There is a stark disconnect between the current economic system and real-world issues. As the global economy expands, so do its associated problems. The prevailing economic model, centered on endless material growth, consumption, and profit maximization, threatens the ecological balance of our planet.

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Current Economic System and the Real-World Problems: A Reflection

  • V. Ratna Reddy,
  • Bhagirath Behera

摘要

There is a stark disconnect between the current economic system and real-world issues. As the global economy expands, so do its associated problems. The prevailing economic model, centered on endless material growth, consumption, and profit maximization, threatens the ecological balance of our planet.