ON WHAT DEPENDS THE LEGITIMACY OF SOCIAL INSTITUTIONS IN MODERN RUSSIA

The article considers the questions of legitimacy of social institutions, which are analyzed not only by means of methodology of the traditional institutional economic theory, but also on the basis of the principles of social equity. It is necessary to reformulate the doctrine of social equity, which could be the basis for institutional policy and state regulation. The purpose of the article consists in definition of the typology of four alternative regimes of legitimacy of institutions, based on a combination of legality and standards of social equity. The stated goal is achieved by justification of the concept of legitimacy, which expands the range of classical research approaches and allows overcoming one-sidedness of views of economists, sociologists and jurists on this issue. It is proved that insufficient state funding of expenses on productive employment, education, health care and social security, growth of rent incomes of certain players of the market lead to emergence of excessive inequality and poverty. The values of Gini coefficient, decile R/P 10% wage ratio and Keitz coefficient prove that. On the basis of the conducted studies, the authors drew a conclusion on a specific Russian type of illegitimacy, when legal institutions do not get support of the majority due to deviations from requirements of social equity. It is accompanied by dysfunctions of institutions and effects of setting institutional traps because of preservation of inefficient standards due to access to the state resources of self-support. (c) 2019 Published by Future Academy www.FutureAcademy.org.UK