The Modern Paradigm of Socio-Economic Development: What It Should Be!

Abstract

Purpose. The main purpose of the article is to inform the scientific community about the results of their own macroeconomic research, and about what paradigm should be adopted at the present time for the effective socio-economic development of the state. Methodology. A critical analysis of publications devoted to the further improvement of economic theory and the transition to new paradigms has been carried out. When developing our own socio-economic paradigm, a methodological approach was used, according to which the development of man and society is the main goal of planetary evolution, and the economy is just an auxiliary sphere that ensures this development. The most suitable methodology for the creation of an economic «mechanism» is the methodology of engineering activity, which has long proven itself well in the creation of new technologies and equipment in industry. Findings. There is no consensus in the economic community about the further development of economic theory and the choice of a new development paradigm. All paradigms that are based on a «profitable» ideology and cannot avoid crises are unacceptable. A socio-economic paradigm can only be called such scientific achievements that will allow creating a reliable anti-crisis macroeconomic «mechanism». Paradigms in the humanities must differ from paradigms in the physical sciences in that they must show the end goal to be pursued. Originality. A completely new model of the socio-economic development of the state is proposed, which has no analogues in world practice, and on its basis – a new socio-economic paradigm. The main principles that should be the basis for the functioning of a highly efficient macroeconomic «mechanism» are described. The most important principle of the new economic model is the rejection of the pseudo-scientific category of «profits,» which constantly pushes the economy towards crises. Practical value. The introduction of this model in Ukraine alone will allow at the initial stage to obtain an economic effect of more than one trillion hryvnia per year, and the consequences of the social effect can be much greater.