The Global Uncertainty as a Sign of the Transformation of Socio-Economic System

It has been determined that the transformation of socio-economic system is related with an increase in uncertainty, as the usual functional linkages are no longer operational as a result of the emergence of new institutions and interdependencies, leading to complication or replacement of an institut...

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Main Authors: Shkodinа Iryna V., Karpova Iryna V.
Format: Article
Language:English
Published: Research Centre of Industrial Problems of Development of NAS of Ukraine 2017-08-01
Series:Bìznes Inform
Subjects:
Online Access:http://www.business-inform.net/export_pdf/business-inform-2017-6_0-pages-8_12.pdf
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author Shkodinа Iryna V.
Karpova Iryna V.
author_facet Shkodinа Iryna V.
Karpova Iryna V.
author_sort Shkodinа Iryna V.
collection DOAJ
description It has been determined that the transformation of socio-economic system is related with an increase in uncertainty, as the usual functional linkages are no longer operational as a result of the emergence of new institutions and interdependencies, leading to complication or replacement of an institutional structure. The article allocates and considers the main phenomena that are fundamentally changing the systemic properties of the contemporary socio-economic system (information technology, networked economy, decentralization of power, virtual economy, sharing economy, non-market production, system of universal basic income, etc.), and thus result is transformation of the market economy (capitalism) as a model of public organization. A new macro-economy, based on other laws than classical, is emerging. It is therefore necessary to make more active use of economic science, because there is a need to study the profound socio-economic foundations of the transformation of economic systems, for regardless of the extent of transformation (further complication of market-economy institutions or a radical change in the social-economic system), the global peace will not return to the «past» institutional models.
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spelling doaj.art-8b3d9da6ffef4439a7f445088fc2d48b2022-12-22T03:51:44ZengResearch Centre of Industrial Problems of Development of NAS of UkraineBìznes Inform2222-44592311-116X2017-08-016473812The Global Uncertainty as a Sign of the Transformation of Socio-Economic SystemShkodinа Iryna V.0Karpova Iryna V. 1Kharkiv Educational and Scientific Institute of SHEI «Banking University»Kharkiv Educational and Scientific Institute of SHEI «Banking University»It has been determined that the transformation of socio-economic system is related with an increase in uncertainty, as the usual functional linkages are no longer operational as a result of the emergence of new institutions and interdependencies, leading to complication or replacement of an institutional structure. The article allocates and considers the main phenomena that are fundamentally changing the systemic properties of the contemporary socio-economic system (information technology, networked economy, decentralization of power, virtual economy, sharing economy, non-market production, system of universal basic income, etc.), and thus result is transformation of the market economy (capitalism) as a model of public organization. A new macro-economy, based on other laws than classical, is emerging. It is therefore necessary to make more active use of economic science, because there is a need to study the profound socio-economic foundations of the transformation of economic systems, for regardless of the extent of transformation (further complication of market-economy institutions or a radical change in the social-economic system), the global peace will not return to the «past» institutional models.http://www.business-inform.net/export_pdf/business-inform-2017-6_0-pages-8_12.pdftransformation of socio-economic systemnetworked economyvirtual economysharing economynon-market productionsystem of universal basic income
spellingShingle Shkodinа Iryna V.
Karpova Iryna V.
The Global Uncertainty as a Sign of the Transformation of Socio-Economic System
Bìznes Inform
transformation of socio-economic system
networked economy
virtual economy
sharing economy
non-market production
system of universal basic income
title The Global Uncertainty as a Sign of the Transformation of Socio-Economic System
title_full The Global Uncertainty as a Sign of the Transformation of Socio-Economic System
title_fullStr The Global Uncertainty as a Sign of the Transformation of Socio-Economic System
title_full_unstemmed The Global Uncertainty as a Sign of the Transformation of Socio-Economic System
title_short The Global Uncertainty as a Sign of the Transformation of Socio-Economic System
title_sort global uncertainty as a sign of the transformation of socio economic system
topic transformation of socio-economic system
networked economy
virtual economy
sharing economy
non-market production
system of universal basic income
url http://www.business-inform.net/export_pdf/business-inform-2017-6_0-pages-8_12.pdf
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