Research On The Finance Of Cultural View

From a cultural viewpoint, this paper gives a profound thinking about the financial behavior of the individual, and the financial ethic, laws and system of the society. The purpose of this paper is not only to explore financial ethic which is urgent necessity for current global financial group, but also to supply a new way to reconstruct financial regulations and institutions.In the past time, scholars have got many achievements in their research on the financial problems through three ways, such as from the view of rules on financial operation, technique in finance or supervision over finance. But it is not enough just considering the work that they have finished. The global financial crisis which originated from the subprime crisis has affected many fields of finance through financial liberalization, financial globalization, so it is important to study financial problems from the view of culture and ethics.This paper gives a simple but profound thinking about the finance from such view and build an initial framework of cultural finance.A scholar can't clearly understand the cultural issue which involved the financial behavior of the individual and the financial ethic,laws and system of a society, if a scholar just has the knowledge of finance. For this reason,if a scholar will review the finance issue from the followed three views such as humanistic and historical and current state of affairs, he need to form his own cultural view firstly then he has the ability to form Cultural-Finance Subject which is a systemic academic theory. Therefore, the first part of this paper begins with the probe into human being. In this part, the author reveals the genius nature of human being as an ethic object in the way of oppugning the curtness and fictiveness of the Homo Economics. This conclusion is as the same as the advanced idea of the modern economic, it means that the individual who take part in the market is not a man of biological meaning but cultural meaning. From this foundation, the author discloses the function of culture in forming the nature of finance with the method that is used in the study of Comparative Society and Culture. The author deeply and carefully describes the fact order and value order of finance not only in china but also in Europe, not only at the present but also in the history. The paper put forward the four basic element of culture which supports the financial value order just like the salt in water; they are justice, trust, abstention and responsibility. Thinking about the conjunction of financial history and praxis, the paper select meaningful cases to point out that without the culture element finance must be felled in morbidity; such finance is called Bad-Finance by the academe in America and in Europe. The lessons from history should be paid more attention.The Greenspan Era in this time is so similar to the John Law's System in 1720 France that Adam Smith, Karl Marx and John Maynard Keynes had specialized it. Now some scholars of America restatement the John Law's System in order to contrast with the things in the Greenspan Era, After studying the John Law's System and other financial cases in history carefully and deeply, The author point out that the lack of justice which is the pivotal cultural element in finance is not only the source of Bad Finance but also the reason of the current global finance crisis. That is the second part of the paper.With the conclusion which is drawn from philosophical and historical analyzing, the author shifts to the cultural criticize to the big accident and the huge system change in 20th century finance history. They bring forward us new issues in their own ways in the era of globalization, naturally the paper elucidates these issues in ethic culture. This is the third part.Via hereinbefore three dimensions focused analysis, which is human nature analysis, historical analysis and the state of affairs analysis at the present age, the author advances the tentative plan of reform the culture of finance, whose core is to reconstructing the finance ethic that is the simple and unadorned and vigorous.The research method of the paper is not only different from fashionable demonstration analysis but also other than criterion analysis that set out from ready-made conception, it is close to the method of Karl Marx,in order to avoid the disturb of overgrowth and miscellaneous things in praxis, with abstract ideation to analyze after revering t the complicated real modality to initial simple form which is the jumping-off point of logistic as well as historical one,then set out from the simple form,step by step from to the real modality, and make a conclusion on reality.The paper especially criticizes the methodology of the contemporary era analytical philosophy of the west. This kind methodology make against to the financial research in the past, the methodology localize the investigation of finance in demonstration judgments and kick out criterion analysis. But without value judgments, demonstration judgments will walk to the road that only emphasizes simple skill. So the skill of credit risk analysis which directly serve to industry and commerce capital circle and the speculate skill of currency self- propagating be arranged in the same line without value sequence. in the practice, jillion cash-flow leak out industry chains and join the enthusiastically speculation in fictitious finance, but to this bad complexion there is no systemic value theory can give it a powerful pumpVia hard probing into finance culture, the paper finds the Principium of Culture in Finance which is a useful new view to analyze the Finance in the Post Financial Crisis Era, and the considering on reconstructing the finance ethic that is the simple and unadorned and vigorous will help people to explore the trend of finance in the Post Crisis Era.