Title: The scientific and methodological approach to classification of economic systems according to the criterion of pleasure

Authors: Elena G. Popkova

Addresses: Center for Applied Research, Department of Economic Policy and Public-Private Partnership, Moscow State Institute of International Relations, 76 Vernadsky Avenue, Moscow, 119454, Russia

Abstract: The purpose of the work is to solve the set problem by developing the scientific and methodological approach to classification of economic systems according to the criterion of pleasure. Based on the existing methodologies of measuring the level of development of pleasure economy - methodology of calculation of happiness index and methodology of calculation of happy planet index - the author develops and uses (approbates) a new scientific and methodological approach to classification of economic systems according to the criterion of pleasure. Within this approach, two measures of the pleasure economy are distinguished: the level of happiness in society and the level of social, economic, and ecological well-being of society. This allows considering the external conditions of living on the territory and their internal perception by the residents. It is substantiated that the capabilities of state management of the pleasure economy are very limited.

Keywords: economic system; pleasure; pleasure economy; happiness; conditions for life; trade; global markets.

DOI: 10.1504/IJTGM.2021.116728

International Journal of Trade and Global Markets, 2021 Vol.14 No.4/5, pp.450 - 458

Received: 27 Jan 2020
Accepted: 11 Apr 2020

Published online: 14 Jul 2021 *

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