Sustainability and economic de-growth

A major problem that permeates human development today are the limits that the Earth’s ecosystem imposes on efforts to persist in an increasing economic growth. With the end of the Cold War the
environmental issue gained relevance but the economic interests still speak louder. The pattern of development based on the model of the Industrial Revolution still remains and is structured as unsustainable. But this unbridled growth resulted in speculative bubbles and crises which further harm the ecosystem and do not cooperate in a sustainable and more equitable society. Michael Renner of World Watch Institute says: "In general, environmental governance was relegated to the sidelines in search of economic globalization driven by corporate interests – a process that has been marked by
deregulation and privatization and the relative weakening of political institutions national "(Renner, 2012).

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