Vestnik Volgogradskogo Gosudarstvennogo Universiteta. Seriâ 3, Èkonomika,Èkologiâ (May 2018)

THE POLARIZATION OF THE CORPORATE CAPITAL IN THE CONDITIONS OF PROFOUND TECHNOLOGICAL CHANGES

  • Olga V. Brizhak ,
  • Marina E. Buyanova

DOI
https://doi.org/10.15688/jvolsu3.2018.1.3
Journal volume & issue
Vol. 20, no. 1
pp. 22 – 29

Abstract

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Technological changes in the modern economy are due to qualitative modifications in the material and technical basis of production with the help of computer technology and the Internet system, which is a global information resource and a reflected form of universal productive forces created and used collectively. Information technologies used in the process of enterprise management allow transforming the organizational structure of economic relations into a network form. The article reveals the essence of corporate capital polarization in the conditions of deep technological shifts. The attention is paid to the corporate and network forms of economic relations. The authors reveal the virtual component of increasing polarization of corporate capital and its fictitious form. The specificity of its virtual form acquires a new qualitative basis in network-type corporations, forming the conditions for accelerated fictitious transactions with the help of Internet technologies. As a result of the global generalization and informatization of capital, corporate and network forms are merging, forming a total market of corporate networks. The article shows that in the corporate sector of the Russian economy, such interaction is weakened, and the scale of the network form is insufficient, therefore, the movement of this contradiction is not on the path of synthesis, but on the path of polarization. The economic system of Russia demonstrates the stagnation of changes of the corporate capital and its integration in the economic system. The authors propose to use the following measures for ensuring an additional source of developing resources in the conditions of low investment attractiveness: the reproduction of fictitious capital, the restoration of public confidence in national financial markets, carrying out protectionist policies, import substitution and reindustrialization

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