Economic Culture and Financial Mechanism

The Object of the Study. Economic culture.The Subject of the Study. The economic culture of the world finance market.The Purpose of the Study. Demonstrating the financial mechanism of exploiting Russia, its citizens and developing countries disguised as free market economy models.The Main Provisions of the Article.Economic culture is an important part of common personal culture. There are three interrelated levels of people’s economic behaviour. The basis of economic behavior is an “economic person” wishing to achieve maximum usefulness. Theoretical development of a more perfect category characterizing a person’s economic activity has not caused any changes in their practical behavior. Today, the category “human capital” functions to a certain degree only on microeconomic level and its practical use is connected not with the necessity  of a person’s development but with the necessity of income growth from economic use of this very person. The economic person continues to function on all the other levels of economic activities. It is, connected with the fact that financial and economic mechanisms regulating the behaviour of market agents on macro and mega levels, have already been formed and are used with the category of economic person. Credit, stock and currency markets exist as the system of command and exploitation of small economies. Every element of financial market is used to redirect the value created in the developing countries to the leading economic powers. Not only the financial system itself, but also the educational system of undeveloped countries, existing market models, international agreements and clustering countries have been organized for the diversion of this created value. Russia’s peculiarities are that the monetary authorities of the country submit to the interests of leading economic states. Many elements of economic culture are apparently of a fictitious and declarative nature, hiding the essence of economic and financial relations, which are still on the level of an economic person. Current economic culture does not meet the interests of contemporary society. It is necessary to transform economic and financial mechanism so that it should not destroy spirituality and nature of a person and contribute to harmonious development of both particular regions of the world and human civilization as a whole.