Modern economics, which is powered by profit, and not by benefit for people, inevitably follows pecuniary principles, and lives from rent and exploitation. It fails to stand up to modern challenges. For economy to turn into a plant producing useful goods, it should give up all liberal principles, change the economic philosophy, as well as its priorities and instruments. The theory and the properties of such an economic model are described in this monograph.
Vladimir Emeliyanovich Chabanov, Doctor of Technical Sciences, Professor of Physics. Full member of the Economic and Philosophical Society of MS University, Correspondent of the International Academy of Sciences Ararat, Grand Doctor of the International University of Fundamental Education (IUFS). He is the author of three monographs on physical acoustics and six on fundamental economic issues, as well as over 100 other printed works, reports and inventions.
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Scientific editor: PhD in Economics, Honoured Worker of Higher Education of the RF, Head of the Department of Economic Theory of the S-P State University.