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Economic Analysis: Theory and Practice

Sovereignization of the Russian economy

Vol. 20, Iss. 9, SEPTEMBER 2021

Received: 14 July 2021

Received in revised form: 24 July 2021

Accepted: 6 August 2021

Available online: 30 September 2021


JEL Classification: E23

Pages: 1623–1652


Valerii K. ZAKHAROV Lomonosov Moscow State University, Moscow, Russian Federation


Subject. The article addresses the strengthening of economic sovereignty as a pressing challenge of modern Russia.
Objectives. The aim is to consider the possibility of strengthening Russia's economic sovereignty by reconstructing the two-system harmony of its economy, which was completely destroyed in the 20th century.
Methods. I developed a conception about the order of human existence that enabled to lay a foundation for nomology, an explanatory-prognosticative science about the ordering of human being (intermediate between social philosophy and some social and humane sciences). According to the conception, which rests on works by K.R.E. Hartmann on social philosophy and by C.G. Jung on social psychology, the present and future of human being is organized (reproduced and renewed) by the reflection of all past being in the social historical memory, both conscious and subconscious. This conception allows to find some historically adjusted balance between subjective wishes and objective opportunities, when defensing Russia’s national interests.
Results. The paper considers deep psychosocial foundations of economic activity, proves that the society tends to harmony of egoism and altruism, shows that the sociopsychic two-code synthetical character of any activity of the society, as applied to the economic activity of an organized and managed society, generates a natural synthetization of planned and free market economic activity.
Conclusions. Economic sovereignty can be strengthened by recreating the two-system harmony of Russia’s economy. I substantiate the main economic and management measures to be taken to recreate the planned economic system in addition to the free market economic system.

Keywords: economic sovereignty, egoistic code, altruistic code, free market economy, command economy


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Vol. 20, Iss. 9
September 2021