Human capital in an industrial impasse

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Abstract

Crises, shaking developed economic systems, force us to look for strategic ways of development, alternative to the usual paradigm, in which the main vector of development from a pre-industrial to a post-industrial economy leads to a global model of a consumer society, beyond which there is a social abyss. The latest shock to the global economic system is the COVID-19 pandemic. To overcome this misfortune, authoritative experts propose a series of radical organizational and economic measures, but their goal is old - to preserve consumption as the main economic motive of social behavior. This, in turn, leaves in force the global civilizational risks and preserves the status of a myth for the concept of sustainable development;. The proposed article contains an attempt to substantiate an alternative vision of the model of history, in which it is proposed to consider the pre-industrial type of economy as basic on the basis of such criteria as efficiency, prospects and adequacy of the reproduction of human capital. Finally, sustainable development of a socio-economic system of any scale is possible only if such antagonistic indicators as production efficiency and employment of the population are reconciled. And this is possible only in a pre-industrial type of economy.

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APA

Ibragimov, R. (2021). Human capital in an industrial impasse. In E3S Web of Conferences (Vol. 258). EDP Sciences. https://doi.org/10.1051/e3sconf/202125810003

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