: Report as inadecuate

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The article discusses the concept of social responsibility of state and business in terms of effectiveness of social production system. In this perspective the traditional approaches to determining the effectiveness of the economic system were critically reviewed. Not only new approach to assessing the effectiveness being proposed in this paper, but also the link between effectiveness of public production system and social responsibility of core subjects is substantiated. Conventional approach for the content of definition of -social responsibility- as the sphere of philosophy, ethics and morality has been criticized. The institutional system of society should provide social control that implies a mandatory appraisal of social responsibility of state and business with the system of measurable indicators. Social capital is regarded as the capital of social responsibility of subjects of relations, which provides an existing level of trust and solidarity. Institutional capital is understood as the technology of public labour division and integration efforts of participants of public production, that ensures the effective utilization of labor resources and their reproduction. Thus, the institutional capital provides a certain level of functional efficiency of distributed decision-making system on the basis of clear criteria for core subject-s behavior. Science is the only factor of institutional capital-s growth.

Item Type: MPRA Paper -

Original Title: : -

English Title: Social Responsibility and Economic Efficiency: aspects of estimation-

Language: Russian-

Keywords: social responsibility, effectiveness, social production system, social capital, institutional capital-

Subjects: B - History of Economic Thought, Methodology, and Heterodox Approaches > B4 - Economic MethodologyJ - Labor and Demographic Economics > J0 - General > J01 - Labor Economics: GeneralO - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O15 - Human Resources ; Human Development ; Income Distribution ; MigrationO - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O43 - Institutions and GrowthZ - Other Special Topics > Z1 - Cultural Economics ; Economic Sociology ; Economic Anthropology > Z13 - Economic Sociology ; Economic Anthropology ; Social and Economic Stratification-

Author: Filippova, Irina

Source: https://mpra.ub.uni-muenchen.de/66874/

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