Crisis оf distribution in the modern world: trends and consequences

Abstract

Main causes of crisis of distribution in the modern world are considered in the article. While the COVID- 19 pandemic is spreading, the problem of distribution and related crises have become main issues that attract attention of both governments and the world community. Rising unemployment, gender disparities, income inequality and wealth are some of the side effects of the coronavirus pandemic. The crisis has exacerbated inequality on the all main dividing lines of society and pushed back achievements in reducing poverty all around the world. The pandemic and its aftermath have reminded us of the need to move to a society, which would be fairer and more sustainable one. The distribution crisis can lead to the collapse of many social subsystems. The systems, structures and organizations, which are able to change in a permanent way and effectively overcome conflicts, become the most successful. Distribution policy does not necessarily mean welfare programs for low-income groups or a broad distribution of public goods and finances. Redistributing manager’s power is also subject to redistribution policy. The idea of welfare state, its development and further all-encompassing crisis draw attention to the most important moments of human existence, such as distribution of goods and the right to access to resources both within a state and in the world as a whole. The states with a high welfare level enjoy widely available educational programs, largely funded by taxes. Thus, in order to ensure equal opportunities and achieve equal results, a coordination of professional training and an existing labor market is needed. A clear legal system is needed to address distribution challenges and distribution risks, especially in economic legislation and, first of all, in tax, financial and antitrust regulations, which solve distribution problems in practice. Thus, distribution crises must be effectively controlled and resolved by strengthening economic regulation.