PHENOMENON OF ENTERPRISE IN THE INTERPRETATION OF LIBERTARIAN THEORY

Keywords: libertarianism, capitalism, enterprise, efficiency, initiating agents

Abstract

The article is devoted to the question of the methodology of the enterprise institute in the light of the main provisions of the theory of libertarianism. An analysis of the modern general theory of the enterprise is carried out, which is based on the thesis about the importance of a set of economic and non-economic factors to ensure efficiency. False emphasis in a significant number of theories on the role of the social component as the main factor of effectiveness is emphasized. The relevance of such research is outlined in the light of the antagonistic conflict of ideas between the main ideological doctrines and the corresponding economic theories that are widespread in modern civilization – capitalism (libertarianism), state regulation and left-wing theories, while the description of the universal enterprise according to each of these paradigms provides diametrically different models of nature and functions of this institute. It is substantiated that only the theory of libertarianism, which is the ideological successor of the economic liberalism of classical political economy, can provide a correct understanding of the above. Attention is focused on the fact that the enterprise is a natural institution of the capitalist economic environment and entrepreneurship, which dialectically corresponds to the philosophy of the existence of the material world of civilization, ensuring the needs of society on the basis of market exchange. The main function of any enterprise in a capitalist environment is to maximize the profitability of the activity, which is the most beneficial scenario for all recipients and potential beneficiaries of this institution, while the impact on human resources is only a subordinate task. It is emphasized that under the conditions of regulatory influence, the enterprise acquires abnormal forms and functions, which makes it impossible to maximize the efficiency of its activity. Historically known structural types of enterprises are presented, the advantages, limitations and risks of functioning of a corporatized enterprise of the post-industrial type are defined. The unique role of the act of creation of the enterprise and the role of agents-initiators of this process are determined; it is substantiated that in order to maintain manageability and efficiency at the enterprise, as well as to minimize destructive conflicts, the political power to make decisions on the part of this group of agents should be preserved.

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Published
2024-07-31
How to Cite
Krychkovskyi, V., & Shuberanskyi, V. (2024). PHENOMENON OF ENTERPRISE IN THE INTERPRETATION OF LIBERTARIAN THEORY. Entrepreneurship and Innovation, (32), 56-63. https://doi.org/10.32782/2415-3583/32.9