Classification of Constitutional Principles of the Modern Economic System

Abstract

Purpose. The presented paper is devoted to the classification of the constitutional principles of the modern economic system. The concept of the foundations of the constitutional system in the context of the study of the Economic Constitution is studied, the approaches of theorists of Constitutional law on this problem are compared. The classification of the constitutional principles of the modern economic system that consists of ten components is proposed. Design/Methodology/Approach. In the process of studying the formal-legal, comparative-legal and historical-legal methods were used. An important way of scholarly analysis of the foundations of the constitutional system is their classification, built on the basis of a systematic approach to the study of sources of Constitutional law. The classification refers to the established system of knowledge, the concept of which means the ordered groups, which are distributed objects of the subject area of Constitutional law on the basis of their similarity in certain properties. This system is designed to solve two main problems: first, to present all the objects of this subject area in a reliable form for observation and recognition; second, to contain as much essential information about them as possible. At the same time, the classification is not just a statement of already achieved knowledge, but performs an important methodological function: by systematizing a certain subject area, it sets the general direction of its further targeted research and can provoke the creation of new scientific directions. Findings. The constitutional principles of the modern economic system are the basic, fundamental principles of functioning of the economic system of the State in the conditions of market relations, subjects of economic activity, realization of social and economic rights and freedoms of man and citizen, interaction of the State and business. These constitutional principles are an important factor in stabilizing the socio-economic development of the State, strengthening its economic sovereignty, protecting the rights and legitimate interests of all subjects of economic activity. Practical Implications. The main results may be implemented into research practices in order to improve and increase the effectiveness of scientific innovation transformation of Constitutional law. They may be used in legislative and legal enforcement practice. Originality/Value. The main contribution of this study is the classification the of constitutional principles of modern economic system based on the analysis of the norms of the Constitution of the Russian Federation 1993 and the existing approaches in Russian and foreign state legal sciences.