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The article analyzes "Conception of Long-term Socio-economic Development of Russian Federation" designed by RSPP (Russian Union of Industrialists and Entrepreneurs). The time period up to 2020 is considered to be medium-term. The author argues that if one takes into account the perspectives of Russian socio-economic development, then the main points of departure for the "Conception…" are to be determined in the light of long-term (50 years or more) vision of cultural, demographic and ecological challenges. The author proposes measures to overcome mutual distrust in the hierarchy of power which is traditional for Russian management culture by suggesting that the potential of judicial and economic principles of the new "mother’s capital" institution be developed.
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