The Sustainability in Economics as a Key for Future Prospects

Abstract

There must be a balance position, a point where the potential and possible harmony can be established between humankind and Nature in terms of development. It should be considered that the human development along the economic path is an absolute and primary need, and this because growth also means well-being and solidarity, but above all, a good growth gives a boost to the progress of science and research. Over time, science will lead us to an absolute compatibility with the environment and in the meantime, we are offered the possibility of minimizing the damage inflicted on Mother Nature. To correct those damages, the conjuncture cycle inserts the recession into the phases of development. The recession i.e., essentially a periodic pause, is necessary to allow nature to digest the excess waste produced by human activities. Moreover, there is the possibility of a serious alteration in the development process during which we can witness the occurrence of monetary alterations (inflation and deflation), which are anyway nothing more than messages sent by nature to the community. The collectivity must in fact realize that the economic train has derailed from the right and linear path. With these premises, we can sustain that the magical balance that brings the values of optimal development and those of the cost of living closer to 2% is a weak approximation of the lasting and constant balance that the economy would achieve in the event, now still away, of a realized neutrality of our presence on the planet. Even while waiting to achieve the stability of our relationship with nature, we can therefore maintain a condition of relative stability, which consists of a linear growth limited to 2% - 2.50% on annual basis, with a long- lasting feature if at the same time the principle of the least possible damage to the environment is respected. A magic combination therefore that contextually may see the convergence of development of economy with the constant value close to 2%, which ensures the potential stability of the relationship with the natural world. This constant value is close to 2%, that is indicated by the Central Banks as equilibrium of economy condition, be considered a constant universal as the great universal constants of physics and matter. At last, how to explain the accelerated pace that some territories have shown over the centuries like, last China. Some indication tells us that the accelerated pace in development may not be a symptom of a good government and good relationship with Nature.