Economics & Finance

Global Transformations of the 21st Century
The Future of Humans, Markets, and Capital

Editor: Sergey Bodrunov, PhD

Global Transformations of the 21st Century

Published. Available now.
Pub Date: January 2026
Hardback Price: see ordering info
Hard ISBN: 9781779644015
E-Book ISBN: 978-1-77964-402-2
Pages: Est. 194pp w index
Binding Type: Hardback / ebook

This new volume, Global Transformations of the 21st Century: The Future of Humans, Markets, and Capital, articulates the most striking and interesting points of view of scientists from different countries on current issues of socioeconomic development.

The volume discusses the basic ideas of the methodology of applying the noonomy approach not only to the analysis of the modern socioeconomic system but also to forecasting the prospects for its transformation and long-term development, drawing attention to the fact that it is knowledge, and not scientific and technological progress per se, that is the deep engine driving humanity, society, and civilization forward. At the same time, the theory conjectures, the long-term development of society must have a humanistic content; therefore, inevitably, along with socioeconomic transformations, changes in humans themselves should be expected.

The theoretical aspects and basic postulates as well as the applied tools for measuring and managing quality in economics at all levels are explored, discussing the current stage of socioeconomic development in accordance with dialectical concepts of development, accompanied by the transition of accumulated quantitative changes into qualitative ones.

The volume discusses many aspect of the noonomy theory, exploring

  • the quantitative and qualitative indicators of economic development quality issues
  • the hypothesis that human creative abilities should be considered as one of the factors that drive the changes taking place in the socioeconomic system, and their stimulation and development of human creative abilities should be encouraged through the formation of appropriate institutions
  • the weakness of traditional social and economic concepts that fail to adequately explain today’s observed transformations, emphasizing that theoretical rethinking of long-held theories, the introduction of new elements such as the noonomy theory, and the inclusion of large amounts of empirical material into scientific discourse are essential
  • the imperfections of the liberal model of capitalism and how the noonomy theory can serve as a tool for this correction

  • the regional features of nootransition—the uneven and asymmetrical development of their constituent regions as obstacles to the socioeconomic development of the countries as a whole
  • and more

This volume is a result of scientific discussions within international theoretical seminars of the S.Y. Witte Institute for New Industrial Development, “Global Transformations of the 21st Century: The Future of Humans, Markets, and Capital” at scientific centers in Russia, Europe, US, Canada and China.

CONTENTS:
Preface

1. Transformations of the 21st Century: Human, Society, Values, Noonomy—Material vs. Ideal, “Physics” vs. “Lyricism”

Sergey Bodrunov

2. The Geopolitical Economy of the Current Crisis: The Potential of Noonomy

Radhika Desai

3. Quality as the Basis for Development in the Digital Economy

Vladimir Okrepilov

4. The Challenge of Noonomy to Global Liberal Capitalism

David Lane

5. Economic Development Based on Improving the Quality of Growth

Aleksandr Shirov

6. A World Creative Audit: A Research Proposal

Alan Freeman

7. Crisis of Global Transition: Noonomy as a Possible Future

Savvas Michael Matsas

8. The Transformation of the “Economic Man” into a “Cultural Man”

Natalia Yakovleva

9. Re-Thinking the Institutions and Practices for a Better Future World

Al Campbell

10. Noonomy: A Platform for Strategic Development (Regional Aspect

Svetlana Pyankovaviii

11. The Role of Civil Society in the Transition to a New Economy

Leo Gabriel

12. Cognitive Model of the Noonomy Concept in the Author’s Discourse

Ekaterina Kabakhidze

Index


About the Authors / Editors:
Editor: Sergey Bodrunov, PhD
Professor and Director, S. Y. Witte Institute for New Industrial Development in Saint Petersburg, Russia

Sergey Bodrunov, PhD, is a Professor and a Corresponding Member of the Russian Academy of Sciences, Academician of the Russian Academy of Engineering. He is the President of the Free Economic Society of Russia, the oldest civic organization in Europe and the world (founded by the decree of the Empress Catherine the Great in 1765). He is also founder and Director of the St. Petersburg S.Y. Witte Institute for New Industrial Development. Dr. Bodrunov is the author of over 1200 scientific papers, including 35 monographs concerning the issues of information systems development and society informatization, science and technology progress growth, intellectual property, history of science and management, the state and development prospects of economy, and a strategy of high technology economic development. Dr. Bodrunov is the author of fundamental papers in the sphere of society development, author of the concept of the new industrial society of the second generation (NIS.2), and the theory of noonomy recognized worldwide. In particular, his book Noonomy was awarded a prize from the World Association for Political Economy (WAPE) “For an outstanding contribution to the development of Political Economy in the XXI(th) century” (2018). The course on the theory of noonomy is taught in the leading universities of Russia, as well as in several other countries. He possesses extensive experience in managing significant business assets and is an accredited investor in the field of high-tech manufacturing.




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