Unsustainability Of Classic State And Economics In Modern Conditions
Unsustainability Of Classic State And Economics In Modern Conditions

Summary/Abstract: Modern society and economy operate in complex and uncertain business conditions. It can be seen simply by observing phenomena in the natural and social order. Turbulence exhibit negative impacts on the environment i.e. create instability, which often turns into a crisis with devastating effects. On the other hand, time as space is an increasingly scarce resource and as such has become a limiting factor for commissions or omissions. Today, time is not measured in seconds, as it was in the past, even tens and hundredths, but nanoseconds. It should be added that mistrust over the past few years has reached unprecedented proportions. According to research in the United States, approximately half of managers do not trust their leaders. The results of Golin/Harris survey conducted in the United States in 2002 were just as dismal: 69% of respondents agreed with the statement “I simply do not know who to believe.” That same year, the University of Chicago surveyed 800 Americans and found that more than four-fifths have “a little” or “almost no” confidence in the people who run large corporations. However, confidence in the abstract corporate leaders is different from the beliefs of its director, and some companies and directors are generally considered reliable, but the general trend is worrying.To the above condition largely contributed ineffective or non-functional state that has not changed radically in recent decades. This conclusion applies both for highly developed and developing countries and for countries in transition. In a situation where everything is changing and when it is capable of continuing the changes, the classical state becomes a limiting factor for growth and business development and improving quality of life.Related to the above is still a great dominance of classical economics, classical management, and organization in modern business. It turns out that the connection between classical states and classical economics determines the quality of policy decisions made at the state level. For the success of each state and science, such as economics, it is dangerous to apply outdated concepts, or trying to solve contemporary economic and other problems using outdated approaches and concepts.The work aims to emphasize the need for abandoning classical and outdated concepts, techniques, and technologies in the management of state and economy and the necessity of introducing new, or the approaches and techniques that match the spirit of the times. The paper will point out the necessities in Serbia, as a country in transition

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