Desirable Communal Freedom Democracy based on Comparison of Capitalism, Socialism and Communism: A View of the Ultron-Logotron Theory

  • Sung Jang Chung
Keywords: Communal Freedom Democracy, Capitalism, Socialism, Communism, Behavioral Economics, Confucianism, Jeong Yeok, Ultron-Logotron Theory

Abstract

A scientific, economic relationship among self, society and nation is still not clearly known in sociology, economics and philosophy because of lack of concrete historical human data that would enable us to substantiate it. Humanity experienced many conflicting economic and political systems. Consequently, sociologists, economists and philosophers have been investigating to study the economic relationship among self, society and nation that may lead to a desirable political and economic system for individual and social prosperity. The author presented a desirable ideology of “communal freedom democracy” based on his theory of the science of self, society and nation that is derived from the perspective of his theory of the science of self, mind and body. In this study, the ideology of “communal freedom democracy” is compared with other theories related to socio-economic systems:  Ringmar’s “surviving capitalism”, Marx’s communism, socialism, Acemoglu and Robinson’s economic and political theory, Thaler's behavioral economics, and teachings related to economics in Confucianism. There is a considerable agreement between the ideology of “communal freedom democracy” and Ringmar’s “surviving capitalism”, Acemoglu and Robinson’s economic and political theory, or teachings related to economics in Confucianism. The “communal freedom democracy” seems to be a desirable economic and political system that would contribute to achieve individual and social prosperity, and further harmony and peace in the society and nation.  

 

Downloads

Download data is not yet available.

Author Biography

Sung Jang Chung

3909 Vailwood Dr. Nashville, TN 37215, USA

References

Acemoglu, D. and J. Robinson (2012). Why Nations Fail: The Origins of Power, Prospects, and Poverty. New York: Crown Business.

Ainslie, G. W. (1974). Impulse control; in pigeons. Journal of the Experimental Analysis of Behavior. 21, 485-489.

Ainslie, G. W. (1975). Specious reward: Theory of impulsiveness and Impulse control. Psychological Bulletin, 82, 463-496.

Akademien (2017). Richard Thaler: Integrating economics with psychology. Stockholm: The Royal Swedish Academy of Sciences.

Bell, D. A., 2008. China’s New Confucianism: Politics and Everyday’s Life in Changing Society. Princeton, NJ: Princeton University Press. .

Benartzi, S. and Thaler, R. H. (2013). Behavioral economics and retirement savings crisis. Science, 339, 1152-1153.

Bois, P. (2019). Pope Francis returns from Abu Dhabi, says Islam and Christianity will promote 'common values'https://www.dailywire.com/news/43158/pope-francis-returns- abu-...tm_medium=email&utm_content=020719-news&utm_campain=position6

Chan, S. (2012). Equilibrium in classical Confucian “economy”. Open Journal of Philosophy, 2, 100-106.

Chen, J. (2012). Economics of Confucius: What do original sources say? http://ubibk.ac.at/csi/symposium/2007/economics-of-confucius_chen.pdf

Cho, K. J. (2012). Prohibition of the pro-North leftists solidarity to occupy more than a half of seats of the national congress. Monthly Chosun, No. 5, pp. 170-183.

Cho, K. J. (2013). The father rescued the country, the Republic of Korea with the muzzle, and the daughter saved again the Republic of Korea with the vote. Monthly

Chosun, No.1. pp. 132-145.

Chung, S. J. (1960). Studies on a mathematical relationship between stress and response in biological phenomena. Republic of Korea Journal of the National Academy of Sciences, 2, 115-162.

Chung, S. J. (1986). Computer-assisted predictive mathematical relationship among metrazol dose and time and mortality in mice. Computer Methods and Programs in Biomedicine, 22, 275-284.

Chung, S. J. (2009). Seeking a New World: A New Philosophy of Confucius and Kim Hang. Bloomington, IN: iUniverse.

Chung, S. J, (2010). The Book of Right Change, Jeong Yeok 正易: A New Philosophy ofAsia. Bloomington, In: iUniverse.

Chung, S. J. (2012). The science of self, mind and body. Open Journal of Philosophy, 2, 171-178.

Chung, S. J. (2013a). The Science of self, society and nation. Modern Social Science Journal, Vol. 2, No. 1.

Chung, S. J. (2013b). Mathematical relationship of “probcent”-probabilty equation among exogenous stressor, stress and response in biological phenomena. International Journal of

Chung, S. J. (2013c). Economic relationship among self, society and nation.International Journal of Asian Social Science, 3, 622-644.

Chung, S. J. (2017). A review of Confucian philosophy based on Jeong Yeok, the Book of Right Change: Its comparison with science. International Journal of Humanities and Social Science, 7, 31-44.

Chung, S. J. (2018). A review of economic relationship among self, society and nation: Parallels between behavioral economics and economics based on the ultron-logotron theory. International Journal of Humanities and Social Science, 8, 1-16.

Chung, W. C. (2019). Joint growth as the principle of social activity. Seoul National University U. S. Alumni News, 297, January 2019.

Confucius, 1979. The Analects 論語 (Lun yü). Translated by D. C. Lau. London: Penguin Books.

Dan, Y., 2006. Confucius from he Heart: Ancient Wisdom for Today’s World. NewYork: Atria Books.

Edwards, L. (2019). The truth about socialism: It doesn't care about the middle class. It's about keeping the ruling class' power. https://www.foxnews.com/opinion/the-truth-about-socialism-it-doesnt-care-about-the- middle-class-its-about-keeping-the-ruling-class-power

Franklin, D. (ed.), 2012. Megachange: The world in 2050. Hoboken, NJ: John Wiley & Sons, Inc.

Gorka, S. (2018). Why We Fight. Washington, DC: Regnery.

Greene, J. D., R. B. Sommerville, L. E. Nystrom, J. M. Darley and J. D. Cohenm, 2001. An fMRI investigation of emotional engagement in moral judgment. Science, 293, 2105-2108.

Gruenberg, L., 1959. Defining Moments: The Korean War. Detroit, MI:Omnigraphics. Junning, L, 2011. The ancient roots of Chinese liberalization. The Wall Street

Journal, July 6, 2011, p. A13.

Kawalczyk, H. A. (2019). Capitalism< socialism and communism.https://www.huffingtonpost.com/henry-a-kowalczyk/capitalism-socialism-and- _b_8523486.html

Kaku, M., 2008. Physics of the Impossible. New York: Anchor Books.

Kenen, P.B., 1994. Managing the World Economy. Washington, DC: Institute for International Economics.

Kim, H., 1885. Jeong Yeok 正易, The Book of Right Change (text was originally published in Chinese characters in Korea in 1885, and translated into Korean by J.

H. Yi. Seoul, Korea: Asian Culture Press, 1990).

Lee, P. S., 2012. Opportunism to do both politics and professorship. Monthly Chosun, No. 6, pp. 202-215.

Lukes, S., 1985. Marxism and Morality. New York: Oxford University Press

Lupo, T., 2008. Warren Buffett. New York: Weigl Publications Inc.

Marx, K. and Engels, F., 1848. The Communist Manifesto. Wikipedia: http://en.wikipedia.org/wiki/The_Communist_Manifesto.

Marx, K., 1867. Capitalism. New York: Vitage. Wikipedia: http://en.wikipedia.org/wiki/Karl_Marx.

McGonigal, K., 2012. The Willpower Instinct. New York: Avery.

McLure, S. M.; Laibson, D. I.; Loewenstein, G, and Cohen, G. (2004). Separate neural systems value immediate and delayed monetary rewards. Science, 306, 503-507.

Miller, E. K. and J. D. Cohen, 2001. An integrative theory of prefrontal cortex function. Annual Review of Neuroscience, 24, 167-202.

National Geography Society, J. Diamond (Foreword), 2008. 1000 events that shaped the world (pp. 18-19). Washington, DC: National Geography Society.

Nikkhah, B., 2012. Frontier science philosophy for quality lives. Open Journal of Philosophy, 2, 1218-129.

Obisi, R., F, Remisamuel and S. T. Elegbede, 2013. Organization effectiveness: beyond workers’ rights and management prerogatives. International Journal of Asian Social Science, 3 (1): 204-215.

Okon, E. E., (2013). Islamic jurisprudence and the primacy of shariah. International Journal of Asian Social Science, 3 (1): 138-149.

Palmer, J. (2015). Essentials of Philosophy Volume IV (pp. 133-140). Jersey City, NJ: Clanrye International.

Polany, K., 2001. The Great Transformation. Boston, MA: Beacon Press.

Porter, M. E. and M. R. Kramer, 2011. Creating shared value. Harvard Business Review, January-February, 2011: 1-7.

Ringmar, E., 2005. Surviving Capitalism. London: Anthem Press.

Sandkühler, H. J., 2012. Reflections on the nature of ideology. http://www.crvp.org/book/Series03/III-18/chapter_i.htm

Sapolsky, R. M., 2004. The frontal cortex and the criminal justice system.

Philosophical Transactions of the Royal Society of London, Series B, Biological Science, 359, 1787-1796.

Shefrin, H. M. and Thaler, R. H. (1988). The behavioral life-cycle hypothesis. Economic Inquiry, 26, 609-643.

Smith, A., 1776. The Wealth of Nations. Indianapolis, MD: Liberty Fund.

Stern A., 2011. China’s superior economic model. The Wall Street Journal,

Strotz, R. H. (1956). Myopia and inconsistency in dynamic utility maximization. Review of Econmic Studies, 23, 165-180.

Sugden, R. (2013). The behavioral economics and the social planner: to whom should behavioral welfare economics be addressed? Inquiry, 56, 519-638.

Thaler, R. H. and Shefrin, H. M. (1981). An economic theory of self control. Journal of Political Economy, 89, 392-406.

Thaler, R. H. and Sunstein, H. R. (2008). Nudge. New Haven, CT: Yale University Press.

Trump. D. (2019) State of Union 2019. December 1, 2011, p. A19. https://www.cnn.com/2019/02/05/politics/donald-trump-state-of-union-zoff-transcript/index.html

Wikipedia, 2012. Nationalization http://en.wikipedia.org/wiki/Nationalization

Wilhem, R., 1967. The I Ching or Book of Changes 周易. Translated by C. F. Baynes into English. London: Rutledge & Kegan Paul

Yi, J. H., 1992. The Third. Yeok Hak (text in Korean). Seoul, Korea: Asian Culture Press

Yu, J. H., 2013. Creating shared value and joint growth. The Seoul National University Alumni News in the USA. No. 225, January, 201, pp. 6- 7.

Published
2019-04-10
How to Cite
Sung Jang Chung. (2019). Desirable Communal Freedom Democracy based on Comparison of Capitalism, Socialism and Communism: A View of the Ultron-Logotron Theory. EPH - International Journal of Humanities and Social Science (ISSN: 2208-2174), 4(4), 62-83. Retrieved from https://ephjournal.com/index.php/hss/article/view/1250