Abstract

In the article, the author proposed a scientifically based view on the establishment of a relationship between the study of social inequality and the problems studied and solved by financial science, identified the points of intersection of spheres and outlined the directions of practical application of financial science in order to reduce the impact of the negative consequences of social inequality. Transformations in the socio-economic plane, changes in paradigms and priorities of state policies regarding the formation of leading positions, namely the concepts of personal and social development, knowledge economy, human capital, population welfare and the importance of inclusive processes in the market economy, determine the importance of monitoring the changes taking place in the approaches to the examination and study of social inequality, as one of the broadest manifestations of the stratified division of society. It is emphasized that the analysis of economic relations in the formation of the phenomenon of social inequality in general, without detailing the directions of economic implementation, does not fully reveal the specifics of financial science and financial relations formed in society. Attention is focused on the fact that in the conditions of a market economy, the formation of income occurs through the creation and distribution of GDP, which can be researched and analyzed precisely through the prism of financial science. It is substantiated that the study and analysis of social inequality, in terms of economic dominants, enables the consideration of financial relations that are formed and implemented in the studied society. Significant differences in the possibilities of access to certain benefits and social inequality signal the low efficiency of the functioning of the mechanisms for ensuring social development and social security of the population, which directly depends on the financial situation and system formed in the state and society, on the methods of financial interaction between participants, that is, it is included in the scope of financial science research.

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