New Horizons in Education and Social Studies Vol. 11,
30 April 2021,
The world has been getting smaller and narrower with the expansion of human activities. Now, exploring and studying new socioeconomic thoughts for this small and narrow world is an urgent task for social scientists. This article provides a normative theory and a descriptive theory for the present and future of the world. The normative theory helps us think about where we should direct the world: it provides evaluations of possible events and designs of social institutions, viewing the world and human community as a unit. The latter is to discuss practical management of the world: considering great diversity of cultures, unified management is practically impossible. Thus, a decentralization of the entire world is required. We consider a decentralized way of management of the world in terms of the constitution of the World Federal Government (WFG).