The Concept of Noonomy: Summary of a Prospective Model for Socioeconomic System Organization

Abstract

Continuous evolution of the socioeconomic system and inherent contradictions which need to be resolved require a theoretical evaluation of prospective models for system organization. This study seeks to delineate the main trends in the transformation of the modern economy and society and use them as the foundation for a scholarly assessment of the prospective future public order. The author’s approach relies on comparative analysis, classical economic theory and the Marxist method, particularly Marx’s concept of the base and superstructure. The author establishes that the technological development, which under modern conditions has taken the shape of the Fourth Industrial Revolution, is a key factor in the future transformation of the socioeconomic system. These changes will result in the formation of the noonomy, i.e. a completely new model for organizing the material base of the public order reliant on super-high level of technological and technical development wherein humans will be ‘supplanted’ and removed from production. The author presents the main features and characteristics of the noonomy.