Hasan Simsek

The Coming Global Revolution Hasan Simsek

The 1980s were the years of profound transformations since the years of the Great Depression of 1929. The Great Depression revealed the Social Welfare State. However, the Welfare State left the stage to Neoliberalism in the 1980s. Today, in the second decade of the 21st century, we are right in the middle of a similar transformation as the Neoliberal paradigm is at the brink of collapse. Now the world is heading towards another new profound transformation. Prepare for the reappearance of the Welfare state. While the 19th century was the century of England, the 20th century became the century of the U. S. as the world imperial power. On the world stage, the "West," which embraces the United States and Europe, is now approaching to be out of the center. The period of Western refraction we witness today will likely lead to the hand-shifting of the world imperial power in the coming decades. This book presents an analysis of the last 200 years by using a framework synthesizing the Kondratieff waves and paradigm concept. Each Kondratieff cycle corresponds to a social, economic, cultural, and political paradigm. We are about to complete the fifth wave and rapidly moving towards the sixth, the Neowelfarism (New Welfarism) being the emerging paradigm.