Economic and Security Paradigm: The Ongoing (R)Evolution?

Ivan Jovetić – University of Donja Gorica; MSI INVEST Ltd, Montenegro

Abstract

The history of technological changes has confirmed its impact on (r)evolution of security concepts and paradigms. However, it is not an un- known correlation and has its roots in what Kuhn has been defining as the normal science problem and eventually scientific revolution. Civilizations’ his– tory has proven the impact of technology on societies from the wheel to the cyber. And whenever Kuhn’s normal science or current patterns and solutions were unable to solve rising challenges and changes the new (r)evolution rise and led to the paradigm changes. Respective has an impact on the economy, security as well as economic security. Each one of them is the core subject of evolving and the rise of the new subject’s paradigm. Distinct impacts on security as well as the concept of individual security are the core focus of this article. In addition, it is a consequential attempt to identify the common denominator between security as the concept as well as its subconcepts like individual security, economic security and corporate security. Changes in technology especially cyber security concepts and machine learning followed by artificial intelligence are the drivers of the (r)evolution of the paradigm in the economic security context. Similar to the technologically impacted Cold War arms race, the new IT arms race is one of the identified outcomes of the evolved paradigm in security. It seems like a similar yet differently driven impact. Finally, all aforementioned is changing the future of security in general but also in particular concerning changes and impacts on individual(s) security. Therefore, it is highly important to understand and follow respective changes including paradigm shifts. And unlike Goethe’s view on technology, paradigm shift understanding might support us within the challenges.

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LIMEN Conference proceedings published by the Association of Economists and Managers of the Balkans, Belgrade, Serbia

LIMEN Conference 2022 Conference proceedings: ISBN 978-86-80194-66-0, ISSN 2683-6149, DOI:  https://doi.org/10.31410/LIMEN.2022

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Suggested citation

Jovetić, I. (2022). Economic and Security Paradigm: The Ongoing (R)Evolution?. In V. Bevanda (Ed.), International Scientific-Business Conference – LIMEN 2022: Vol 8. Conference proceedings (pp. 115-127). Association of Economists and Managers of the Balkans.  https://doi.org/10.31410/LIMEN.2022.115

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