Scientific works in the theories of finances in addition to credit, according to the specification from the research object, are usually characterized to become many-sided and many-leveled.
The definition of wholeness of the economical contact formed in typically the process of creation, distribution and usage of finances, as money sources is extensively spread. For example, in "the basic theory of finances" you will find two descriptions of finances:
1) "... Finances indicate economical relations, development with the funds of money sources, inside the process associated with distribution and partage of national invoices according to the distribution and even usage". This classification has relatively in order to the conditions involving Capitalism, when cash-commodity relations gain universal character;
2) "Finances represent the formation associated with centralized ad decentralized money sources, affordable relations relatively using the distribution in addition to usage, which function for fulfillment from the state functions and obligations and also provision of the particular conditions from the increased further production". This kind of definition is delivered without showing the particular environment of it is action. We discuss partly such justification of finances plus think expedient to make some requirements.
First, finances defeat the bounds associated with distribution and répartition service of the nationwide income, though that is a basic first step toward finances. Furthermore, formation and consumption of the fall fund which is the part of financial domain, belongs not really to the distribution and redistribution of the national earnings (of newly formed value during a year), but for typically the distribution of already developed value.
This kind of latest first appears to be some sort of part of value of main industrial cash, later it will be relocated to the expense price of an all sety product (that is to the value too) and after its realization, in fact it is set typically the depression fund. Their source is consumed into account before hand as a depression kind in the particular consistence with the prepared products cost price.
Second, main goal of finances is substantially wider then "fulfillment of the state capabilities and obligations and even provision of situations for that widened even more production". Finances can be found around the state stage and also on the particular manufactures and branches' level too, and even in such conditions, when the most area of the manufactures happen to be not state.
Sixth v. M. Rodionova features a different location about this issue: "real formation involving the financial resources commences on the period of distribution, once the value is realized and concrete inexpensive forms of typically the realized value will be separated from typically the consistence with the profit". V. M. Rodionova makes an highlight of finances, as distributing relations, if D. Job positions S. Moliakov underlines industrial basis of finances.
Nevertheless both of these people give quite verify discussion of money, as a system of formation, distribution and use of the funds of money sources, that arrives of the following associated with the finances: "financial cash relations, which forms in the particular process of submission and redistribution regarding the partial associated with the national riches and total social product, is related with the subjects involving the economy plus formation and consumption of the state cash incomes and even savings in the widened further production, in the material stimulation of the workers for pleasure with the society interpersonal as well as other requests".
Throughout the manuals regarding the political economy we meet using these definitions regarding finances:
"Finances associated with the socialistic condition represent economical (cash) relations, with the aid of which in turn, in the method of planned submission of the profits and savings the funds of money causes of the state and socialistic produces are formed with regard to guaranteeing the growth associated with the production, growing the material and cultural level regarding the people as well as for satisfying other basic society requests".
"The system of design and usage of necessary funds regarding cash resources intended for guarantying socialistic increased further production stand for precisely the finances associated with the socialistic modern society. And the totality of economical contact arisen between state, manufactures and businesses, branches, regions plus separate citizen according to the movement of money funds make economic relations".
As we have seen, definitions regarding finances made by simply financiers and personal economists usually do not differ greatly.
Finance, Credit, Investments - Economical Categories
·
3 min read
