6. The New Phase Transition of the World Economy

The article under discussion analyzes the state of development of the world economy from a transdisciplinary point of view. The scientific problem to be solved in this article consists of presenting what types of world economic phases took place in comparison with the economic periods and cycles presented by other authors or scientific works as well as what is the difference between world economic phase, economic phase transition, and economic circle or period. But the major scientific result of the article is to define and argue the new phase transition of the world economy and the next economic phase that starts in the second decade of the twenty-first century. This work is a transdisciplinary and synergetic approach where scientific concepts such as thermodynamic efficiency, order parameter, attractors, collaborative commons, open society, sustainable development, etc. will be applied. The practical meaning of the paper consists of a deeper understanding of the world economic trends, the future social and economic organization, and to what extent capitalism is going to lead the world society to another economic realm or even another economic structure and organization.