Interrelation between Values and Economic Attitudes among Different Generations of Russian People
The article presents the results of study of interrelation between values and economic attitudes among different generations of Russian people (n = 110 people). Russian representatives of the older generation (37 to 63 years) and youth (18-25 years participated in the study. The aim of the research is to reveal interrelation between human values and economic attitudes among different generations of Russians. Cultural values are not permanent, due to the change of social institutions, leaders and laws. Through the change of value system changes occur in culture, in social institutions. Todays generation of young people is an indicator of social and economic transformation of recent years. According to the results of the research, the adult generation more satisfied with their financial situation, at the same time, the youth is confident that their material welfare mainly depends on their own efforts. Economic paternalism is most evident among the young generation, for the majority of respondents indicate that their welfare depends on the economic situation in the country, although they are relatively less than the older generation are interested in the economic situation in the city, in the country in general. At the same time, money is more important for the young generation and they are more willing to take economic risk for the sake of raising revenue, but the possibility of increasing personal financial income is not as big as among the members of adult generation. It has been revealed that among the adult generation value «Power Distance» is positively correlated with economic self-determination, desire to have money. As for young generation, value «Power Distance» is not conducive to them for improvement of welfare and «Uncertainty Avoidance» maintains economic independence, but doesnt promote the possibilities to increase personal material income; value «Masculinity» is not instrumental for economic self-determination. Also during the research it has been found that economic paternalism is economic paternalism is more evident among the young generation and they are more willing to take economic risk for the sake of raising revenue, but the real possibility to raise income is not so big as among older generation members.