MORAL CREDIT AND ITS ROLE IN SHAPING SOCIAL
AND ECONOMIC PROCESSES Cover Image

KREDYT MORALNY I JEGO ROLA W KSZTAŁTOWANIU PROCESÓW SPOŁECZNYCH I GOSPODARCZYCH
MORAL CREDIT AND ITS ROLE IN SHAPING SOCIAL AND ECONOMIC PROCESSES

Author(s): Roman Lusawa
Subject(s): Social Sciences, Sociology, Socio-Economic Research
Published by: Państwowa Szkoła Wyższa im. Papieża Jana Pawła II w Białej Podlaskiej
Keywords: credit; institutional economics; energy-based economics; moral credit; economic and social order

Summary/Abstract: The article presents the concept of moral credit one of the key notions of the concept of energybased economics which was introduced by Stanisław Pszczółkowski, an outstanding economist from the era of the Second Polish Republic. Material and methods. Critical analysis of such concept contained in Stanisław Pszczółkowski’s “Outline of Economics” (1936) based on the problem literature review. Results. The study presents the essence of moral credit, which is the Polish achievement of the energy-based economics, 40 years ahead of American researchers’ achievements in this field. Subsequently, the corporate nature of the institution was exposed with the attention being paid to the sources of the corporation’s rights to take over its members’ moral obligations. It was followed by reflections on the related issues. Conclusions. Moral credit is a highly effective economic institution which influences the level of social security in: social security; community security and developmental security, and is an important element of man’s self-education.

  • Issue Year: 14/2020
  • Issue No: 4
  • Page Range: 49-63
  • Page Count: 14
  • Language: English, Polish