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Statements

Subject Item
n2:RIV%2F00216224%3A14560%2F14%3A00077227%21RIV15-MSM-14560___
rdf:type
n14:Vysledek skos:Concept
dcterms:description
The issue of financial crisis will not only be considered from the economic perspective, but also from the sociological perspective, which brings new insight and attention to phenomena that purely economic perspective can hide. It was very visible during the last financial crisis where the media was focused too much on the economic effects and not enough awareness of the social nature of the crisis. There are three main sociological perspectives: functionalist, conflict theory, and symbolic interactionism. Functionalists believe that economic recessions are functional for society because economic downturn eliminates the poorly operating businesses, while the more useful businesses survive. Conflict theory is based on Karl Marx’s work. A Capitalist system can become so complex, abstract, and alienating, that even those who seem to be controlling the system of loans, secondary loans, and hedge funds, have no idea how it is working. The issue of financial crisis will not only be considered from the economic perspective, but also from the sociological perspective, which brings new insight and attention to phenomena that purely economic perspective can hide. It was very visible during the last financial crisis where the media was focused too much on the economic effects and not enough awareness of the social nature of the crisis. There are three main sociological perspectives: functionalist, conflict theory, and symbolic interactionism. Functionalists believe that economic recessions are functional for society because economic downturn eliminates the poorly operating businesses, while the more useful businesses survive. Conflict theory is based on Karl Marx’s work. A Capitalist system can become so complex, abstract, and alienating, that even those who seem to be controlling the system of loans, secondary loans, and hedge funds, have no idea how it is working.
dcterms:title
Models of Financial Crisis and Early Warning System Models of Financial Crisis and Early Warning System
skos:prefLabel
Models of Financial Crisis and Early Warning System Models of Financial Crisis and Early Warning System
skos:notation
RIV/00216224:14560/14:00077227!RIV15-MSM-14560___
n4:aktivita
n12:S
n4:aktivity
S
n4:dodaniDat
n10:2015
n4:domaciTvurceVysledku
n5:5041562
n4:druhVysledku
n9:D
n4:duvernostUdaju
n16:S
n4:entitaPredkladatele
n17:predkladatel
n4:idSjednocenehoVysledku
30008
n4:idVysledku
RIV/00216224:14560/14:00077227
n4:jazykVysledku
n6:eng
n4:klicovaSlova
Financial Crisis; Indicator; Run on the Bank; Social Capital; Warning
n4:klicoveSlovo
n8:Warning n8:Financial%20Crisis n8:Indicator n8:Social%20Capital n8:Run%20on%20the%20Bank
n4:kontrolniKodProRIV
[B2936A4303F2]
n4:mistoKonaniAkce
Brno
n4:mistoVydani
Brno
n4:nazevZdroje
New Economic Challenges – 5th International PhD Student Conference Conference Proceedings
n4:obor
n11:AH
n4:pocetDomacichTvurcuVysledku
1
n4:pocetTvurcuVysledku
1
n4:rokUplatneniVysledku
n10:2014
n4:tvurceVysledku
Doláková, Bohuslava
n4:typAkce
n20:CST
n4:zahajeniAkce
2014-01-01+01:00
s:numberOfPages
7
n15:hasPublisher
Masaryk University in Brno, Faculty of Economics and Administration, Department of Finance
n19:isbn
9788021071407
n13:organizacniJednotka
14560