The dominants of social capital development in modern condition

Abstract

Under the conditions of the Ukrainian people’s social consciousness and system of values transformation the social capital formation, accumulation and use takes on significant importance. The purpose of the article is to develop dominance of social capital in modern conditions based on the analysis of value orientations in society and educational and professional development of employees. On the grounds of domestic and foreign scientists’ articles and opinion polls the interrelation between the level of education and the level of trust in society has been deduced by the author. The author focuses on the social capital deformation resulting in the destruction of education importance as well as in the demotivation of professional and intellectual development. Alongside, the author states that the problems of social institutions development such as corruption, violation of property rights, low confidence and lack of business integrity result in the destruction of social capital and discouragement of professional development. In consideration of the national peculiarities, dominants of social capital development in modern conditions are: formation of cultural and educated nation; aspiration to increase the educational and professional level; strengthening of trust in public institutions and business structures; provide feedback between communities and authorities; facilitate the exchange of knowledge and information; overcome the corruption and bureaucratization.