First devastating societal blow in Late-Modernity (15)

Part 7. 

A changing context forces a new worldview and a new form of society to emerge

First devastating societal blow in Late-Modernity (14)

Part 6.   The paradox of humanity’s predicament

6.1. Modernity, is the greatest achievement of humanity but it fosters life extinction

6.2. the shift in the governance-world leads to uncertainties

First devastating societal blow in Late-Modernity (13)

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

5.3. Covid-19 is a first fatal blow to Late-Modernity

Covid-19 did not collapse national economic systems as is portrayed in Western mainstream media. It was merely the catalyst that activated the clean-up of the many severe imbalances that had been accumulating since the nineteen-eighties which then exploded after the  great recession of 2007-2008 :

First devastating societal blow in Late-Modernity (12)

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

5.2.5. the rise of the Asian model of governance

Regional Economic Blocks have a decisive governance advantage over the present world institutions. For one they group neighboring countries that have privileged and often long-standing inter-relations. Secondly they are not burdened by the weight of bureaucracy and corruption that characterize present day International Institutions. Thirdly these regional blocs are not torn apart by the ideological divisions between the declining power and the upcoming power.

First devastating societal blow in Late-Modernity (11)

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

5.2.4. the irresistibility of Regional Economic Blocks (REBs)