Resilient Economics

Economic sustainability requires radical rethinking, redesign and reorganization of economies to reflect the paradigm of healthy living systems!  #ecoNable #Econologics

An economy that relies solely on economic incentives, whether from markets or governments, will leave some people without the basic necessities of life.

The “3-Rs” of ecological efficiency, while necessary, are not sufficient to ensure ecological sustainability.

3Rs_of_Ecology

“Economic sustainability ultimately will require radical rethinking, redesign, and reorganization of economies to reflect the paradigm of healthy living systems.” – John Ikerd

Essentials_of_Economic_Sustainability

3-Rs of ecological efficiency or resourcefulness reduce, reuse and recycle

3-Rs of ecological regeneration – renewal, reproduction and reorganization

3-Rs of ecological resilience resistance, responsiveness and redundancy

Balancing Efficiency with Longevity Healthy living systems must continually balance their natural tendency toward greater efficiency with their quest for longevity or sustainability. The pursuit of efficiency appears to be a natural characteristic of all living systems.

The Three Rs of Ecological Resourcefulness

Healthy living systems continually reorganize and rearrange their component parts in ways that reduce, reuse, and recycle the energy that flows through their systems and fuel both their productive and regenerative processes. These so-called “3-Rs” of ecological efficiency or resourcefulness, while necessary, are not sufficient to ensure ecological sustainability.

 

The Three Rs of Ecological Regeneration

By nature, most animals devote a large portion of their energy to conceiving, gestating, and raising their offspring. By nature, plants and animals redesign and reorganize their structures as they evolve from generation to generation. Sustainable living systems must balance the 3-Rs of ecological resourcefulness with the 3-Rs of ecological regeneration – renewal, reproduction, and reorganization.

The Three Rs of Ecological Resilience

Increasing complexity leads to loss of authentic diversity and interdependence. Diverse systems are resistant and tough, complex systems are fragile and vulnerable.

Sustainable systems must balance the 3-Rs of ecological resourcefulness, the 3-Rs of ecological regeneration and the 3-Rs of ecological resilience – resistance, responsiveness, and redundancy.

Resilience

Learning Economic Resilience From Nature’s Example

Sustainable economic organizations and individuals are microcosms of sustainable economies and must possess the same characteristics if they are to function sustainably.

A national or global society in which some prosper while others live in poverty or starve is inherently unstable and unsustainable. Economic sustainability is no less dependent on social relationships than on ecological relationships. Economic sustainability ultimately will require radical rethinking, redesign, and reorganization of economies to reflect the paradigm of healthy living systems.

John_Ikerd

The Essential Characteristics of Economies — And How They [Could] Drive Sustainability

Advertisements

Comments are closed.