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Becker’S Economic Theory In The Genesis Of The Institute Of Economic Power In Modern Ukraine

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  • Moiseenko, Elena

    (Kharkiv Humanities University «Рeople's Ukrainian Academy»)

Abstract

The article analyzes problems of power in general and economic power in particular, appeared on the background of extreme conditions of the development of social relations in modern Ukraine, caused by radical transformation of social and state institutions. The author tried to consider the distribution of power authorities between main influence groups under conditions of globalization from the point of view of G.S. Becker’s theory, who stated that “… the economic approach provides maximizing behavior in more expressed form and wider approach, than other ones…” According to the author, the use of the economic approach at analyzing the genesis of the power institute in modern Ukraine is universal, because it is based on main economic paradigms of human behavior – acceptable, wholesale, imputed, shade and so on prices; repeated and reiterated, important and insignificant decisions; emotionally loaded and neutral aims; behavior of nouveaux riches, ill, medics, businessmen and workers, professors and students, law-abiding citizens and criminals. The application area of the economic approach, understood in such a way, is so wide that it includes the subject of economic science. The importance of studying power problems grows, when the researcher addresses to the concrete society, in which on the background on general processes of globalization, build-up of tendencies of openness of national economies, typical for the whole European civilization, radical changes of social and state institutions take place, and as a result extreme conditions of social development and human existence appear. Ukraine found itself in such conditions in last years, so it causes a necessity to consider possibilities of the effective distribution of power between main economic agents under conditions of global economy from new positions. Problems of the Ukrainian state also actualize the analysis of the mechanism of economic power to the great extent, in particular, in concerns the economic decay, complete dependence of Ukraine on external markets and influences, collapse of the “two-vector” policy, declared by the Ukrainian authorities during the years of independence – this all gives grounds for rethinking the role of power in the open economic system, which part is the native economy.

Suggested Citation

  • Moiseenko, Elena, 2018. "Becker’S Economic Theory In The Genesis Of The Institute Of Economic Power In Modern Ukraine," EUREKA: Social and Humanities, Scientific Route OÜ, issue 5, pages 47-51.
  • Handle: RePEc:nos:social:y:2018:i:5:p:47-51
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    References listed on IDEAS

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    1. Pryor, Frederic L., 2005. "Market economic systems," Journal of Comparative Economics, Elsevier, vol. 33(1), pages 25-46, March.
    2. Gary S. Becker & Scott Duke Kominers & Kevin M. Murphy & Jörg L. Spenkuch, 2018. "A Theory of Intergenerational Mobility," Journal of Political Economy, University of Chicago Press, vol. 126(S1), pages 7-25.
    3. Pranab Bardhan, 1991. "On The Concept Of Power In Economics," Economics and Politics, Wiley Blackwell, vol. 3(3), pages 265-277, November.
    4. Giulio Palermo, 2000. "Economic Power and the Firm in New Institutional Economics: Two Conflicting Problems," Journal of Economic Issues, Taylor & Francis Journals, vol. 34(3), pages 573-601, September.
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