Replacing World Capitalism

WHAT OR WHO IS TO DISRUPT CAPITALISM:
THE DISRUPTIVE TECHNOLOGIES, CHINA AND RUSSIA OR REVOLTS?
DR. AZAMAT ABDOULLAEV
HTTP://WWW.SLIDESHARE.NET/ASHABOOK/CREATING-THE-FUTURE-TOMORROWS-WORLD
HTTP://WWW.SLIDESHARE.NET/ASHABOOK/SMART-REVOLUTION
HTTP://EU-SMARTCITIES.EU/COMMITMENT/3089
HTTP://WWW.SLIDESHARE.NET/ASHABOOK/ECO-WORLD-COMMANDMENTS
HTTP://WWW.SLIDESHDEMONSTRATINGARE.NET/ASHABOOK/DEMISE-OF-CAPITALISM
HTTP://WWW.SLIDESHARE.NET/ASHABOOK/PRESENTATIONS
THE PRESENT GLOBAL ECONOMY IS AN ECO-DESTRUCTIVE ANTI-INTELLECTUAL AND ANTIHUMAN
ECONOMY OF “THE ELITE”, BY “THE ELITE” AND FOR “THE ELITE”, IN WHICH THE MAJORITY SUBSIDIZES
THE MINORITY, WHILE THE “CREATIVE CLASS” IS PAID THE LOYALTY FEES.
DECEMBER 2014
EU
SHAPING THE FUTURE WORLD:
Discarding the Capitalist World-Economy
http://www.slideshare.net/ashabook/smart-world; http://www.slideshare.net/ashabook/shaping-the-future-world
The 21st century saw two World Wars, Russian Revolution, Chinese Revolution, Great Depression, demonstrating how
devastating capitalism could be to humanity.
The 21st century is to see the third technology revolution, eco intelligent urbanization, global green economy, sustainable states,
knowledge societies and smart cosmos exploration, demonstrating how constructive non-capitalist economy could be to
humanity,
How humanity could emerge out of the current systemic chaos with an ecologically sustainable world-system.

THE CAPITALIST WORLD-ECONOMY:
DECLINE AND DEMISE
 Capitalism (the capitalist world-economy) is a social system based on the private property rights, the
production for profit (surplus value) and “the endless accumulation of capital” (economic growth) at any
human, social, economic or environmental costs.
 Why the free market global economy is doomed:
 “Economic inequality is rapidly increasing in the majority of countries (the national capitalist economies).
 The wealth of the world is divided in two: almost half going to the richest one percent; the other half to the
remaining 99 percent.
 The World Economic Forum has identified this as a major risk to human progress.
 Extreme economic inequality and political capture are too often interdependent.
 Left unchecked, political institutions become undermined and governments overwhelmingly serve the
interests of economic elites to the detriment of ordinary people.
 Extreme inequality is not inevitable, and it can and must be reversed quickly.”
 WORKING FOR THE FEW: Political capture and economic inequality www.oxfam.org
 “The current economy with the Industrial Revolution, powered by fossil fuels, is spiraling into a dangerous
endgame.
 The price of gas and food are climbing, unemployment remains high, the housing market has tanked,
consumer and government debt is soaring, and the recovery is slowing.
 Facing the prospect of a second collapse of the global economy, humanity is desperate for a sustainable
economic game plan to take us into the future.” Jeremy Rifkin: The Zero Marginal Cost Society: The Internet
of Things, the Collaborative Commons, and the Eclipse of Capitalism.
 “Capitalism will come to an end in the not-too-distant future (possibly within many readers’ lifetime) and will
be replaced by some other system or systems”. MINQI LI, The Rise of China and the Demise of the Capitalist
Azamat Abdoullaev Smart Eco Community "X" Consortium

STUPID ECONOMY:
GLOBAL INEQUALITY, POVERTY AND ILL-GOTTEN WEALTH
 The present economy is an economy of unsustainable growth, extreme inequality, overwhelming poverty, ill-gotten wealth. Its
wealth is idiosyncratically distributed between the few richest haves and the poor have-nots, with almost half going to the
richest one percent and the other half to the remaining 99 percent, creating huge disparities in wealth and income, power and
rights.
 In 2013, the total global wealth amounted to $240.8 trillion. Share of wealth for the bottom half of the population was 0.71
percent, while the richest one percent had 46 percent (amounting to $110 trillion).
 The world's 85 wealthiest were worth a collective $1.7 trillion, while the same amount was owned by half of the world's poorest
people, a total of roughly 3.5 billion.
 Such extreme inequality has been ‘impacting social stability within countries and threatening security on a global scale’,
according to the World Economic Forum.
 It poses a major risk to human progress, to building inclusive political and economic systems increasing social tensions and
the risk of social unrest and societal breakdown.
 Political institutions become undermined and governments overwhelmingly serve the interests of economic elites to the harm
and detriment of ordinary people.
 Rapidly increasing in the majority of countries, the concentrations of income and wealth represent a global threat to stable,
inclusive societies.
 Extreme economic, political and social inequality can and must be reversed by building smart economies (sustainable and
equitable economic growth, regulations, capital taxation, progressive taxation, no tax havens) and inclusive societies (open
government, participatory democracy, citizen participation, accountability, social inclusion, equality of opportunity, gender
equality, ethnicity equality, social mobility, tax revenues for universal healthcare, education and social protection).
 WORKING FOR THE FEW : Political capture and economic inequality; http://www.oxfam.org/en/policy/working-for-the-few-economic-inequality
 ‘Global Wealth Report 2013’, Zurich: Credit Suisse. https://publications.credit-suisse.com/tasks/render/file/?fileID=BCDB1364-A105-0560-
1332EC9100FF5C83
 The World’s Billionaires, http://www.forbes.com/billionaires/list/
 ‘Outlook on the Global Agenda 2014’, 2013, the World Economic Forum

GLOBAL CAPITALISM:
A MAIN THREAT TO SUSTAINABLE FUTURE
 All social systems are historical, which existence and operation depend upon a set of historical conditions.
 The social system of capitalism emerged in the sixteenth century as the capitalist world-economy and has since then
expanded to encompass the entire globe.
 Capitalism evolved as mercantilism and industrial capitalism, finance capitalism and “advanced capitalism”, “developed",
"modern" or "complex" capitalism, where states have been organized in a three-layered structure: the core, periphery, and
semi-periphery.
 “The current capitalist world-economy is an exploitative and oppressive social system where society’s surplus product is
appropriated and controlled by a minority exploiter class of large capitalists and corrupted politicians.
 Its substantial portion of the surplus product is used for the expansion of material production or accumulation of capital.
 Capitalism is based on the endless pursuit of profit and capital accumulation.
 Centuries of relentless capitalist accumulation have set humanity on a course of self-destruction.
 The very survival of humanity and civilization is at stake.
 The crisis cannot be avoided or overcome within the historical framework of capitalism.
 To rebuild human society on an ecologically sustainable basis, there must be an economic system that is based on the
production for use which is capable of meeting people’s basic needs, rather than one that is oriented towards the endless
pursuit of profit and accumulation”.
 The capitalist world-economy rests upon the ceaseless expansion of material production and consumption, which is
fundamentally incompatible with the requirements of ecological sustainability.
 Depletion of material resources and pollution of the earth’s ecological system have now risen to the point that the ecological
system is on the verge of collapse and the future survival of humanity and human civilization is at stake.
 To summarize, multiple economic, social, geopolitical, and ecological forces are now converging towards the final demise of the
existing world-system, that is, the capitalist world-economy. All have reached their advanced phases and this demise is taking
place in front of our eyes, and may very well come to a conclusion within the lifetime of many readers.
 Wallerstein, Immanuel, The Decline of American Power. 2003, New York and London: The New Press.
 MINQI LI, The Rise of China and the Demise of the Capitalist World-Economy, 2008, London
Azamat Abdoullaev Smart Eco
Community "X" Consortium

POLITICS DIVIDES, TECHNOLOGY UNITES
 Social, political, and economic systems change slowly, while technology changes disruptively.
 As the most change-making human creation, technology is getting faster, cheaper, smaller and smarter driving innovations and
changes increasingly faster than our brains can handle it, delivering better and better solutions to human problems.
 http://www.slideshare.net/ashabook/creating-the-future-tomorrows-world
 We are fast embarking on the prosperous world of future technologies, with:
 more speed (ultrafast multicore processors),
 more bandwidth (optical future internet),
 more pixels (Ultra HD 3D TVs),
 more apps (all your apps, everywhere, and all your devices),
 more inches (displays),
 more sensors (self-organizing robots and internet of things),
 more intelligence (smart computing),
 more personality (cognitive computing, customizing everything),
 more connections (connected homes, connected cars, connected people, connected cities, and connected world, or internet of
everything),
 more nature and ecology (eco-engineering solutions)
 Everything is to come “smart”, machines, cities, infrastructures, industries, economies and societies, and environment and
space.
 All is becoming connected to everything else, as the Internet of Everything, “the networked interconnections of people, process,
data, and things”, bringing revolutionary changes in social systems and public policies, economic growth and global value
chain, public safety and security, government services, social structures and organizations, living and working, productivity and
environmental sustainability, thus giving rise to the Revolution 3.0, the Third Technology Revolution.
 http://www.slideshare.net/ashabook/innovation-platform

THE DEMISE OF CAPITALISM:
“THE KILLER APPLICATIONS”
 The Revolution 3.0 is to result with the demise or eclipse of contemporary capitalism, the engine of destruction is to be the
Future Internet of Things, the part of the Internet of Everything.
 The technology revolution via the IoT will reduce the marginal costs of the production of physical things to near zero — “making
goods and services essentially free, priceless and beyond the market exchange economy.”
 The Internet of Things is built around a new communications platform (the Internet), a new energy platform (distributed,
renewable energy), and a new mobility platform (driverless vehicles and automated drones).
 In the new smart world, social capital exceeds financial capital, access beats ownership, sustainability - consumerism,
cooperation - competition, and “exchange value” in the capitalist marketplace is increasingly replaced by “sharable value” on
the Collaborative Commons.
 The Communication Internet is converging with a nascent Energy Internet and Logistics Internet to create a new technology
platform that connects everything and everyone.
 Billions of sensors are being attached to natural resources, production lines, the electricity grid, logistics networks, recycling
flows, and implanted in homes, offices, stores, vehicles, and even human beings, feeding Big Data into an IoT global neural
network.
 Prosumers (Producers + Consumers) can connect to the network and use Big Data, analytics, and algorithms to accelerate
efficiency, dramatically increase productivity, and lower the marginal cost of producing and sharing a wide range of products
and services to near zero, just like they now do with information goods.
 Prosumers are plugging into the IoT to make and share their own information, entertainment, green energy, and 3D-printed
products at near zero marginal cost. They are also sharing cars, homes, clothes and other items via social media sites, rentals,
redistribution clubs, and cooperatives at low or near zero marginal cost. Students are enrolling in free massive open online
courses (MOOCs) that operate at near zero marginal cost. Social entrepreneurs are bypassing banks using crowdfunding to
finance startup businesses as well as creating alternative currencies in the new sharing economy of a global Collaborative
Commons.
 Jeremy Rifkin: The Zero Marginal Cost Society: The Internet of Things, the Collaborative Commons, and the Eclipse of
Capitalism.
 The Third Industrial Revolution: How Lateral Power Is Transforming Energy, the Economy, and the World

WHAT’S WRONG WITH CAPITALISM
 Capitalism is a social system meeting the needs of the present by sacrificing the future generations.
 “The future is already here”, but just not evenly distributed among people and countries.
 Some places dumped in poverty and wars, while some enjoy peace and prosperity.
 This is the hallmark of capitalism, “free market economy or free enterprise economy”, a “buy-and-consume”
waste economy, marked with the “take, make, and dispose” model of production relying on cheap labor to
maintain selective growth and shaky stability.
 Besides, it is basically plagued with poor philosophy, lame theory of capital (profit), labor (wages) and land
(rent) as key factors of production, with its dominant economic paradigm—neoclassical economics, narrowly
theorizing that open markets and speculative prices will mechanically allocate the society’s resources, via the
free play of self-regulating market forces, with its ingrained economic inequality, and with its economically
unproductive enterprises and financial speculations, with resources allocating in a socially harmful way.
 The capitalist world-economy rests upon the endless accumulation of capital, which in turn leads to three
secular trends: rising wage cost, rising taxation cost, and rising environmental cost.
 All social systems are historical: capitalism as a historically specific social system that exists and functions
under certain historical conditions and must give way to a new social system as the underlying historical
conditions change.
 Wallerstein, Immanuel. 1979. The Capitalist World-Economy: Essays by Immanuel
 Wallerstein. Cambridge: Cambridge University Press. 1995. Historical Capitalism with Capitalist Civilization.

 The global capitalist economy critically depends on finite fossil fuels, mineral resources, water, cropland and
food and cheap labor reserve, while pursuing limitless growth, capital accumulation and massive
consumption.
 The capitalist economy is fundamentally unsustainable including the agriculture. Besides harmful chemical
inputs, GM crops and heavy irrigation, it takes more then ten calories of fossil fuels to produce just one
calorie of food, which took a less than 0.1 calorie under traditional Asian agriculture (thus, the capitalist
agriculture’s energy return ratio is 100 times worse then the nature-wise old agriculture emerging as eco
agriculture).
 It is incapable to meet disruptive innovations, social and technological, a range of fundamental technological
changes in urbanization, industry or manufacturing, such as intelligent green cities, digital business models,
smart urban technologies, advanced robotics, large-scale factory digitization, and 4-D printing, enabling short
supply chains and proximity to global innovative supply ecosystems.
 It is incapable to meet an economic, circular economy, a regenerative economic model, to restore rather than
waste the material, energy, and labor inputs to produce a wide stock of new solutions to new human
problems and social challenges.
 In all, about 80 percent of the $3.2 trillion worth of materials used by the global consumer-goods industry
each year is not recovered.
 Capitalism is fundamentally unsustainable and not liable to any healthy restructuring, but just to discarding
as incapable to provide sustained productivity growth, to create sustainable solutions for a true socio-
economic growth, for real societal prosperity.

 It is incapable to discard its linear, one-way production economic model that has dominated
global manufacturing since the Industrial Revolution: directs materials and energy from
resource-rich countries to manufacturing cheap labor powerhouses, such as China or India, to
return the products to the United States, Europe, and other destinations, to be consumed,
used, discarded, and replaced.
 It is incapable to integrate the Reverse World of self-reinforcing virtuous cycles: reverse
manufacturing processes and flows of materials and products in innovative circular economy,
reprocessing, reducing, reusing, recycling, and recovering of resources and valuable materials,
as well as of circular product designs, reverse logistics, and reverse-network activities (from
products to components to valuable materials):
 http://www.slideshare.net/ashabook/reversible-world
 The capitalist world-economy depends on the nonrenewable resources for nearly 90 percent of
its total primary energy supply (oil accounts for 35% of the world’s total primary energy supply,
coal 25%, natural gas 21%, and nuclear energy 6%, the rest - renewables.
 Endless capital accumulation, due to natural resources depletion and waste generation, brings
about the complete collapse of the ecological system, with the current global environmental
crisis of energy, mineral resources, food, and global climate change.

 It is incapable to create intellectual capital building
skills through public- or private-sector innovative social
investment projects, if only by some geo-political
chances, like the Apollo project catalyzed innovations
in semiconductors.
 But, most of all, the supply-demand capitalism is
inherently incapable to adopt its genius minds and
best intellectual capital leaving the genuine creators
of real prosperity in misery and ending in poverty.

THE ECONOMIC POVERTY OF CAPITALISM
 The division of labor within the capitalist world-economy results in flows of commodities, labor, and capital
across different geographic areas through millions of chains of production and exchange.
 These chains are the “global commodity chains.”
 Within each commodity chain, a certain amount of surplus value (the difference between the total value
added and the subsistence needs of the producers) is generated.
 The surplus value generated is unevenly distributed among the states, reflecting their different degrees of
relative monopolization at different stages of commodity chains.
 Relative monopoly may be established if certain producers have technical, organizational, or political
advantages over other producers.
 The core states generally benefit from this uneven distribution and receive disproportionately greater
portions of the world surplus value.
 The peripheral states generally suffer and receive disproportionately smaller portions of the world surplus
value.
 The system of unequal exchange and the uneven distribution of the world surplus value is an inherent quality
of capitalism, and fixed in the exploitive structure of social classes, as in:
 the capitalists (1%) and the upper-middle class (>14%),
 the middle class (<30%),
 the working class (<30%) and the working poor underclass (<25%), a/c laborers, unemployed and
underemployed, etc.
 MINQI LI, The Rise of China and the Demise of the Capitalist World-Economy, 2008, London

WEALTH AND POVERTY, GROWTH WITH DECLINE
 The global economy today is six times its size in 1964,
 having risen from $14 trillion to $84 trillion,
 while failing to bring good changes in the real life of most people,
 with wasteful lifestyle, consuming morals and low quality of life,
 with commercially poor food, housing, clothing, transport, healthcare,
security, education, leisure, and entertainment
 The technological “deed” of the internet is mostly moved by Google’s
commercials, porno-sites, or commercial social sites.
 In the United States, GDP has more than tripled over the last three decades
while concentrating the wealth at the top of the income hierarchy.
 In 2013, the total global wealth amounted to $240.8 trillion, while share of
wealth for the bottom half of the population was 0.71 percent, the richest
one percent had 46 percent (amounting to $110 trillion).

PERMANENT CRISES: CRISIS ON CRISIS
 Just for the last decade, we witness a cascade of crises: climate, biodiversity, fuel, food, water,
waste, followed with the global financial crisis and social unrests.
 One fuel price shock is followed by another, 1986, 2007-2008 and now 2014-2015, when
crude oil is returning to its “dirty cheap” prime costs, $ 10 for barrels, with the related
speculative skyrocketing food and commodity prices.
 In the essence, all these crises share a common character: the gross misallocation of capital
investment.
 During the last decade, much investment capital was irrationally poured into
 land and property,
 fossil fuels and mineral resources,
 financial assets and derivatives,
 maximizing the accumulation and profit (extending the difference between the value of output
and economic costs (wage), social costs (taxation), and environmental costs), through
exploiting the earth’s strategic resources and ecological systems and successive geographical
expansions incorporating new supplies of cheap labor, as from China and India.

UNSUSTAINABLE GLOBAL ECONOMY
 Modern capitalism is ignoring natural environment, renewable energy, intelligent transportation, sustainable
agriculture, ecosystem and biodiversity protection, land and water conservation and, especially, sustainable
communities and smart cities.
 http://www.slideshare.net/ashabook/sustainable-city
 The future global economic development is decided by the quality of future cities, how smart, green and
resilient our urban communities are to become.
 http://www.slideshare.net/ashabook/future-cities-27402134
 Globally, there are about 700 cities, each with population exceeding 500,000. The infrastructure investment
for these cities is forecasted to be $30 trillion to $40 trillion, cumulatively, over the next 20 years
 http://www.slideshare.net/ashabook/smart-cities-28497022
 Currently, most economic development happened at the expense of excessive depletion of natural capital,
degradation of natural resources and ecosystems. Such a growth model had detrimental impacts on the
wellbeing of current generations presenting huge risks and challenges for the future generations.
 The recent socio-economic challenges are symptomatic of this pattern.
 Modern capitalism is based on ecologically destructive land use, energy, water, transportation, and waste-
treatment systems, with the social systems mirroring and supporting them.
 Its domineering trends: unsustainable global, national, urban and rural communities, wasteful consumerist
lifestyles, the destruction of natural habitat, urban sprawl, factory farming, and over-reliance on fossil fuels
contributing to an ecological disaster and mindless ways of life.

WHY DISCARD GLOBAL CAPITALISM SYSTEM
 The capitalist world-economy has reached the limits of its ecological space, socio-political and economic instability,
geographical expansion and urbanization, with a massive pressure of migration from the poor “South” to the rich “North”.
 Humanity must work hard to replace the global capitalist system ASAP with the smart global economy based on intelligent
technologies, green agriculture, renewable energies, or ecological sustainability.
 Just some shocking consequences of the capitalist production and consumption.
 First of all, world food supplies are critically endangered, pushing for the antihuman GMO solutions.
 Second, since the 1960s, the Arctic’s summer sea ice has lost 80 percent of its volume. The Amazon rainforest is to turn to
savannah as it is destroyed by drought and mega-fires.
 Third, drought, flooding, and rising sea levels will make large parts of the world uninhabitable, with the risks of massive
migration, with hundreds of millions (and possibly billions) moving from the tropical and sub-tropical areas to higher latitudes.
 The potential climate change effects include large-scale polar ice-sheet disintegration, dangerous ocean acidification,
significant tundra loss and increasing methane release, and the initiation of substantial soil and ocean carbon-cycle
feedbacks.
 The disintegration of the ice-sheets would accelerate global warming as exposed ocean and land areas would no longer reflect
sunlight but instead absorb it.
 Other climate change effects will transform the earth’s terrestrial ecological systems from sinks of greenhouse gases into net
greenhouse gas emitters.
 Meantime, the world’s population must adapt to new ways of production and consumption without the fossil fuels, returning to
smart green lifestyles and sustainable agriculture.
 All of these transformations would have to take place within several decades. [MINQI LI, The Rise of China and the Demise of the
Capitalist World-Economy, 2008, London]
 In sum, the new world philosophy for the future world society, economy, industry, technology is the Smart Eco Life Philosophy
 http://eu-smartcities.eu/policy-regulations-integrated-planning (download Smart Eco Life Philosophy)

THE GRAVE-DIGGER OF CAPITALISM
 The capitalist world-economy demands the global reserve army of cheap labor force, as a massive surplus
labor force in China and India; China’s deeper incorporation into the capitalist world-economy has massively
increased the size of the global reserve army of cheap labor force.
 By the early 2000s, China had become the world’s “workshop,” the center of the world’s export manufacture.
 China’s low-cost manufacturing exports directly lower the prices of many industrial goods. To the extent that
unequal exchange takes place between China and the core states, part of the surplus value produced by
Chinese workers is transferred to the core states and helps to raise the profit rate for capitalists in the core
states. (Each US dollar that China exported to the US, it receives least share of the total value added in the
global commodity distribution chain, whereas the US brand owners and distributors received the bulk of the
benefits as the product sold for US$4–5 at the retail level in the US).
 China’s share in the world GDP rises, directly contributed to the acceleration of global economic growth,
becoming a major engine of the global economy.
 China has accumulated huge foreign exchange reserves. By investing most of these foreign exchange
reserves in US dollar assets, China plays a central role in financing the US’s current account deficits,
absorbing the global excess production capacity, the world’s surplus savings, and allow many economies to
pursue export-led growth, thus artificially stabilizing the “neoliberal” global economy. The US liabilities create
assets for the rest of the world.
 As the US loses its ability to regulate global geopolitics and the global economy, it is no longer in a position to
provide system-level solutions to the system-level problems. The existing world-system is in desperate need of
a new systemic leadership. MINQI LI, The Rise of China and the Demise of the Capitalist World-Economy, 2008, London

RETHINKING ECONOMY AND PROSPERITY
 In other words, we need to rethink the existing model of economy and prosperity. For
it is hugely inefficient and inherently wasteful, when the large numbers of great
ideas, innovative product lines, investments, and business ventures systematically
fail, when bankers’ becoming rich at the expense of systemic risk for the whole
financial system, when the enrichment of one person creates sever poverty
problems for thousands or millions else.
 We need to go for the new model of economy and prosperity, which is more inclusive
and fair, smarter and resilient, following the new 21st century philosophy of
sustainable living, to be defined as Smart Eco Life Philosophy.
 http://eu-smartcities.eu/policy-regulations-integrated-planning
 The smart economy is a complex, dynamic, open and nonlinear productive
ecosystem of highly diverse players, as consumers and producers, households and
firms, banks and regulators, institutions and states, and other agents and
stakeholders.

SMART ECONOMY: CREATION AND ALLOCATION
 The essential role of smart economy is not allocation, but rather creation and innovation,
transforming by the agency of smart business our best ideas into best products and services to
solve complex problems.
 Life is becoming better because we have created an enormous number of technical and social
innovations available to much of population as new efficient technologies, life-saving drugs,
better mobility, better utilities, better jobs, better housing, or better mobile access to world’s
information. Like as Google’s business goal is “to organize the world’s information and make it
universally accessible and useful”. http://www.google.com
 Or, better as the EIS’s Future Business Strategy:
 http://www.slideshare.net/ashabook/eis-ltd
 http://www.slideshare.net/ashabook/eis-limited-28850348
 The novelty of smart economy is that it creatively solves the most problems for the most people
most cost-efficiently and most equally, while creating incentives for solving human problems
and making the solutions accessible.
 And it is smart and innovative solutions to all sorts of human problems and new complex
challenges that define prosperity, not wealth and money, financial capital, which might easily
depreciate.

NO SMART REVOLUTION, NO TRUE PROSPERITY
 Any real prosperity can’t be properly measured as income or wealth, profits and growth rates,
but as the possession of innovative and productive solutions to all sort of human problems and
national challenges.
 So, the measure of the wealth of a smart society is the scope and scale of human problems to
be solved with access and availability of the new solutions to the people. The smarter the
solutions available to us, the more real prosperity we have.
 Inefficient government and corruption, extractive economy, low-technology industry and
speculative business, poor healthcare and education, retarding science and technology, all is
contributing to missing a sustainable prosperity, to missing a more resilient and smarter world.
 http://www.slideshare.net/ashabook/smart-world
 The prosperity of becoming powerful and progressive, smart and innovative, a leading
technological power of the future, as the sample of Eco Intelligent Russia:
 http://www.slideshare.net/ashabook/2014-2020
 http://www.slideshare.net/ashabook/irussia-20142024
 In sum, No Smart Revolution, No True Prosperity:
 http://www.slideshare.net/ashabook/smart-revolution
 http://www.slideshare.net/ashabook/smart-revolution-in-russia

THE POST-FOSSIL FUEL WORLD:
ALTERNATIVE SCENARIOS
 Economic, social, geopolitical, cultural and ecological forces are now converging towards the final demise of
the existing world-system, what raises a number of fundamental questions.
 Will humanity and human civilization manage to survive the demise of the existing world-system?
 If yes, who, how and what system (s) will replace capitalism?
 As the grave-diggers of the capitalism, three potential superpowers should be named:
 the European Union, the largest world’s economy
 China, the second largest world’s economy taking the US hegemony
 Russia, the world’s largest territorial state with an unlimited ecological potential.
 With equal chances, the future world is to be shaped by the Religious Revolutions and/or the Third
Technological Revolution, being dominated by
 1. the United Islamic States, as a territory covering Iraq and the Levant region, Syria, Jordan, Israel, Palestine,
Lebanon, Cyprus, southern Turkey, etc. to redress the political divisions in the Middle East that were
established by Western powers during World War I. Its hypothesized as a “worldwide caliphate” with a
religious, political and military authority over all Muslims.
 2. Smart World States, led by “Green China”, “Smart Europe” and “Eco-Intelligent Russia” with the renewed
East-West Innovation Corridors of the China-Russia-Europe Smart Silk Road.
 http://incyprus.philenews.com/en-gb/financial-news/4434/43497/on-the-maritime-silk-road
 The Smart Global Economy is to replace the capitalist world-economy via intelligent industrialization, green
energy production and eco smart urbanization: http://www.slideshare.net/ashabook/smart-revolution.


SMART WORLD SYSTEM
 In the post-capitalist world, a global economic system is to be fully compatible with technological, ecological,
economic and social sustainability, what is incompatible with the constant accumulation of profit and capital.
 There are two global economic superpowers, Europe and China, and eco superpower of Russia, which future
development policies, strategies and planning imply dismounting the current capitalist world-economy for the
smart global economy via intelligent industrialization, green energy production and eco smart urbanization, a
key part of the Third Technological Revolution, or Smart Revolution:
http://www.slideshare.net/ashabook/smart-revolution.
 During the “Twelfth Five-year Plan” period, the plan investment in Chinese smart cities is expected to be more
than 1.6 trillion Yuan. [Report on Study of the Progress and Problems of Smart City Development in China,
CATR, 2013]
 Much investing in the smart and green cities development, the Chinese President called on to build the 21st
Century Silk Road Economic Belt and the Maritime Silk Road, backed up by the $40bn Silk Road Fund.
 http://eu-smartcities.eu/blog/smart-silk-road-eu-china-international-project
 The EU pursues the Europe 2020 Strategy for smart, sustainable and inclusive growth enhancing collective
forms of social, public, or community ownership: http://www.slideshare.net/ashabook/smart-europe
 Europe is a traditional leader in developing the new society of knowledge, research and innovation, with
smart, green and inclusive communities, at transnational, national, urban and local levels.
 As part of the Europe 2020 Strategy, European Innovation Partnership on Smart Cities and Communities has
been established. http://eu-smartcities.eu/; http://eu-smartcities.eu/commitment/3089
 Russia has the world’s largest natural capital, ecological assets and natural resources, both nonrenewable
and renewable
 http://www.slideshare.net/ashabook/sustainable-russia; http://www.slideshare.net/ashabook/new-russia

THE 21ST CENTURY “GREAT SILK ROAD”
 The Silk Road was a key factor in the development of the civilizations of China, India, Persia, Rome, Central
Asia, Africa, Europe, and Arabia, providing political, economic and cultural interactions between the
civilizations and cultures.
 The Silk Road represents a historical lesson of political, economic and cultural integration due to inter-
regional trades and cultural communications.
 The revival of the Great Silk Road was first proposed by the former European Commission (EC) when the
Central Asian countries – Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan – became
independent nations in 1991. The EC’s Silk Road was to connect Europe with Central Asia through the
International Transport Corridor Europe-Caucasus-Asia (TRACECA)
 Latter the US introduced the ‘Silk Road Strategy Act’ in 1999, update with the ‘Silk Road Strategy Act of
2006’, to secure long-term US interests in the Central Asia and the South Caucasus and later Afghanistan,
advance regional security and cooperation, as exemplified with the Turkmenistan-Afghanistan-Pakistan-India
(TAPI) gas pipeline.
 The UN planned to revive it as a trans-Asian highway. Conceived as a transcontinental railway linking Russia
and China with Europe via Kazakhstan, the Eurasian Land Bridge is sometimes referred to as the "New Silk
Road".
 A year ago, China’s president, Xi Jinping, has come with a multiregional innovative initiative to revive a Silk
Route economic belt, proposing “to open the strategic regional thoroughfare from the Pacific Ocean to the
Baltic Sea, and gradually move toward the set-up of a network of transportation that connects Eastern,
Western and Southern Asia”, with the routes as shown in the new map.
http://www.slideshare.net/ashabook/smart-silk-road

CHINA-RUSSIA-UKRAINE-EUROPE “SMART SILK ROAD”
 The Smart City “X” Consortium, a founding member of
the European Innovation Partnership on Smart Cities
and Communities, presented the “Smart Silk Road”
Integrated Strategy.
 Combining the EC’s “Great Silk Road” with the US “New
Silk Road”, it is advancing China’s Silk Road Economic
Belt and 21st Century Maritime Silk Road as the East-
West Innovation Corridors of Sustainable Nations and
Smart Eco Cities and Communities.
 The 21st century Great Smart Silk Road is planned as an
interconnected network of sustainable transportation
routes across the Asian continent connecting east, south
and west Asia with the Mediterranean region, as well as
north and northeast Africa and Europe, Russia and
Ukraine.
 The idea is to restore the Great Eurasian Silk Roads as a
transmission channel of people and goods, ideas, beliefs
and inventions, knowledge and technologies, providing
economic, political, social, cultural and territorial unity
for the regions and states concerned.
 Covering a 3 billion population, the 21st century Great
Silk Smart Route is to bring peace, progress and
prosperity for a substantial part of the world’s
population, including unstable regions of the North
Africa and the Middle East.
Azamat Abdoullaev Smart Eco Community
"X" Consortium

SHAPING THE FUTURE WORLD:
“SMART ECO WORLD” GLOBAL INITIATIVES
Smart Eco World (Sustainable Intelligent Planet)
http://www.slideshare.net/ashabook/eco-world-commandments
http://www.slideshare.net/ashabook/future-world-27173937
Smart Eco Nations (Smart Nations Global Initiative)
http://eu-smartcities.eu/content/become-smart-nation-build-your-brand-name
Smart Eco Powers (Intelligent Superpowers)
http://www.slideshare.net/ashabook/superpowers-smart-states-global-initiative
http://eu-smartcities.eu/blog/smart-superpowers-projects-states-powers-great-powers-and-hyperpowers
Smart Eco Europe (i-Europe): http://eu-smartcities.eu/blog/europe-sustainable-states-commitments
Smart Silk Road (21st Century Silk Road Economic Belt of Smart and Green States, Cities and Communities)
http://eu-smartcities.eu/blog/smart-silk-road-eu-china-international-project
http://www.slideshare.net/ashabook/westeast-innovation-corridors
Smart Eco Cities (Smart Cities Global Initiative): http://eu-smartcities.eu/content/show-world-you-are-smart-city
http://www.slideshare.net/ashabook/smart-cities-global-initiative-brief
Intelligent Digital Territories: Software Platforms, Algorithms, Systems and Applications
EU Smart Cities Platform : http://eu-smartcities.eu/; http://eu-smartcities.eu/commitment/3089
Smart Eco Polis: http://www.polis-municipality-cyprus.com/www.polis-municipality-cyprus.com/home_en.html
The idea of the Smart Cities Global Initiative is transforming global cities as the engines of a green smart world:
Smart Eco London; Smart Eco Paris; Smart Eco Rome; Smart Eco Geneva; Smart Eco Moscow; Smart Eco New York; Smart Eco
Dubai; Smart Eco Tokyo - スマートエコ東京; Smart Eco Shanghai 上海; Smart Eco Taipei 臺北; Smart Eco Singapore 新加坡;Smart
Eco Hong Kong 香港; Smart Eco Shenzhen 深圳, etc.

MAKING SUSTAINABLE FUTURE:
DISCARDING THE CAPITALIST WORLD-ECONOMY
 The twentieth century saw two World Wars, Russian Revolution, Chinese Revolution, Great
Depression, demonstrating how devastating capitalism could be to humanity.
 Again, the capitalist world-economy is the key source of the global environmental crises and
climate change, leading to floods, droughts, falling agricultural productivity, rising sea levels,
massive extinction of species, and collapse of the earth’s ecosystem, with massive die-offs and
sharp reduction of the world’s population.
 It is marked by worldwide overexploitation of fossil fuels and depletion of nonrenewable natural
resources, the environment destruction, water shortage and air pollution, soil blocking,
salinization, and erosion, and cropland degradation, leading to the collapse of world food
production and worldwide starvation.
 Capitalism is fundamentally incompatible with social, political, economic, technological,
territorial and ecological sustainability
 The capitalist world-economy is now entering into a permanent decline when every element is
suffering from diminishing returns: global fossil fuels production, world’s agricultural
production, and global industrial production.
 The 21st century is to see the third technology revolution, eco intelligent urbanization, new
green economy, sustainable states , knowledge societies and smart cosmos exploration,
demonstrating how constructive non-capitalist economy could be to humanity,
http://www.slideshare.net/ashabook/future-world-27173937

Replacing World Capitalism

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