Carlo A. Pelanda | |
---|---|
Personal details | |
Born |
Tolmezzo, Italy |
April 17, 1951
Nationality | Italian |
Profession | Economist, University Professor, Entrepreneur |
Website | www.carlopelanda.com |
Carlo A. Pelanda (born April 17, 1951 in Tolmezzo, Italy) is an Italian professor of Political Science and Economics.
Pelanda received a Doctorate in Political Science from the University of Trieste where he specialized in Strategic Studies, International Scenarios, and Systems Theory. He currently holds academic positions at the University of Georgia, GLOBIS, Guglielmo Marconi University, and the Oxford Institute for Economic Policy (OXONIA) . He also chairs Quadrivio Group, Milan, one of the largest investment firms in Italy.
In Nova Pax, Pelanda outlines a global systemic project that aims to: (a) create an alliance structured as an economic area with growing integration among democratic nations; (b) facilitate the reorganization of national political-economic models into structures compatible with the allied economic area; (c) form this new Free Community through the expansion of the G7; and (d) revive democratic ideology and restart the process of global democratization.
The goal is to reorganize the world of “democratic capitalism” through this strategy, which combines national reforms and a new international architecture. The model of “democratic capitalism” is facing a crisis in its ability to generate economic growth, maintain geopolitical cohesion, and project influence globally. The realism of the project is based on the tendency of democracies to form free trade agreements, at times even with elements of a common market. This systemic project seeks to encourage this trend and organize it as Nova Pax, a successor to Pax Americana and the foundation for a new world order.
In Europe Beyond, Pelanda recognizes that the temptation is growing among certain nations to go beyond Europe because the EU and Eurozone are seen as dysfunctional. He argues that it would be more productive for Europe to reorganize itself with an outward focus so that it can become more useful for Europeans and the world. This new “post-European” innovation would treat Europe not as an end, but as the means to help stabilize and improve the global system. This extroverted posture would in turn resolve the internal defects that impair the European project today.
Pelanda argues that progress, defined as continuous improvement in the human condition, is experiencing a crisis. Our system of democratic capitalism has proven most successful at fostering progress through the self-reinforcing virtuous cycle between freedom, capital, and technology. He argues that the system is now weakening, and progress is slowing.
The diffusion of wealth in the democratic capitalist system is in decline. Democracy shows signs of degeneration and its global spread is slowing or has stopped entirely. This deterioration occurred because the large abstractions and models that drove democratic capitalism in the past have not been updated and so no longer function.