Page 30 - Azerbaijan State University of Economics

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

As we can see, there is no unified future for entire humanity, depending on the type of the

social-economic type of the society the sequence of the time realization may change significantly:
 In the developed countries the socio-economic sequence of the time is realized in the

following way “far” future present past. This is due to the fact that there is no exact name

of the present and it is presented as expansion of the past. It is clear that acceptance of
“nameless” present as a starting point is nothing more that the attempt to simplify the situation.

The name of the “present” will be probably defined in future. Therefore in the mentioned
countries “far” future turns into the present time.

 In the developing countries the socio-economic sequence of the time is realized in the

following way “far” future future present past. As it was mentioned above the future
here is considered as “present” for the developed countries.

 In the not developed countries the socio-economic sequence of the time is totally
different and realized in the following way past present future. Past is the period before the

traditional society, present is period of the traditional society and the future reflects the industrial

society. In other words, the future for these countries is a present time for the developing ones.
The views accepting the future as a natural continuance of the present time, even in case of

elimination of relative limitations, it brings about the excessive simplification of the mentioned

process. This is due to the fact that this process never goes in increasing linear path and future
reflects the upper level of the qualitative change:

 In case of certain conditions the future can be a result of continuous repeat of the present;
 Future economic time is created time. Its independent flow is principally impossible;

 The division of the economic time to past – present – future can reflect the define inter-
system counters;

 The reality of the “present” and “here” in the economy plays important role in its

realization;
Thus the all aspects of the historical-economic process cannot be accumulated in one

place… the economic process can postpone, stop and ultimately not to start. From this point of
view, the economy has cyclic relation and waved features. When cycle ends the previous genetic

relation is brought and new one is forming. The process flow of the historical economic time is

manageable… It can be directed, calmed down and even redirected.

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