Author:
Mikhail I. Voeykov, Institute of Economics of the Russian Academy of Sciences (Moscow, Russia)
Abstract:
Evolution of the economic functions of the state in the conditions of nonomics. The article examines the problems of the economic role of the state in modern society. It shows the failure of the liberal economic model and minimization of the role of the state. Modern production saturated with new technologies and scientific knowledge requires completely new regulators in comparison with the market ones. A new economy is developing, which in scientific literature is called noonomics. Many elements of the market economy are fading away in it, such as private property, money, finance, free competition, which acquire a new quality. A new problematic field for political economy is emerging.
Keywords: state, liberal economic model, market economy, noonomy, political economy
For citation: Voeykov M. I. (2022). The evolution of state paternalism and noonomy. Noonomy and Noosociety. Almanac of Scientific Works of the S.Y. Witte INID, vol. 1, no. 1, pp. 96–100. DOI: 10.37930/2782-618X-2022-1-1-96-100.