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A.I.Bayramov:Economic time from methodological point of view: anatomy of conceptual vision

no “present”. Chronos consists on only “present” and has no past and future. It is at the same

time meaningless and contentless time which is not related with logos. Moreover during the
transfer from modern to postmodern the Eon changes its meaning. Thus the Eon which has social

dogma, destiny and historical importance for the society for modernism, it became more relative
during the postmodernism. The create objects can create their past and future. Chronos continues

to flow and can give rise for buds in any point of its development. As we can see the time can
lose all its qualities in retrospective and modern approaches, at the same time it become more

subjective and as a result transfers to the next stage – post-time period.

From the historical point the sequence of the societies changes in accordance with the
sequence of time models. From this point of view the change can be shown as following:

“wasteful” “economical” time “time creating” time
time model → model → model

Postmodern
Traditional Modern society society
society → →

Picture 5. The chnage of the time model

The “post-time” model shows the process of the creating of “new time”. Even if it
characterized as a probability time model, the differences between the different society types

does not decrease and even increases.

Economic development is the function of economic time
Depending on “density” of the economic time the economic substance changes both from

quantitative and qualitative points. The correlation between its parts is also obvious: increase in density
of the time brings about the progress and decrease to the regress. The crisis comes in excessive “sparse”

condition of the time density. The economic thought explains the aspects by the means of progress →
regress terminology. The treatment of such approach as adequate reaction to the existing changes is

misleading. At least in the mentioned scheme stagnation and time “featheriness” are not considered. In

other words, the approach like the economy is ether developing or stagnating in form of “or” approach
is anachronism and is not in line with the time “featheriness”. In addition, we would like to mention

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