Determinants and factors of labour capital modification in the context of economic socialisation

Abstract

The formation and labour capital modification in the context of the economic socialisation determined by the search for new qualitative characteristics and factors, the most favorable conditions for the accumulation and fuller human potential use. The solution to this problem must be taken out of the labour capital framework and solved in the economic relations system, in which the signs of its socialisation should be adequately developed, aimed at improving the employee position in the professional relations system. The economic socialisation is expressed in an increase in the employee role not only as an object, but also as the labour process subject, in changing its quantitative and qualitative characteristics and role functions within the framework of a socially responsible orientation. This study defines the determinants and modification factors of labour capital: improving the labour capital structure, developing production social factors, improving working conditions and discipline, labour activity and creative initiative. The main parameters, characteristics and sources of labour capital development have been identified: educational and professional level, health and professional longevity, sanitary and hygienic conditions and a healthy working environment, labour and creative activity, social responsibility and participation in management.

Keywords

• social development
• economic socialisation
• socially oriented economy
• property socialisation
• labour humanisation
• working life quality
• labour capital
• labour capital modification
• determinants and modification factors