RISK ECONOMY

Author:

SOLODOVNICOV. S.1ORCID

Affiliation:

1. Belarusian National Technical University

Abstract

The article is devoted to the theoretical substantiation of a new social paradigm – risk economy. The current stage of society development and the economy is characterized by a critical increase in financial, technological and technological, political and economic, geo-economic and other uncertainties. It is impossible to understand their ontological nature and reveal the phenomenological specificity without a meaningful definition of the current stage of development of the economic system of society. The article consistently revealed the characteristics of current society, which allowed the author to present a new political and economic concept that characterizes the current stage of development of society and the economy – the risk economy. The risk economy is an economy of high-tech and knowledge-intensive industries, characterized by the highest degree of political, economic, technological, financial and environmental uncertainties and risks. These risks are becoming comprehensive, many of them are in principle unpredictable, and their possible negative consequences could lead Humanity to a global catastrophe. Understanding the nature of risk economics is critically important for developing effective political and economic mechanisms to counter these risks.

Publisher

Belarusian National Technical University

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