IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this article or follow this journal

After Crisis? The Only Way: Economics for Sustainable Development

  • Mestwin Stanis³aw Kostka

    (University of Finances and Management in Bia³ystok, Poland)

Registered author(s):

    The aim of the paper is to justify why contemporary economics must be reoriented from the direction of Economic Growth to the direction of Sustainable Development. Human society is at a deadly curve. The Economic crisis is only one slice of Gordon’s Knot of Crises of our Civilization. The Economy is facing system challenges without precedence. Reasons for this situation are different fetishes of present positive and normative economics. The author explores the main aspects of diagnoses, prognoses, analyses, assessments, and present solutions concerning economy. Of fundamental importance are: the essence of the global crisis, new challenges facing Western civilization in the near future, and fundamental misunderstandings in the proposed solutions of crucial problems. The one chance for an adequate solution to the critical situation is the Strategy of Sustainable Development. In Poland this strategy is absent in mainstream economics as a theory of economy and as the foundation of rational policy. It concerns a very broad front of economic sciences and economic technologies. Economic academic education is also not adequate to the very serious situation facing graduates in the future. Consciousness, knowledge and abilities of economic professionals are good for the past, not for the nearest future. In Poland, an additional problem is a lack of common economic academic education in English. Present economics and economy must be verified with many original (not translated) settlements and conclusions concerning sustainable development from economics and from other sciences and from reality outside economy. Of crucial importance have been settlements and conclusions of ecology and of sociology on the basis of information technologies.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL: http://www.equilibrium.umk.pl/plikidopobrania/2011_1_kostka.pdf
    Download Restriction: no

    Article provided by Uniwersytet Mikolaja Kopernika in its journal Equilibrium. Quarterly Journal of Economics and Economic Policy.

    Volume (Year): 6, Issue 1 (2011)
    Issue (Month): ()
    Pages: 41-56

    as
    in new window

    Handle: RePEc:cpn:umkequ:2011:v1:2
    Contact details of provider: Web page: http://www.wydawnictwoumk.pl

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:cpn:umkequ:2011:v1:2. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Miroslawa Buczynska)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.