The Possible Paths of a New Globalization

International Journal of Development and Sustainability, 7(9), 2310–2333, 2018

24 Pages Posted: 1 May 2019

See all articles by Charis Vlados

Charis Vlados

Democritus University of Thrace, Department of Economics

Nikolaos Deniozos

University of Greece - Department of Turkish Studies and Modern Asian Studies National and Kapodistrian

Dimos Chatzinikolaou

Democritus University of Thrace, Department of Economics

Date Written: 2018

Abstract

This paper is focused on the structural and evolutionary examination of the current global crisis and restructuring by supporting in terms of methodology that, first, in every interpretation of the global crisis we ought to analyze and perceive the historical and evolutionary character the dynamics of the global socioeconomic space have while, second, all the dynamic dimensions of the modern world-economic, technological, social and geopolitical-should be examined together, in their narrow dialectic co-adaptation and co-evolution. The multi-faceted crises of every socioeconomic system are both the products and the producers of globalization crisis over a co-determinatory and co-evolutionary course, unfolding inside a contemporary capitalism which intensifies unceasingly the dialectic reproduction of the global interdependence. This crisis of this capitalism is sustained, nourished and reproduced by the absence of a "new wave" of effective innovations, throughout all the levels of socioeconomic activity. The overcoming of the crisis therefore requires prior installation and assimilation of new, effective change management mechanisms at all levels of contemporary reality. Based on the available data it is estimated that the challenge of building a new global developmental trajectory engages with all the levels of analysis and intervention: the individual and the collective, the material and the symbolic, the national and the local, the social and the economic, the microeconomic and the macroeconomic, the cultural and the political. The only sustainable way out of the global crisis goes through the effort to adapt progressively to a new evolutionary thinking of perceiving the global crisis dynamics, which represent the internal forces of innovation and effective change management within every socioeconomic system and on a planetary scale and across every level of action.

Keywords: Global Crisis Dynamic, Socioeconomic Evolution, New Global Developmental Dynamic, Innovation, Change Management

Suggested Citation

Vlados, Charis and Deniozos, Nikolaos and Chatzinikolaou, Dimos, The Possible Paths of a New Globalization (2018). International Journal of Development and Sustainability, 7(9), 2310–2333, 2018, Available at SSRN: https://ssrn.com/abstract=3362599

Charis Vlados (Contact Author)

Democritus University of Thrace, Department of Economics ( email )

Komotini
Greece

Nikolaos Deniozos

University of Greece - Department of Turkish Studies and Modern Asian Studies National and Kapodistrian ( email )

Greece

Dimos Chatzinikolaou

Democritus University of Thrace, Department of Economics ( email )

Komotini
Greece

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