A STATE-MARKET MECHANISM FOR MODERNIZING THE SOCIAL SPHERE IN THE MODERN DOMESTIC ECONOMY

Author(s): Salikhova I.S., Salikhov B.V., Zhukov A.О.

Rubric: Economy

DOI: 10.21777/2587-554X-2026-3-7-20

Release: 2026-3 (58)

Pages: 7-20

Keywords: state-market mechanism, social modernization, mobilization economy, public-private partnership, middle class, public optimism, political economy elite, protection of property rights

Annotation: The article defines the essence and characterizes the content of the state-market mechanism for the progressive dynamics of the social sphere in the modern economy. The contradictory relationship between the state and market aspects of this mechanism is demonstrated, and a general model for its development is proposed. Central to this model is the simultaneous establishment of both a welfare state – as the foundation for highly effective state-led modernization of the social sphere – and individual rights and freedoms – as the foundation for highly effective market-led modernization of social relations. The need to develop innovative forms of public-private partnership is substantiated as an integration of the corresponding mechanisms (state and market) for accelerated and highly effective modernization of the social sphere in modern conditions. The target functionality of highly effective social modernization is characterized in the form of sustainable and expanded reproduction of the creative and constructive form of the middle class as the social basis for socio-cultural, economic, and technological mobiliza- tion. This article presents a retrospective analysis of the effectiveness of state social policy in the contemporary domestic economy. Based on the results of a systemic and extensive statistical analysis, the study characterizes the failures of both the state and the market in addressing social development issues in our country. The article substantiates the conclusion that the current social order of limited access to resources in the Russian economy is weakly conducive to the effective resolution of socioeconomic problems, which reflects the low level of economic mobilization readiness. The imperatives of modernizing the social sphere in the contemporary Russian economy are verified, including the critical importance of a new elite and the formation of productive classes in society.

Bibliography: Salikhova I.S., Salikhov B.V., Zhukov A.О. A STATE-MARKET MECHANISM FOR MODERNIZING THE SOCIAL SPHERE IN THE MODERN DOMESTIC ECONOMY // Economics and Management. – 2026. – № 3 (58). – С. 7-20. doi: 10.21777/2587-554X-2026-3-7-20