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Regular version of the site

Book chapter

Причины модернизации финансового права

С. 113-121.
Нефёдов Д. В.
The present article is devoted to the analyze of the causes of the modernization of financial legislation and sets the goals of modern financial law. The
author proceeds primarily from the fact that the basis of any change
in the law is the transformation of the economy. These reasons include
the construction of a capitalistic, market economy in our country, which the main difference is the progressive development of the
principles of individualism. The most important value of capitalism is
not the state but the citizen, the person, the entrepreneur, the
owner, whose interests should prevail over the public interest. That
is why the law, financial law, the legislator should make a
choice in favor of private rather than public funds. Finances
themselves should be withdrawn from the traditional public sphere to private sector regulated by civil means.