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Economic Responsibility as a Power of Economic Relations

Economic Responsibility as a Power of Economic Relations

Journal of Economic Regulation, , Vol. 10 (no. 2),

The article discusses the problems and ways to improve economic relations in modern Russia. The author’s argument is based on the precondition of the role of economic responsibility of business entities on all levels of management decision making as the core of effective economic relations. A new interpretation of the concept of “labor”, “capital”, and “power” in the conditions of deformation of economic relations, that is, in the context of economic activity that creates anti-good and / or useless benefits, is proposed. An empirical analysis of capital as property and the revision of the concepts of the economic security concepts of the country's macroeconomic system has been carried out. The authors develop the existing points of view, according to which the “smart economy” adversely affects workers in the context of the use of digital technologies, and identify the economic context of new economic relations within the framework of the need to analyze the basic concepts and practices of the emergence of economic responsibility. The article substantiates the need for structuring levels of economic responsibility. The hypothesis that economic responsibility is the core of normal economic relations is argued.

Keywords: economic responsibility, economic relations, digital technologies, economic security, conceptual and categorical apparatus of economic science

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