A Holistic Approach to the Management of Human Consumption Towards an Economics of Well-Being

5th International Conference on Urban Sustainability, Cultural Sustainability, Green Development, Green Structures and Clean Cars, Florence, Italy 2014

6 Pages Posted: 8 Nov 2014 Last revised: 12 Dec 2014

Gandolfo Dominici

Università di Palermo

Vasja Roblek

affiliation not provided to SSRN

Date Written: November 22, 2014

Abstract

The goal of this conceptual paper is to draw attention to the problems caused by the rapid growth of the global economy, coupled with high population growth and excessive exploitation of natural resources. It is necessary to be aware that the global economy will not be able to grow at the actual speed in the long term. A paradigm shift in production and consumption is therefore necessary to avoid the collapse of ecosystems and the concurrent reduction of stocks of natural resources. This is the reason why capitalism has to take a new direction towards a sustainable and naturally harmonized development model.

Keywords: Consumption, Economic development, Natural resources, Sustainable development, Welfare

JEL Classification: O13, I31, I38

Suggested Citation

Dominici, Gandolfo and Roblek, Vasja, A Holistic Approach to the Management of Human Consumption Towards an Economics of Well-Being (November 22, 2014). 5th International Conference on Urban Sustainability, Cultural Sustainability, Green Development, Green Structures and Clean Cars, Florence, Italy 2014. Available at SSRN: https://ssrn.com/abstract=2520065

Gandolfo Dominici

Università di Palermo ( email )

Viale delle Scienze
Facoltà di Economia
Palermo, PA 90128
Italy

Vasja Roblek (Contact Author)

affiliation not provided to SSRN

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