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Pancasila economics (Indonesian: Ekonomi Pancasila), also known as "Indonesian populist economics" (Indonesian: Ekonomi kerakyatan Indonesia), is an economic system which aims to reflect the five principles of Pancasila. [1] The term "Pancasila economy" first appeared in an article by Emil Salim in 1967. [2]
The ideal of Pancasila has not effectively translated into a functioning liberal democracy in Indonesia. Instead, Pancasila has become a symbol of Indonesian exceptionalism, embodying the nation's values and identity. Pancasila is open to abuse, which in this case was the invitation to criminalise all kinds of ideologies but Pancasila itself.
An economic ideology is a set of views forming the basis of an ideology on how the economy should run. It differentiates itself from economic theory in being normative rather than just explanatory in its approach, whereas the aim of economic theories is to create accurate explanatory models to describe how an economy currently functions.
Idealism in philosophy, also known as philosophical idealism or metaphysical idealism, is the set of metaphysical perspectives asserting that, most fundamentally, reality is equivalent to mind, spirit, or consciousness; that reality is entirely a mental construct; or that ideas are the highest type of reality or have the greatest claim to being considered "real".
Indonesian philosophy is a generic designation for the tradition of abstract speculation held by the people who inhabit the region now known as Indonesia.Indonesian philosophy is expressed in the living languages found in Indonesia (approximately 587 languages) and its national language Indonesian, comprising many diverse schools of thought with influences from Eastern and Western origins, and ...
Charles Sanders Peirce is among the most prominent modern proponents of objective idealism.. Objective idealism is a philosophical theory that affirms the ideal and spiritual nature of the world and conceives of the idea of which the world is made as the objective and rational form in reality rather than as subjective content of the mind or mental representation.
Epistemological idealism suggests that everything we experience and know is of a mental nature—sense data in philosophical jargon. Although it is sometimes employed to argue in favor of metaphysical idealism, in principle epistemological idealism makes no claim about whether sense data are grounded in reality.
Subjective idealism is a fusion of phenomenalism or empiricism, which confers special status upon the immediately perceived, with idealism, which confers special status upon the mental.