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It is true that in our time, politics and old ideologies have become stronger than economics and trade. Big breakthrough ideas stagnate and become less and less common, the forced return to old technologies devalues the previous achievements, which are becoming less common.
As the world moves towards a multi-polar production system based on a network of global production chains and the largest companies in each country joining together to manage research and development, production and trade, small, medium and even large regional companies will be liquidated or merged with global giants, which will mean the end of small, medium and even large regional companies. As a result of the dominance of monopolies, complex and expensive technologies, expensive development and management, market orientation for immediate results, the possibilities of discovering new technological principles, deep use and development of existing technologies were limited. This negates the possibility of breakthrough research with unpredictable results.
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Future generations will be able to pay for the services of the older generation only if the excesses of the current generation are eliminated and they get rid of their excess wealth. If this becomes common knowledge, then the older generation will not have the confidence to save more than they can spend. It’s a vicious circle that will never end.
One of the main causes of social problems is the lost social rights that were earlier in the past, with new high quality technologies becoming more advanced than what was once available.
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