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Justice and competitiveness: in search of the conceptual relationship

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  • Mazin, A.

  • Kovalenko, A.

Abstract

The article deals with the categories of justice and competitiveness, as multidimensional theoretical concepts, the essence of which is reveales through the ideological and pragmatic context of its substantive content.The authors propose an original interpretation of the essence and content of both categories, which allows conceptually and systematically linked categories of justice and competitiveness with each other.Competitiveness is understood by the authors as the relative quality of the subjects of economic processes, describing their relatively greater than the competition’s ability to carry out competitive actions; quality indicates the ability to withstand competitive pressure, i. e. a long-term profitable presences of subjects on the relevant competitive market.Justice is interpreted by the authors as a special immanent characteristic of functioning public institutions of economic relations, which reflects the adequacy of observed competitive interactions of subjects (and their results) to conventional logic of natural and logical functioning of the institutions of economic competition, and thereby provides public recognition of aggregate economic results of competition, do not cause its subjects doubt about the effectiveness of competitive functioning of economic system.The authors postulate that total public perceptions of justice of competitive interactions results, i. e., regularity, legitimacy and the «correctness» of the final allocation of scarce economic resources between competitors (including the occupancy of value added), forms the objective prerequisites for measuring the competitiveness of economic subjects.The authors reveal conceptual relationship between competitiveness and justice, systemically manifested on different (macro, meso and micro) levels of the national economy.Depending on the choice of the basic concept, it is possible to make out the justice of competition and competitiveness, and to describe the justice of institutions as a factor of competitiveness of subjects at different levels of the economic system.

Suggested Citation

  • Mazin, A. & Kovalenko, A., 2015. "Justice and competitiveness: in search of the conceptual relationship," Journal of Modern Competition, Synergy University, vol. 9(1), pages 66-86.
  • Handle: RePEc:snr:mdrcmp:v:9:y:2015:i:1:p:66-86
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    File URL: https://www.moderncompetition.ru/jour/article/view/647
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