Social Innovation for the Sustainability

Items tagged with ECONOMIC CHANGE

ARTICLE
CRISIS, TRANSFORMATION AND NEW SOCIAL CONTRACT

Antón Costas / Xosé Carlos Arias

For fifteen years the international economy has experienced several major crises. In an environment of radical uncertainty and growing social unrest, some trends of change have emerged in the economic and technological structures that bring with them important advantages but also notable contradictions and risks. Decarbonization, mass digitalization, and a shift in the global economy they are its main faces, painting a panorama of creative destruction on a large scale. This paper argues that in order to deal with these complex dynamics it is essential to move towards a renewal of the social contract, which has been increasingly eroded since 2008.