First devastating societal blow in Late-Modernity (10)

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

5.2.  Toward a world confederation of regional blocs (REBS)

The Western centric world institutions, created after the 2nd World War, did not adapt to a changing Geo-political reality. Western countries have been resisting the institutional reset that naturally should have followed the shifting of the center of gravity of the economy-world towards East-Asia. Under necessity the world is now starting to turn toward an alternative institutional setting to accomplish what the international institutions no longer can.  Along the last decades we observed the the first timid steps of the re-organization of the world, into Regional Economic Blocs (REBs) and the twenties, of this 21th century, will see an acceleration of that process.

An ode to blogs

You are What you Read: How to Manage your Personal Echo Chamber

By Ugo Bardi  [ member of the Club of Rome, faculty member of the University of Florence, and the author of "Extracted" (Chelsea Green 2014), "The Seneca Effect" (Springer 2017), and Before the Collapse (Springer 2019) ]

I believe that blogs are by far the best source of information for individuals like you and me.   

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.