First devastating societal blow in Late-Modernity (9)

5. The shift from a Western to an Eastern model of society

5.1. after covid-19 reality = affirmation of regional blocs

The economic reset, that is taking place in this first part of the 21th century, is a historical event fraught with danger. The West is losing its hegemony over an evolving Late-Modernity. The center of gravity of the economy-world is moving to a nation outside the Western civilizational realm.  But the West, or would it be better to say the USA, is not taking this reset agreeably and is multiplying the provocations against China.

First devastating societal blow in Late-Modernity (8)

Part 5:  The shift from a Western to an Eastern model of society

Economic reality finances the social and cultural endeavors of a society and so the comparative influence of societies in the international sphere is given primarily by their economic power. The following table traces the evolution of economic power between the West and East-Asia over the last 20 years.