the main objectives of its activities. The main methods of research are: methods of analysis and synthesis, comparative analysis, methods of expert assessments and scientific generalizations.

Findings. The authors made a brief review of modern literature, which proves that the imperfection of the current economic system is the main cause of climate change, depletion of natural resources, as well as growing social inequality in society. By the example of the club of Rome, the authors proved that the reclaiming and reframing of the world economy should begin with education. Together with political, financial and scientific potentials, educational potential has had and continues having a powerful impact on the reclaiming and reframing of the world economy. The authors identified and proved two key opportunities of educational potential:

1. An opportunity to change the world Outlook on the economy on a social scale, i.e. to change the philosophy of the economy.

2. An opportunity to create a global youth network that has the power to rebuild and reform the economic system.

Originality. The authors identified and proved two key opportunities of educational potential in the reclaiming and reframing of the world economy: 1. An opportunity to change the worldview of the economy on a social scale, i. e. to change the philosophy of the economy. 2. An opportunity to create a global youth network that has the power to rebuild and reform the economic system.

Practical value. By the example of the projects of the club of Rome, the authors proved the effectiveness of the educational potential in the reclaiming and reframing of the world economy. The results of the research open the possibility of wide use of the experience of the club of Rome both for reforming the economic discipline in the educational system of Ukraine and for reforming the economy of Ukraine. The paper is intended for theoretical exploration and practical use of students, graduate students and teachers of Economics, as well as second persons interested in reforming the world economy and sustainable development of society.

References.

1. Courvisanos, J., Doughney, J., & Millmow,A. (Eds). (2016).Reclaiming Pluralism in Economics. Edited by. Routledge.

2. McCain, R. (2015). Reframing Economics: Economic Action as Imperfect Cooperation. Edward Elgar Pub.

3. McManners, Р. (2016). Reframing Economic Policy towards Sustainability. Explored through a case study into aviation. Routledge.

4. Club of Rome. (2019). Retrieved from https://www.clubofrome.org/

5. Lovins, H., Wallis, S., Wijkman, A., Fullerton, J., & Raworth, K. (2018). A Finer Future: Creating an Economy in Service to Life. New Society Publishers.

6. Kravchenko, A., & Kyzymenko, I. (2019). The Forth Industrial Revolution: New Paradigm of Society Development or Posthumanist Manifesto. Philosophy and Cosmology, 22, 120-128. Retrieved from DOI: 10.29202/phil-cosm/22/10.

7. Bazaluk, O. (2017). The Strategies of Systematization of the Theories of Education. The Main Meaning and Features of the Theories of Education of Plato’s and Isocrates’ Lines. Future Human Image, 7, 11-27.

8. Bazaluk, O. (2017). Plato’s and Isocrates’ Traditions in the Development of Educational Theories in the History of Culture. Annals of the University of Craiova – Philosophy Series, 40 (2 ⁄ 2017), 5-18.

9. Khomenko, O., & Barna, T. (2019). Zonal-and-Wave Structure of Open Systems on Micro, Mega- and Macrolevels of the Universe. Philosophy and Cosmology, 22, 24-32. DOI: 10.29202/phil-cosm/22/3.

10. Kastrup, B. (2018). The Next Paradigm. Future Human Image, 9, 41-51. DOI: 10.29202/fhi/9/4.

11. Club of Rome. (2016). Reclaim Economics. Retrieved from https://www.clubofrome.org/2016/06/03/reclaim- economics-call-for-participation/

12. Reclaim Economics. (2016). Portal i Kwartalnik, czerwiec 6, Retrieved from https://emiddle-east.com/reclaim-economics/

13. Bazaluk, O. (2019). The Revival of the Notion of Arete in Contemporary Philosophy. Schole, 13.1, 198-207. DOI: 10.25205/1995-4328-2019-13-1-198-207.

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15. Aragon Declaration for Sustainability. (2017). Zaragoza, 4th of May 2017. Retrieved from https://www.clubofrome.org/wp-content/uploads/2017/05/Aragon-Declaration-of-Sustainability_English.pdf

16. von Weizsaecker, E., & Wijkman, A. (2018). Come On! Capitalism, Short-termism, Population and the Destruction of the Planet. Springer-Verlag. DOI: 10.1007/978-1-4939-7419-1.

17. First Club of Rome Summer Academy. (2017). Retrieved from https://www.clubofrome.org/2017/05/17/summeracademy/#more-1987.

18. The very first Festival for New Economic Thinking. (19‒20 Oct 2017). Retrieved from https://newecon.co/

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20. Wellbeing Economy Alliance (WEAll). (2019). Retrieved from https://wellbeingeconomy.org/

21. Summer Academy for Pluralist Economics 2018: Ten Years After The Crash. (n.d.) Retrieved from https://www.exploring-economics.org/en/summer-academy-10-years-after

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