Towards a Social Global Contract

An analysis of six possible alternative world scenarios, which might characterize the evolution of our societies in the four decades to come, reveals the need for the development of a Social Global Contract. The most important policy goal does not relate to higher competitiveness in the global economic wars, but should be concerned with creating more common wealth to satisfy the material and immaterial needs of the world's population. The Social Global Contract means the start of a process that favors the establishment of a cooperative system of global governance. To that end a set of practical tasks to be implemented within the framework of four major global contracts are identified and discussed.