The neoliberal model of the world economy as an inter-civilization threat to internationalization of economic life
Journal Title: Visnyk Ternopilskoho natsionalnoho ekonomichnoho universytetu - Year 2016, Vol 3, Issue
Abstract
The article analyzes trends in internationalization of economic life in the face of the global competition, and proves that the current stage of the world development is characterized by a dynamic strengthening of political, economic and cultural integration in the world. The author measures a degree of globalization at the regional level and determines a high rate of social and global polarization in certain parts of the world. The paper describes national models of civilization expansion as an absolute precondition for extending the scope of public self-regulatory systems from the national level to the supranational one. The economic growth of civilization at the global scale is assessed. It is proved that social stratification of humankind is not determined by only technology awareness and well-being, but also by civilization values, or rather by cultural compatibility. The article differentiates phases of economic development of civilization, and postulates that a gap between participants of civilizational competition is greater than that of inter-ethnic conflicts, because they pursue goals using different approaches and, therefore, cannot understand each other’s values, aims and methods. Systemic challenges for the neoliberal model of the world economy are identified. It is revealed that the predominance of liberalism in recent decades has led to a situation where the economy does not fit into the system of social relations, but lternatively, social relations fit into the economic system. The study concludes that the idea of neoliberalism is gradually becoming less relevant, and the neoliberal model of the world economy acts as an inter-civilization threat to internationalization of economic life. The author elaborates the idea that it is necessary to develop a completely new complex worldview, or a doctrine of new social order based on liberal ideas that will be alter-global in nature and serve as a basis for the future post-crisis world. It is summarized that economic development strategies should be alter-global and take into account more intense synchronization of economic cycles and crises that have no artificial borders, as well as the gradual establishment of post-industrial economic mode of production with a particular set and structure of polities.
Authors and Affiliations
Roman Zvarych
Keywords
Related Articles
- EP ID EP182092
- DOI -
- Views 103
- Downloads 0
Investment rankings and their impact on the country’s investment image
The paper claims that direct foreign investments play an essential role in every country’s economy, since they ensure its efficient functioning and further growth. Since investment rankings are used as a primary indicato...
Goodwill in the accounting system: components and classification
Goodwill as the specific intangible asset of the company is considered. The necessity of indication of goodwill in the accounting system is grounded. The role of individual elements of goodwill in the structure of assets...
Ensuring financial self-sufficiency of territorial communities: the experience of EU countries for Ukraine
The article, based on the experience gained from the Republic of Poland and the Republic of Bulgaria, revealed the achievements and problems of fiscal decentralization in the context of the reform of public administratio...
Current global environmental risks
The article deals with global issues that hindered the development in 2016. The main of em are large-scale forced migration and poor ecology. Possible directions for sustainable development of “green economy” are propose...
The development of the energy service market: world practice and Ukraine’s realities
The article analyzes the world practice of the energy service market performance and energy service companies, which act as its major operators, for the purpose of adapting best practice to Ukraine’s realities and applyi...