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Ethical Mastery of Innovative Technologies


  • Broche, Serban

    (Center for Complexity Study)

  • Munteanu, Costea

    (Center for Complexity Study)


In this paper we present an alternative bio-epistemological-based approach to economic ethics issues, which suggests that economists need not only an understanding of the ecosystem in terms of irreversibility, but even more an understanding of the way the process in ecosystem make actual the principle of ameliorative equilibration. This means that among many technological innovations that extend the field of the possibilities only those that prove to be integrative and able to ameliorate the adaptation process will be chosen and preserved. In our view, only this type of prospective approach could be considered ethical as it realizes the principle of ameliorative equilibration and harmonizes the technological innovation process with the process of the ecosystem.

Suggested Citation

  • Broche, Serban & Munteanu, Costea, 2006. "Ethical Mastery of Innovative Technologies," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 3(3), pages 26-38, September.
  • Handle: RePEc:rjr:romjef:v:3:y:2006:i:3:p:26-38

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    References listed on IDEAS

    1. Thoben, H, 1982. "Mechanistic and Organistic Analogies in Economics Reconsidered," Kyklos, Wiley Blackwell, vol. 35(2), pages 292-306.
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    More about this item


    social cooperation; biophysical constraints; negentropic rocess; ameliorative equilibration; vection; cross-disciplinary research.;

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • B59 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Other
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics


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