Paradigm evolution and shift sadly needs sustainability gaps to go extreme for them to happen and when that happens, whether when in conflict or not, the paradigm collapses and shifts to a more sustainable form.
For example, when the socialist system was in conflict with the pure capitalist system, the socialist system under extreme economic sustainability gaps collapsed in 1991 and shifted towards red capitalism or socially friendly capitalism. When pure capitalist reached extreme environmental sustainability gap it shifted in 2012 towards green markets, green economy, and green growth.
And we can play around for a while as long as we have done since 2012 to save the previous paradigm, but in the end the shift must happened. For example instead of green markets today we have dwarf green markets such as carbon pricing or cap and trade; and we did not shift in 2012 towards dwarf green markets, but the shift sooner or later has to materialize..
Now that President Trump exited the climate change agreement he is shifting back the US economy towards even more extreme pure economy markets creating in the process a wider environmental sustainability gap, which should be seen as the last attempt to save pure capitalism
So now we have a conflict between dwarf green markets economies and a pure economy market economy,
And imagine that all US exports are suddenly subject to green import taxes.
Could this situation lead to the end of pure capitalism and to the shift to green markets once and for all?
I think yes, what do you think?
Green IT is in sight. But US pull out from Paris Accord shows there is no end to capitalism in sight.
Dear Wagas, thank you for your comment.
In 2012 when we shifted to green market thinking pure economic thinking was supposed to be dead as it does not work under green market thinking. Now we have dwarf green markets, not green markets in all countries signature of the climate change agreement so the 2012 shift has not taken place in practice only in theory so dwarf greening is here not green markets which is a fact.
Now Trump pulling out should be seen as the last attempt to save pure capitalism, however if we think outside the box under sustainability gap theory pure capitalism has an environmental sustainability gap worse that dwarf green markets and if in conflict and if there are no win-win situations the system with the deeper sustainability gap should be expected to collapse and merge towards the more sustainable one.
The cold war was a clash between an economic sustainability gap against a system without an economic sustainability gap and under no win-win conditions, the one with the sustainability gap failed, red socialism lost.
The Adam Smith model had an environmental sustainability gap and to close it and make it environmentally friend we shifted to green markets, a system without an environmental sustainability gap. The system with the sustainability gap collapses and shifts towards the one without sustainability gaps, the traditional market lost.
In a clash between green markets and the pure traditional markets even the extreme version of President Trump and no win-win situations in the very long-term, the system with the sustainability gap will collapse and shift to a more sustainable one.
A clash between dwarf green markets and the pure traditional market will lead to the collapse of the system with the deeper sustainability gap under no win-win conditions, but the clash will force a shift to green markets a more sustainable system than both of them in environmental terms due to external and internal pressures.
You can find some good food for thoughts in the articles bellow that help us to see a world beyond dwarf green markets and pure economy markets if we think outside the box.
Have a nice day
Paradigm Evolution and Sustainability Thinking: Using a Sustainability Inversegram to State Paradigm Death and Shift Expectations under Win-Win and No Win-Win Situations
https://www.researchgate.net/publication/298353977_Paradigm_Evolution_and_Sustainability_Thinking_Using_a_Sustainability_Inversegram_to_State_Paradigm_Death_and_Shift_Expectations_under_Win-Win_and_No_Win-Win_Situations
Adam Smith and Karl Marx Under the Sustainability Eye: Pointing Out and Comparing the Sustainability Gaps Behind these Two Great Simplification Failures
https://www.researchgate.net/publication/290607852_Adam_Smith_and_Karl_Marx_Under_the_Sustainability_Eye_Pointing_Out_and_Comparing_the_Sustainability_Gaps_Behind_these_Two_Great_Simplification_Failures
Karl Marx Vrs Sustainability Markets: Who would have won the cold war then? Would the World of Karl Marx Have Existed Then?
https://www.researchgate.net/publication/296849826_Karl_Marx_Vrs_Sustainability_Markets_Who_would_have_won_the_cold_war_then_Would_the_World_of_Karl_Marx_Have_Existed_Then
Adam Smith’s World Vrs Socially Friendly Capitalism: Who would have won the cold war then? What Type of World Would Have Come Out then?
https://www.researchgate.net/publication/296849803_Adam_Smith%27s_World_Vrs_Socially_Friendly_Capitalism_Who_would_have_won_the_cold_war_then_What_Type_of_World_Would_Have_Come_Out_then
Paradigm Dynamics and The Future of Capitalism: Who Will Win the Next Cold War?
https://www.researchgate.net/publication/293401652_Paradigm_Dynamics_and_The_Future_of_Capitalism_Who_Will_Win_the_Next_Cold_War
Adam Smith Vrs Karl Marx: Stating the Structure and Implications of the Paradigm Clash that Led to the Death of Karl Marx’s World, to the Fall of the Soviet Bloc, and to the Rise of Socially Friendly Capitalism.
https://www.researchgate.net/publication/292359802_Adam_Smith_Vrs_Karl_Marx_Stating_the_Structure_and_Implications_of_the_Paradigm_Clash_that_Led_to_the_Death_of_Karl_Marx%27s_World_to_the_Fall_of_the_Soviet_Bloc_and_to_the_Rise_of_Socially_Friendly_Cap
Responsibility and Economic development: Highlighting the Current Road of Capitalism Towards Sustainability Using the Increasing Responsibility Framework
https://www.researchgate.net/publication/310831307_Responsibility_and_Economic_development_Highlighting_the_Current_Road_of_Capitalism_Towards_Sustainability_Using_the_Increasing_Responsibility_Framework
Perfect Green Markets vrs Dwarf Green Markets: Did We Start Trying to Solve the Environmental Crisis in 2012 With the Wrong Green Foot? If Yes, How Can This Situation Be Corrected?
https://www.researchgate.net/publication/305067067_Perfect_Green_Markets_vrs_Dwarf_Green_Markets_Did_We_Start_Trying_to_Solve_the_Environmental_Crisis_in_2012_With_the_Wrong_Green_Foot_If_Yes_How_Can_This_Situation_Be_Corrected
Beyond Traditional Market Thinking: What is the Structure of the Perfect Green market?
https://www.researchgate.net/publication/302025169_Beyond_Traditional_Market_Thinking_What_is_the_Structure_of_the_Perfect_Green_market
Article Adam Smith and Karl Marx Under the Sustainability Eye: Point...
Article Adam Smith Vrs Karl Marx: Stating the Structure and Implicat...
Article Paradigm Dynamics and The Future of Capitalism: Who Will Win...
Article Adam Smith’s World Vrs Socially Friendly Capitalism: Who wou...
Article Karl Marx Vrs Sustainability Markets: Who would have won the...
Article Paradigm Evolution and Sustainability Thinking: Using a Sust...
Article Beyond Traditional Market Thinking: What is the Structure of...
Article Perfect Green Markets vrs Dwarf Green Markets: Did We Start ...
Article Responsibility and Economic development: Highlighting the Cu...
Capitalism exists and evolves in different societal forms (e.g. China), not as a pure model. My recommendation on this subject is the following work of N.Kondratieff:
https://www.sociostudies.org/almanac/articles/m-_i-_tugan-baranovsky/
There are certain (pure) economic and ethical parameters of a capitalist business order, which can be grouped around free private property and economic liberty.
Any next generation economic system will have to take these social facts into account; it is up to our free will and thought to create better human living conditions: green technology (eco-bio-health tech) is definitely the key to unlock this economic gate.
Stephen, when paradigms shift they keep their core values and take on the missing values to close the sustainability gap affecting them like the 2012 shift from pure capitalism to green capitalism.
When paradigms flip they trade their core values for the missing values to close the sustainability gap previously affecting them while at the same time opening an inverse opposite sustainability gap like the 1991 flip from red socialism to pure capitalism
You may find the following article interesting?
Chapter 2 Paradigm Evolution and Sustainability Thinking: Using a Sustainability Inversegram to State Paradigm Death and Shift Expectations Under Win-Win and No Win-Win Situations
Chapter Chapter 2 Paradigm Evolution and Sustainability Thinking: Us...
Your research article relates to new economic bargaining models, like the brilliant works of
Leonidas A. Papakonstantinidis
https://www.researchgate.net/project/Papakonstantinidis-LA-The-win-win-win-Papakonstantinidis-model-by-new-approach-of-political-game-updated-VOLUME-II-APPENDIX
https://www.researchgate.net/lab/PC-NEB-Papakonstantinidiss-Ternyik-Lab-Leonidas-A-Papakonstantinidis
The triangle of customer---business--society plays a decisive role, concerning the realization of value preferences and creation.
Stephen, when I see capitalism approaching sustainability and sustainability markets I see many paradigm shifts and flips consistent with paradigm evolution theory, you may find the following articles interesting published way before the one you just read
Towards True Sustainability Step By Step Is Fine While There Is Time: Pointing Out The Unifying Nature Of True Sustainability With The Help Of The True Sustainability Wheel
https://www.researchgate.net/publication/282317516_Towards_True_Sustainability_Step_By_Step_Is_Fine_While_There_Is_Time_Pointing_Out_The_Unifying_Nature_Of_True_Sustainability_With_The_Help_Of_The_True_Sustainability_Wheel
Evolving Development Paradigm Choices: Are We Moving Towards Sustainability through Development Waves?
https://www.researchgate.net/publication/303897495_Evolving_Development_Paradigm_Choices_Are_We_Moving_Towards_Sustainability_through_Development_Waves
Have a nice day!
Your studies, Lucio, share a great intersection with the view of L.Nefiodov:
https://www.sociostudies.org/almanac/articles/the_sixth_kondratieff/
1. Capitalism with respect to 30 to 35 percent of inequality in economy reinforce financial inertia via global markets is good
2. Socialism in present era may be achievement of SDG1, SDG2, SDG3, SDG4 & SDG5 is good
Dear Pankaj, if you think carefully in terms of paradigm shifts and flips, you may be able to see that the type of market price is connected to the type of or degree of development responsibility
a) With respect to pure capitalism
Of course pure capitalism flourishes under inequalities that comes from assuming social and environmental externality neutrality when doing business as leaving social costs and environmental costs out of the pricing mechanisms, real costs, leads to producing at the lowest market price possible...and to accumulated social and environmental deficits
If you cut corners you can claim a perfect ride, which I think is what Adam Smith did in 1776 when proposing the perfect market, a socially and environmentally distorted market, a situation we are now trying to correct
b) With respect to socialism
At the time of Karl Marx/1848 the environment did not matter so he only saw the social sustainability gap created by pure capitalism as development is maximized then the pressure in the social sustainability gap are maximized too....
Karl Marx wanted to correct this by making capitalism socially responsible; and given his deep knowledge of how capitalism works under the magic pill of price equals costs plus profits, that means social costs, economic costs, and profits, he probably knew that:
a) making capitalism socially friendly right away by adding the social cost of doing business to close the social sustainability gap associated with pure capitalism was not sustainable in the short term;
b) substituting capitalism right away for red socialism by closing the social sustainability gap and opening an economic sustainability gap was not sustainable in the very long term as you cannot leave under economic deficits for ever; and
c) and therefore his only option to get rid of the social sustainability gap in capitalism was a long term plan to achieve ECONOMY FRIENDLY SOCIALISM i) by first flipping capitalism to red socialism and produce at social cost; and ii) slowly close the economic sustainability gap by first internalizing the economic costs of social production and later internalizing profits to shift production to fully economy friendly socialism.
I do not think Marx knowing that much about capitalism and its working would recommend producing at social cost for ever as he would have known from his economic knowledge that it was not a sustainable approach in the very long term as shown by the fall of red socialism in 1991. Notice, after the fall of red socialism China and former soviet bloc countries traded their core value “social responsibility” for the core value of pure capitalism “economic responsibility” leaving Karl Marx’s dream behind.
So the goal should not be socialism, but economy friendly socialism or socially friendly capitalism....the millennium development goals are being implemented in markets that are inconsistent with those goals...
You may find the following articles interesting
Complex and Man-made Markets: Are We Currently Approaching Sustainability in a Backward and More Chaotic Way in Terms of Economic Thinking?
https://www.researchgate.net/publication/281277199_Complex_and_Man-made_Markets_Are_We_Currently_Approaching_Sustainability_in_a_Backward_and_More_Chaotic_Way_in_Terms_of_Economic_Thinking
The Theory and the Practice Behind the Market World that Followed the Fall of Red Socialism: What Are the Implications of Trading Social Responsibility for Economic Responsibility?
https://www.researchgate.net/publication/332547558_The_Theory_and_the_Practice_Behind_the_Market_World_that_Followed_the_Fall_of_Red_Socialism_What_Are_the_Implications_of_Trading_Social_Responsibility_for_Economic_Responsibility
Dear friends, some of you may find some good food for thoughts in the following article:
An Overview of the 1848 Karl Marx's Capitalism Fix Dilemmas: How a Step by Step Road Towards Economy Friendly Red Socialism May Have Looked Had Marx Stated it?
https://www.researchgate.net/publication/334479026_An_Overview_of_the_1848_Karl_Marx's_Capitalism_Fix_Dilemmas_How_a_Step_by_Step_Road_Towards_Economy_Friendly_Red_Socialism_May_Have_Looked_Had_Marx_Stated_it
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