In modern economic theories, human qualities are treated as autonomous production factors, which are called “human capital”. However, these theories provide no description of the relationship between human capital and the ...

Global capitalism is both an outcome and a stimulant of spreading not only the same market economy standards and lifestyles but moral relativism as well. Its origin goes back to Anglo-Saxon liberalism that limits the ...

Utilitarianism as an innovative and original stream of ethical and political thought has enriched the philosophical discourse of the last three centuries. Utilitarian thinkers claim that maximization of pleasure correlated ...