Globalization should be considered as a natural process of human evolution. The solution to its problems, to attain the well-being of humanity, may be sought through global governance. The concept of prosperity based on the principles of unity and cooperation needs to be considered. The pace of growth of technology and governance are not compatible raising a series of serious problems. The solution lies in rethinking of the system of governance and develop effective new arrangements.
Competition is a major problem of implementation of any good decision.
The solution to economic problems is spiritual in nature. A new economic system must evolve where its basis are service and cooperation. We should respect and maintain cultural diversity of peoples. Unity in diversity rather than uniformity must be promoted. We have established a mathematical model to describe this phenomenon.