“Progressive Capitalism” by J. Stiglitz: Rethinking the Priorities of Its Formation

Abstract

The article analyzes the priorities of "progressive capitalism" by Joseph E. Stiglitz and investigates the main conditions of its formation in Ukraine. The following problems are discussed: the strong influence of narratives of the eastern institutional matrix on the development of national economy and political system; unjustified differentiation of the interests of power, business, science and civil society; neglect of the scientific research and the need for institutional change by public authorities and local self-government bodies; high level of national markets monopolization; a strong link between economic power and political influence; legal nihilism and political apathy of the population. Expediency of implementing additional fifth priority, which foresees the use of innovative models, technologies and instruments for managing the intellect using and intellectualization of the national elite and human resources in general, is justified on the basis of the theoretical frameworks and practical recommendations, which were developed by Ukrainian scientists. Taking into account the results of the formation and development of the Presidential Personnel Reserve "New Elite of the Nation", the authors have initiated the creation of the Laboratory of Intellectual Development for Empowering Regions (LIDER), which will implement a pilot project for the intellectual resources development in the Western region within the framework of the realization of the Ukrainian-Lithuanian program "Competence Development of Lithuanian and Ukrainian Public Sector Employees Using Design-Thinking Methodology".

Targeted Change in the Mentality of Communities Through Transformative Adult Learning

“…), as well as permit the adaptation of innovative models, technologies and instruments for training and development of human resources (web-based learning, mobile learning, collaborative experiential learning, etc.). Therefore, in order to transform the mentality of communities at the regional level, in particular, at the level of ATCs, the following aspects should be taken into consideration: scientific inquiry and social organisation of people for the common good as two priorities of progressive capitalism; inclusion of the intellectual resources of elite and population into the economy through the use of innovative models, techniques and instruments for managing the intellect of human resources (Dzvinchuk et al, 2019).…”

“…The project was realised through the implementation of the programme of community development reengineering aimed at changing the human resource mentality. Its methodology was based on systematic and situational approaches, the theory of transformative adult learning (Mezirow, 1997), duality approach of individual and collective transformative learning (Kennedy-Reid, 2014), community engagement approach (Davis, Kliewer & Nicolaides, 2017), theories of institutional matrices (Kirdina, 2014;Radchenko & Molodtsov, 2018) and progressive capitalism (Stiglitz, 2019;Dzvinchuk et al, 2019).…”