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Abstract

Purpose: This study aims to explore the phenomenon of rising prices of upakara facilities ahead of religious holy days that always increase every year. This problem is explored in three perspectives of economic philosophy: (1) pancasila economy, (2) capitalist economy and (3) socialist economy. Finally, this research provides recommendations for solutions to existing problems.


Research methods: This study used a qualitative approach with a narrative review method and a literature study of mass media coverage.


Results and discussion: This study found that the ideal approach is the pancasila and socialist economy. The importance of the government's role as a key policy to suppress price increases, along with collaboration from producers to create people's cooperatives.


Implication: This research provides implications for stakeholders (government) to evaluate the people's market or cheap market policies that are still ineffective in suppressing the price of upakara facilities every holiday. The government can also pay attention to the lower middle class so that they can joyfully celebrate holy days as a noble heritage.

Keywords

upakara economy Pancasila capitalist socialist holiday

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How to Cite
Darmawan, I. M. D. H., & Sari, K. P. M. (2023). Contradiction of Upakara Price and Harmony: The Philosophy of Economic Perspective. Jurnal Bali Membangun Bali, 4(3), 186-195. Retrieved from https://ejournal.baliprov.go.id/index.php/jbmb/article/view/294

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