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In our rapidly changing world, the future of our economic system-capitalism-seems more unpredictable than ever. Digitalization is already having a significant impact on the labor market. Intensive globalization has led to the emergence of new forms of capitalism that are very different from the Western free market economies. And contemporary critiques of capitalism present another challenge to our economic system. This volume looks at capitalism's future from different perspectives and tries to find possible creative approaches to the current challenges. The aim is not to abandon the current economic system in its entirety, but to look forward constructively and critically and thus to shape the future not only of our economy but of our society as well.

For a long time, international institutions have formed the foundations of rule-based cooperation between states. However, they now find themselves under increasing scrutiny and have become the arena of geopolitical conflicts. At the same time, we are witnessing the development of new formations and the growing influence of non-state actors on the world stage.This book investigates the following questions: what are the new partnerships and cooperations arising from today's challenges? Where do actors derive their legitimacy? How can we revitalize the rule-based cooperation of states and reform institutions? A growing awareness of our global, collective interdependence and how this relates to structures of power forms an important backdrop to this investigation.