A Paradox of ‘Sustainable Development’: A Critique of the Ecological Order of Capitalism

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This chapter discusses the role of energy production in the global capitalist economy and its relationship to the Sustainable Development Goals (SDGs), with particular focus on SDG 8 – ‘Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all’ – and SDG 12 – ‘Ensure sustainable consumption and production patterns’. It achieves this by first introducing the Club of Rome report the Limits to Growth which utilised a system dynamics computer model to simulate the interactions of five global economic subsystems (population, food production, industrial production, pollution and consumption of nonrenewable natural resources) (Meadows, Meadows, Randers, & Behrens III, 1972), the results of which posed serious challenges for global sustainability, to better understand and contextualise unconventional (also referred to as ‘extreme’) and ‘renewable’ energy production as examples of the paradoxical nature of sustainable development in the global capitalist economy. Demonstrating that unconventional energy production methods are much less efficient, more carbon intensive, more environmentally destructive and just as unsustainable, and that renewable energy relies on the extraction of nonrenewable natural resources such as lithium that result in similar environmental and social issues, this chapter will interrogate this and ask the question – is the capitalist system in its current form capable of making ‘sustainable development something more than the oxymoron it appears?’.

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CitationsShowing 10 of 11 papers
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Reforming Islamic financial standards for inclusive and sustainable development: a Maturidi creed perspective on behaviour, equity and justice
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Purpose This study aims to investigate how Islamic financial standards can be reformed to better promote equity, justice and inclusion in support of sustainable development. Drawing upon the Maturidi creed, which emphasizes rationality, ethical conduct and moral responsibility, the research seeks to realign Islamic finance with the foundational objectives of Shariah, fostering a just and inclusive economic system. Design/methodology/approach The research adopts a systematic literature review (SLR) following the PRISMA protocol, analysing peer-reviewed literature from 2012 to 2023. Text-mining techniques, including topic modelling and heatmap analysis using Python, were employed to uncover key themes and trends related to Islamic finance reform and its intersection with sustainable and inclusive development. Findings The study identifies critical pathways for enhancing equity and justice within Islamic finance. Key themes include the role of Islamic FinTech in improving financial inclusion, the need for regulatory innovation to support underserved communities and entrepreneurs and the integration of Maqasid al-Shariah to ensure fairness and sustainability. The findings emphasize the behavioural transformation needed to shift from profit-centric capitalism towards a more inclusive and ethically grounded financial system. Research limitations/implications This study is limited to secondary data and literature published between 2012 and 2023. Further empirical research is needed to validate these insights in diverse regional and institutional contexts. Practical implications Policymakers and practitioners are provided with a faith-based yet forward-looking framework to reform financial systems, making them more inclusive and just. The integration of theological ethics into financial governance offers tools to combat inequality and promote responsible economic behaviour. Social implications By advocating for values-driven financial practices, this research contributes to broader societal goals, including poverty reduction, equitable wealth distribution and social cohesion. It aligns closely with the United Nations Sustainable Development Goals (SDGs), particularly SDGs 1 (No Poverty), 8 (Decent Work and Economic Growth) and 10 (Reduced Inequality). Originality/value This paper presents a novel interdisciplinary approach by bridging Islamic theology, behavioural economics and sustainable development. The use of the Maturidi perspective provides a unique ethical and rational foundation for reforming Islamic finance to better serve the goals of equity, justice and inclusion.

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Radical reflexivity, experimental ontology and RRI
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  • Journal of Responsible Innovation
  • Robert Braun

ABSTRACT RRI does not challenge what this paper calls ‘lyseology’: mobilizing science to convince policy makers and the public that the present possesses some form of lack that should be addressed with a new technology. For a sustained critique of technological fixes as solutions a more radical shift from the persistent old view of a static outside world is required. This entails a process-based understanding of reality and specific consequences thereof for practice. To do so the paper offers an analysis of in what manner current RRI discourse builds on old subject-object ontologies and relies on an outdated worldview. The paper suggests possible pathways of conceiving of research and innovation otherwise: RRI should reorient towards the ontology turn, learn from ethnomethodology and radical reflexivity, as well as from the politics of material participation. This paper proposes that research and innovation should engage with quantum theory inspired alternative worldviews.

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Capturing the environment, security, and development nexus: intergovernmental and NGO programming during the climate crisis
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  • Imogen Richards

ABSTRACT While patterns of non-state political violence in the Global South have for two decades been associated with the chronic and acute impacts of ecological-environmental stress, violent and hateful extremist actors in Northern states are less often recognised for exploiting political responses to climate change. This article argues that relationships of reciprocity and interdependence between disparate violent actors in the Global North and South pertain in part to their geographical divides, reflected in developmental histories and contemporary responses to climate change. To develop this argument, the article first extends a multidisciplinary literature review of critical perspectives on intergovernmental responses to the ‘environment-security-development’ nexus. Through a case study analysis, it then emphasises the structural, economic and environmental challenges associated with non-government organisational programming for violence prevention, accounting for ecological-environmental risks. It lastly presents an empirical research base on contemporary trends in political violence within Global North and South contexts pertaining to violent actors’ reception of histories of development and the natural environment.

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Purpose: Integration of ICCT underlying technologies and big data technology to develop a new kind of Business analytics that can be used to solve semi-structured and unstructured problems of various industry sectors i.e., primary, secondary, tertiary, and quaternary industry sectors. The new study is known as Tech-business analytics (TBA). The goal of this study is to better understand the idea of TBA and how it influences a company's innovation outcomes. Design/Methodology/Approach: The originality of business analytics products/services in many industries is based on how business analytics is directly influenced by data-driven culture, but product/service importance is influenced indirectly by environmental scanning, which is further influenced by the usage of ICCT underlying technologies. Through a comprehensive review, analysis of the existing state, anticipating ideal/desired status, identifying research gaps, and analysing of research objectives in business analytics, this have developed a new concept of Tech-Business Analytics in this work. The paper also examines the importance of Business Analytics (BA) and how to predict the importance and applications of projected business analytics in future business sectors using the ABCD analytical framework. Findings/Result: This review based a new concept of integrated technology that combines ICCT underlying technologies with big data leads to a new model of tech-business analytics for improving the performance of different industry sectors. With all the resources, templates, technologies, opportunities, and capabilities of integrating Data science with other ICCT underlying technologies, Tech-business analytics will a paradigm shifter with a lot of potentials in solving industrial problems. Originality/Value: The new model of tech-business analytics is developed which is a review-based new concept opportunity for improving Industry Performance in Various Industries. A generic architecture is also developed, which looks at Tech Business Analytics in Primary, Secondary, Tertiary, and Quaternary industry sectors and is useful for research for technical efficiency improvement purposes. Paper Type: Exploratory research.

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  • 10.3389/fenrg.2023.1268903
Renewable energy consumption and business density as drivers of sustainable development
  • Oct 30, 2023
  • Frontiers in Energy Research
  • Renzhi Zheng + 3 more

The East Asia and Pacific region have witnessed significant economic growth in recent decades, leading to improved living standards and increased energy consumption. However, this rapid development has also resulted in environmental degradation and heightened concerns about climate change. In response, countries in the region have been increasingly focusing on sustainable development, with renewable energy consumption and business density emerging as key drivers. Given this background, this research empirically examines the impact of entrepreneurship and clean technology on sustainable development in East Asia and the Pacific region. To control for endogeneity, the study applied system the Generalized Method of Moments (SGMM) for the data sourced from the World Development Indicators of the World Bank for the period 2015–2021. The finding indicates that both entrepreneurship and clean technology have an adverse significant impact on sustainable development in the East Asia-Pacific region. When the regions were analysed individually, the results revealed that both entrepreneurship and clean technology have a negative substantial effect on sustainable development in East Asia, but not in the Pacific region. The study concludes that entrepreneurship and renewable energy by themselves would not result in sustainable development, except some certain conditions are met. The positive impacts of entrepreneurship and renewable energy on sustainable development can only be attained when the nature, location, and practices of new businesses are low carbon in nature.JEL Classifications: Q01, Q42, Q56

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Abstract In 2020 and 2021, the entire evolution of human society is under the sign of a paradox, of the adversity of events, coming in avalanche. The tourist evolutions themselves suffer the imprint of the paradox. These paradoxes urgently require new paradigms, the famous ‘paradigm shifts’, mentality, optics, action. The purpose of this research is to outline the main aspects of the research problem and diagnose the situation, with focus on identifying hypotheses for future descriptive or causal research as well as to explore the reasons, attitudes and values of the paradigm and paradox, which differentiate the two notions approached: testing new concepts of forecasting, a product specific to the destination under analysis and in identifying other viable, sustainable alternatives and their analysis in parallel with modelling and promoting new ideas of tourism products or services, respectively improving the existing ones. This article aims to capitalise on the paradox, already successfully applied in economics by the author of the method and in shaping and delimiting ecotourism (in particular the ecotourism from the destination Ţara Haţegului – Retezat), emphasising the role of self-contradiction of the field, through a specific type of economic reasoning, in which the rapid evolution of tourism risks are becoming its own cause of its disappearance, knowing that too much tourism kills tourism. Responsibility and the mesological spirit are the only ways to counteract the paradox phenomenon, even a paradigm in the metamorphosis of ecotourism.

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  • Journal of Lifestyle and SDGs Review
  • Nguyen Nhu Ha + 1 more

Objective: This study examines the role of customs cooperation in trade facilitation within the ASEAN region, with a particular focus on its alignment with the Sustainable Development Goals (SDGs). Specifically, the research aims to analyze the impact of ASEAN’s customs integration initiatives on regional economic growth (SDG 8), cross-border trade efficiency, and sustainable industrial development (SDG 9), while emphasizing the role of international and regional partnerships (SDG 17) in strengthening trade governance. Theoretical Framework: The study is grounded in international trade law and regional economic integration theories, emphasizing the role of regulatory cooperation in trade facilitation. It draws upon WTO’s Trade Facilitation Agreement (TFA), the World Customs Organization (WCO) standards, and ASEAN’s legal instruments governing trade and customs procedures. The SDG framework is utilized to evaluate the broader socio-economic and environmental impacts of trade facilitation, with a particular emphasis on its contribution to inclusive economic growth (SDG 8), industrial development and innovation (SDG 9), and global trade partnerships (SDG 17). Method: A qualitative research approach is adopted, utilizing legal and policy analysis of ASEAN trade facilitation agreements, reports from international organizations, and empirical studies on regional trade efficiency. Comparative analysis is employed to assess the disparities in customs infrastructure, digitalization, and regulatory alignment among ASEAN member states, highlighting how these factors influence the achievement of sustainable industrialization (SDG 9) and the facilitation of cross-border trade partnerships (SDG 17). Results and Discussion: The findings indicate that ASEAN’s customs cooperation mechanisms have significantly streamlined cross-border trade procedures, reducing transaction costs and improving regional economic integration. These advancements have enhanced economic productivity and job creation (SDG 8) and supported the modernization of trade-related infrastructure (SDG 9). However, challenges persist, including legal inconsistencies in customs regulations, disparities in digital capabilities among AMS, and institutional barriers arising from ASEAN’s consensus-based decision-making model. These limitations hinder the full implementation of paperless trade initiatives and the efficiency of customs data exchange, restricting ASEAN’s ability to foster strong international trade partnerships (SDG 17). Research Implications: The study highlights the necessity for ASEAN to develop a harmonized legal framework for cross-border data flows, enhance digital infrastructure in less-developed AMS, and advance the legal unification of customs regulations. Strengthening institutional agility in ASEAN decision-making is also critical for expediting trade facilitation reforms. These recommendations are essential for enhancing economic opportunities (SDG 8), promoting digital and industrial innovation (SDG 9), and fostering a more integrated and rules-based multilateral trade system (SDG 17). Originality/Value: This research contributes to the literature by providing a comprehensive legal and policy analysis of ASEAN customs cooperation in the context of trade facilitation and sustainable development. By integrating trade law principles with sustainable economic growth (SDG 8), industrial modernization (SDG 9), and global trade partnerships (SDG 17), the study offers valuable insights for policymakers, trade negotiators, and businesses engaged in ASEAN’s economic integration.

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  • Research Article
  • 10.37284/eajbe.7.1.1986
Sustainable Human Resource Management and Sustainability: A Survey on Nairobi Securities Exchange Listed Companies, Kenya
  • Jun 13, 2024
  • East African Journal of Business and Economics
  • Hellen W Sang

According to IISD (International Institute for Sustainable Development) “sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs’’. However, many organizations focus on short-term profits while the contribution of human resource management towards sustainable development is pushed to the margins. Intensive labour practices, poor working conditions and poor work systems in Kenya are some of the issues that have been found not to contribute towards sustainability in organizations and in keeping with the 8th sustainable development goal of Promoting “sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all”. Lack of focus on sustainable human resource management practices will make it difficult for Kenya to achieve Vision 2030 as well as the Sustainable Development Goals (SDG-goals). Sustainable Human Resource management focuses on managing the people resources in an organization so as to achieve long-term sustainable goals that not only benefit the organization but also the society and the environment at large. This Paper is a literature review and analysis on sustainable Human Resource Management and its benefits to the employees, their families and society at large by exploring sustainable HR practices, sustainable work systems and sustainable resource management that also provide for the sustainable performance of organizations in keeping with the need for corporate sustainability. The paper also explores reporting on sustainable HRM practices as part of corporate sustainability reporting in Nairobi Securities Exchange-listed firms

  • Research Article
  • 10.1111/1477-8947.12578
Toward environmental sustainability: Is responsible consumption and production of natural resources amid green energy, green technology, and green finance achievable?
  • Nov 9, 2024
  • Natural Resources Forum
  • Yan Gu + 4 more

The relentless devastating impacts of global warming and other climate change effects leading to incessant ecological damages have compelled governments across the globe to rethink the pattern of natural resource depletion. This has motivated policymakers, governments, international organizations, and research pundits alike to advocate for a transition to sustainable consumption and production of natural resources. Consequently, there is a growing call for sustainable production and consumption practices, as outlined in Sustainable Development Goal 12 (SDG‐12). This research probes how natural resource production and consumption facilitate or hinder environmental sustainability in G7 economies from 1996 to 2020. The empirical evidence incorporates green energy, green technology, green finance, environmental tax, financial development, economic growth, and population as control variables within the STIRPAT theoretical framework. Second‐generation estimating techniques are utilized for empirical verification. An outstanding contribution of this study among others is the estimation of the moderating effects of green energy in mitigating the ensuing impact of natural resources on environmental sustainability. The results indicate that both production and consumption of natural resources, particularly coal and oil negatively affect environmental sustainability. Furthermore, green technology, energy, and finance as well as environmental tax are found to play a crucial role in promoting environmental sustainability. Green technology plays significant part in subduing the deteriorating effects of natural resources on the ecosystem. The robustness analyses further buttress the main analyses. Policy recommendations are proposed based on the empirical results.

  • Research Article
  • Cite Count Icon 4
  • 10.18510/hssr.2021.9245
SUSTAINABLE DEVELOPMENT GOALS CHALLENGES AND STRATEGIES FOR SOUTH ASIAN COUNTRIES
  • Apr 27, 2021
  • Humanities & Social Sciences Reviews
  • Muhammad Reehan Hameed + 4 more

Purpose of the study: Sustainable Development Goals (SDGs) proposed by the United Nations (UN) in 2015 comprising a universally acceptable worldwide development agenda which each country of the world has to achieve till 2030. The purpose of this study is to examine the socio-economic and political transformational challenges confronted to South Asian Countries (SA) i.e. Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka, in achieving the targets of Sustainable Development Goals (SDGs). Methodology: The study uses different statistics of World Bank, International Monetary Fund (IMF), World Health Organizations (WHO), and Food and Agriculture Organization (FAO) to give a comprehensive picture of South Asian economies and the challenges which they are currently facing for achieving the targets of Sustainable Development Goals (SDGs). In our preliminary analysis, the methodology highlighted the issues of South Asian Countries such as poverty (SDG 1), healthy lives and well-being (SDG 3), inclusive and equitable quality education (SDG 4), sustained, inclusive, and sustainable economic growth, full and productive employment and decent work for all (SDG 8)". Principal Findings: The statistics presented regarding South Asian economies exhibit a dismal picture. At present, the attainment of these stipulated goals seems impossible and remains elusive if some serious measures have not been taken. The role of DCs and the world community as a whole is significant in this regard. To save the planet from extreme poverty, hunger, malnutrition, equitable access to modern technology, improved education and health for all human beings, the developed countries should give at least one percent of their GNP in the form of development assistance to poor countries. The study suggests that good governance that could undertake and implement structural reforms is necessary to deal with the challenges confronting to South Asian countries in achieving the targets of these stipulated goals. More importantly, the Developed Countries (DCs) started to implement their strategies to view SDGs' targets. Now it is a dire need that DCs should assist the Under Developed Countries (UDCs) and help them from their experience in identifying the transformational challenges which they possibly have to face in achieving SDGs' targets. Otherwise, it looks impossible for the UDCs to come up with these targets till 2030. Applications of this study: The study highlighted some key challenges that South Asian countries face to achieve the targets of Sustainable Development Goals (SDGs). The study outcomes can prove very much helpful for South Asian countries for achieving these targets and devising thriving economic policies generous to attaining their targets till 2030. Novelty/Originality of this study: This study gives a brief picture of the current position of the South Asian countries where they stand regard to Sustainable Development Goals' targets. Moreover, the results and policy recommendations presented at the end of the study provides help to deal with the challenges that are big hindrances in achieving the targets of these SDGs.

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