The question of the ratio of the categories "economy" and "management" is of great importance since it significantly affects the organization of means of managing the sustainable spatial development of human life, community, society, and various types of groups related to economic activity.

If we look into the etymology of the words economy and conservation, we can see that they are synonymous. In both the first and second cases, it is about managing the space that is covered by a person in the process of rebuilding the natural environment. However, as you know, later the meanings diverged and these concepts began to define something differently. To a large extent, this was due to the complexity of the structure of human activity. But that's not the point. From the position of post-non-classical approaches to the polycentric narrative in the spatial management of sustainable management, objectively there is a need to carry out an appropriate decomposition of meanings, i.e. their breeding on a new methodological basis.

Since we previously defined the category "sustainable management" as a method of activity based on the concept of ensuring systemic homeostasis, that is, the balanced interaction of the set of relationships between stakeholders in the direction of the rational use of available material and non-material goods, then for the category "economy" an updated narrative content should be defined. It is proposed to consider "economy" as a corresponding complex process of organizing, in a broad sense, the mechanism of human interaction with the environment. In this context, "economy"   acquires two fundamentally different features. The first concerns mostly the technical-technological, or physical component, and the second, as they often say, the virtual component, or the over-physical, i.e. metaphysical component.

If the first position is more or less clear, since it has a long history, then there are some difficulties with the second position. Since the process of virtualization of the economy is a fairly young phenomenon, which, moreover, is developing rapidly, we are observing a delay in its scientific methodological understanding. In such conditions, in order to justify innovative methods of managing the process of sustainable management, it is necessary to form, conditionally speaking, precedent scientific support that takes into account specific situational features. This approach in general does not contradict the postulates of narratology. This primarily concerns the issues of determining the factors of production in the context of the virtualization of the economy. It is known that land, labor, capital, as well as entrepreneurial skills, and information are those factors that determine sustainable management. Based on considerations about the duality of the economy category, with the traditional approach, sustainable development needs to form a combination of them in a defined space, which maximizes the creation of added value. At the same time, from the point of view of the virtual economy, we have a situation regarding combining, in the most efficient way, not physical components of economic systems, but a type of combination of determining factors in the form of values ​​that produce added value, that is, impersonal capital.

It has been noticed that most often there is a conflict between these two branches of economic activity, which significantly slows down the process of sustainable management. Especially in the part that concerns the achievement of ecological, social, cultural, and other non-economic goals. Conflict resolution becomes one of the most important tasks of the concept of sustainable management. In the plane of multi-subject arrangement of spatial interests of interested stakeholders, the financial and economic mechanisms of their regulation are of course of particular importance due to a clear definition of ownership rights to available spatial operational resources and an adequate assessment of their value, cost, and price.