V. Branovitskiy, postgraduate student Kyiv National Economics University named after Vadim Hetman, Kyiv, Ukraine LEGITIMIZATION OF OWNERSHIP IN THE CONDITIONS OF TRANSITION ECONOMY

This article studies the problem of structural deformations of property in post-privatization period, via the lack of public awareness ofthe property legitimacy that constantly produces utopian political slogans and public dissatisfaction with the current redistribution of property. Two completely opposite instruments of legitimization of property by means of nationalization and constitutional reform are examined. Conclusions are focused on the implementation of economic constitutionalism policy as a way of legitimizing the owner in Ukraine and building democratic and legal state. Emphasis is put on the confidence improvement of authority agents and counteract of the crisis of neoliberal capitalism, when rich people grow rich thanks to the poor segment of population as an essential mechanisms for public perception of property legalization and providing them with status quo. Legitimization of owner is objectively necessary condition for society reconstruction on the way of entrenchment of fundamental dominants of markets and civil society.

Keywords: legitimacy, property legalization of property, economic constitutionalism.

DOI: http://dx.doi.org/10.17721/1728-2667.2015/167-2/16

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