How can states maintain governability and stability in a world where established rules are rapidly losing their force? Prof. Ali Farazmand of Florida Atlantic University answered this question in a presentation delivered at the XXVI April International Academic Conference named after Evgeny Yasin. The scholar proposed examining the transformation of the global order through the lens of two ‘mega-shifts’—from the rise of global corporate capitalism to the emerging multipolarity of today—and demonstrated why this transition between eras requires fundamentally new approaches to governance.