Author/Authors
Goerner، نويسنده , , Sally J. and Lietaer، نويسنده , , Bernard and Ulanowicz، نويسنده , , Robert E.، نويسنده ,
DocumentNumber
3540898
Title Of Article
Quantifying economic sustainability: Implications for free-enterprise theory, policy and practice
شماره ركورد
2770
Latin Abstract
In a previous paper (Ulanowicz, Goerner, Lietaer, and Gomez, 2009), we combined thermodynamic, network, and information theoretic measures with research on real-life ecosystems to create a generalized, quantitative measure of sustainability for any complex, matter/energy flow system. The current paper explores how this metric and its related concepts can be used to provide a new narrative for long-term economic health and sustainability. Based on a systemʹs ability to maintain a crucial balance between two equally essential, but complementary factors, resilience and efficiency, this generic explanation of the network structure needed to maintain long-term robustness provides the missing theoretical explanation for what constitutes healthy development and the mathematical means to differentiate it quantitatively from mere growth. Matching long-standing observations of sustainable vitality in natural ecosystems and living organisms, the result is a much clearer, more accurate understanding of the conditions needed for free-enterprise networks to produce the kind of sustainable vitality everyone desires, one which enhances and reliably maintains the health and well-being of all levels of global civilization as well as the planet.
From Page
76
NaturalLanguageKeyword
Triple Bottom Line , Resilience , network analysis , Thermodynamics , Economic sustainability , Economic Development
JournalTitle
Studia Iranica
To Page
81
To Page
81
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