The necessity of a new global development model: Ideas of contemporary world economists

Abstract

The author examines the contemporary concept of development at the global and national level, through the prism of the ideas of the world's leading economists. Joseph Stiglitz advocates the concept of "progressive capitalism" that would be based on a harmonious relationship between the state and the market. Jean Tirole emphasizes the need to respect the greater good and to reconcile personal, group (private) and public interests.Thomas Piketty raises the problem of inequality in a society that creates capital and its logic and advocates the necessity of progressive taxation. Rutger Bregman discusses the importance of the social function of the state and offers the solution of the universal basic income. Mariana Mazzukato emphasizes the importance of the entrepreneurial function of the state.