4-th topic. The most ancient economic theories

Chinese culture and science presented deathless values for the history of economic thought, as well as  for the history of the world's culture​​. One of the honorable authors of these higher values ​​is Confucius (552-479 BC).

Confucius considered the fair and prosperous society under the model of family. He wanted to stabilize social and economic structure of society under the principles of father and son, elder brother and little brothers. This idea is based on principles of respect for elders, humanism and understanding of social responsibilities. In these ideas humane people are modest fair and forbearing. Confucius showed that, benevolent people are aware of their responsibilities, but uneducated people prefer to take advantage of.

In these ideas high moral principles are above than all kinds of wealth and high positions in society.

Even at present, the most important challenge for the world is the idea that, Confucius considered the moral improvement of man as a foundation of public administration.

According to him, the government is a large family and King is the father of the nation.

Confucius showed the image of the ideal manager as a perfect man and he pointed that, government spending must be cost-effective and this institute should care for people. The ancient philosopher showed theoretical ideas of ethical standards in socio-economic relations.

In general, analyses of Confucius’s ideas show that, every time and everywhere humanism is above than economic interests. In these concepts human values and economic interests are in the same platform. In these sources we clearly see that, the concepts about stabilization of socio-economic structure in society are the part of humanism ideas.

Some materials were used from the book of “The history of economic studies” published under  editing by M.Meybullayev

 Aghanemat Aghayev