NEOINSTITUTIONAL VIOLENCE AND SOCIAL ORDER IN TERMS OF UNPREDICTABLE CHALLENGES OF THE XXI CENTURY

Abstract

The article analyzes the situation neoinstitutional theory, in particular known monograph "Violence and social orders," co-written by three well-known Western economists Douglass North, John Wallis and Barry Weingast. The authors of this article the reader to critically analyze the principles and guidelines neoinstitutional theory in the context of scientific and theoretical schemes, and in comparison to the objective world trends. The conclusion arrived at by the authors, is disappointing: neo-institutional theory, so popular in some academic circles, hopelessly outdated, do not reflect today's realities, and its only value serve as a scientific legitimization of the ruling elites in the West.