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Ivan V. Voytenko Space and Time in the Digital Economy: Evolution of Concepts and their Modern Ontological Status

Abstract

The understanding of space and time will always play an extremely important role for functioning of society, which is largely determined by the set of concepts supported by the dominant paradigm in science. Defining the concepts of "space" and "time" is one of the basic tasks of science and philosophy. The subsequent construction of many social life foundations and further both long-term and short-term planning of their development depends on the solution of this problem. The article considers the evolution of these concepts in historical retrospect, analyzes their metamorphosis at the current stage of digitalization of the world economy. The economy, which has undergone significant changes in the last few decades, is transforming the ontological status of the studied concepts, rapidly transferring space and time from physical reality to virtual reality, while creating new social institutions and revising relations in the existing social formations.

Key words: space, time, digital economy, ontological status.

JEL codes: B410.

Ivan V. Voytenko Space and Time in the Digital Economy: Evolution of Concepts and their Modern Ontological Status // Scientific Research of Faculty of Economics. Electronic Journal. 2019. Volume 11. Issue 3. P. 7-17