This paper argues that capitalism is historically plural by nature and that its institutional diversity should not be understood as a temporary stage on the way toward global convergence. Drawing on the Philosophy and Economics of Belonging, it develops an ontological explanation of capitalist plurality based on four principles: Being is Belonging, imperfect belonging, the stratification of reality, and the inseparability of synchrony and diachrony. Because human beings develop within different geographical, historical, cultural, religious, and institutional environments, rapid human institutional diachrony necessarily generates differentiated forms of social organization. Capitalism therefore enters societies whose conceptual systems, structures of authority, family relations, integrative institutions, and forms of existential significance have followed distinct civilizational routes. The paper examines these routes historically and analyzes their implications for contemporary capitalism. It argues that twenty-first-century globalization has created a global belonging deficit: production, finance, trade, technology, data, migration, climate effects, and artificial intelligence increasingly operate at a global scale, while legitimate power, solidarity, citizenship, and integrative institutions remain predominantly national, regional, and civilizational. The paper concludes that the appropriate institutional response is neither global fragmentation nor civilizational homogenization. A plural global capitalism requires strong, flexible, and tolerant global institutions capable of governing economic and technological interdependence while preserving and continually renegotiating the plurality of human belonging.
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Carlos Federico Obregon Diaz (2026) studied this question.
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