ABSTRACT

This chapter explains and justifies the interdisciplinary approach for studying, examining and developing financial theory and practice. The interdisciplinary approach and interrelated concept of critical theory provides a complex, dynamic, rich, critical and exceptional philosophical basis for studying and understanding finance. Critical theory provides an understanding of the underlying importance of banking and finance to the socio-economic development of humankind. In the case of China, although the country has a holistic philosophical tradition, it has been demonstrating the development of The work of the critical theorists provided an alternative to, or a replacement of, traditional Marxist political economy by introducing wider, more general considerations of social philosophy, culture and social psychology.