Sustainable Earnings for a Resilient Economic System

Aurelie Charles
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Aurelie Charles: University of Bath

Chapter Chapter 4 in Sustainable Earnings in a Resilient Economic System, 2024, pp 69-82 from Springer

Abstract: Abstract What makes an economic system resilient? It is one that first recognises the role of group behaviour in financial accumulation and manages to redirect its excesses where needed. This Chapter therefore look at the bubbling effect of group accumulation affecting the resilience of the entire system of financial flows, before describing how to improve the fluidity and resilience of the system. Applying such understanding to the Sustainable Development Goals, I then go on to look at the local and national governance systems necessary to facilitate a fluid and resilient system or resource and financial flows. Whether improving the fluidity and resilience of the entire system of financial flows occur would depend on taking ‘groupism’ rather than ‘individualism’ seriously in policy-making. Ironically enough, it is also an individual task for each of us to go back to the point of experienced utility in decision-making: sensing the ecological context of decision-making to trigger the individual responsibility of one’s ecological footprint.

Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spbchp:978-3-031-67573-7_4

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DOI: 10.1007/978-3-031-67573-7_4

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