Towards Sustainable Local Development

Gerardo Rivera Ungson and Sixto K. Roxas

Chapter 10 in From Alleviation to Empowerment:Ruminations on Poverty, Capitalism, and Communities, 2026, pp 229-252 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Sustainability is generally interpreted to ensure that future generations are able to meet their needs and not harmed, impaired, or disadvantaged by actions taken at the current time. Hence, “sustainability” has been broadly applied to redress climate change, ecological degradation, poverty, and even governance. Sustainability has been embraced by enterprises, governments, institutions (United Nations), nongovernmental organizations, social activists, and entrepreneurs. Nevertheless, sustainability based on current conventions can be limited when applied to communities. We argue that a community is not just a collectivity bounded by shared beliefs but includes a more expansive habitat, covering the broader jurisdiction of villages and its surrounding natural environment…

Keywords: Poverty; Poverty Alleviation; Poverty Eradication; Inter-generational Poverty; Environmental Degradation; Sustainable Development; Community Empowerment; Social Accounting; Human Settlements; Development Economics; Unsustainable Development; Ecological Sustainability; Capitalism; Free Market; Economic Orthodoxy; Classical Economics: Marx; Radical Economics; Bretton Woods; Sectoral Development; Sectoral Specializations; Neo-liberalism; Enterprise Management; Modern Corporation; Modern Enterprises; Microfinance; Entrepreneurship; Social Enterprises; Capacity Building; Conditional Cash Transfer; Mainstream Growth Theory; Biogenesis; Mechanistic Worldview; Jurgen Habermas; Spectrum of Consciousness; Communitarian Movement; Moral Capitalism; Humane Economy; Enterprise Logic; Communitarian Logic; Ekistics; Enterprise Accounting; Community-based Accounting System; Social Accounting; Valuation (search for similar items in EconPapers)
JEL-codes: I32 O15 O18 Q01 (search for similar items in EconPapers)
Date: 2026
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