Free market mechanism as a tool of economic authority in overcoming society and state institutions

Abstract

The paper critically analyzes the negative consequences of free market orientation, as a key mechanism for organizing and regulating the economy, as a tool which by itself can meet the full range of social needs, including the development of scientific and technological progress, economic modernization, social justice, effective use of natural resource potential, preservation of natural environment, reproduction of labor force and ensuring the solution of other acute socio-economic problems. The mechanism of disorientation of economic interaction participants through imposing on society the ideas of economy liberalization is revealed, This mechanism keeps out of sight the technology of carrying out economic wars by the most powerful subjects of economic competitions for the purpose of conquest of the markets, actives or other resources contributing to the growth of social contrasts in society, as well as the concentration of money and power in the growing circle of participants in economic competition. It is determined that the goals and strategies of economic competitors are in conflict with the interests of society, because the means of realization of their aspirations are subjected to the law of energy conservation, but not to public morality or even existing laws, if there are no effective coercive mechanisms. The crucial role played by state institutions in the process of organizing economic entities in order to achieve socially significant goals and implement important strategies for society are investigated. The importance of the subjectivity of the state in the process of functioning and development of the economy is substantiated. The analysis of achieving positive results in the economy due to purposeful and systematic work of state institutions in the countries that have succeeded in ensuring stable development, reducing social contrasts, revolutionary transformations in their own economic complex, relying on effective organization of innovation in their countries is carried out.