Abstract
The article aims to highlight the humanization of the contemporary
economy and, what is connected with that, the necessity to take under broader
consideration the factor of culture in the analysis of economic phenomena.
The discussion has a theoretical character and results from research being
carried out for several years by Warsaw School of Economics in cooperation
with the scholars of Lazarski University in Warsaw. The research concerned
cultural conditions of location and interdisciplinary formation of principles
of balanced economic development. The basis for the theses formulated
in the article is a methodological consideration of a broadened concept of
“institutional economics”, which makes it possible to take into consideration
the so-called “soft” factors and development conditions in the interpretational
analysis. As culture is a manner of speaking about collective identities, it is
becoming an inseparable element of exercising choice between economic
culture and barbarism. The collective conscience of the entities of social
and economic life should move faster towards contemporary institutions’
operating in the modern civilization style. Adoption of Prof. A. Kłosowska’s
statement that culture is also the behavior of people involved in economic
processes together with the products and results of such behavior can help
economists in the promotion of these processes. The general conclusion is
that it is necessary to analyze economic phenomena in a broader, humanistic
and scientifically interdisciplinary manner.