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Sustainable Earnings for a Resilient Economic System

In: Sustainable Earnings in a Resilient Economic System

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  • Aurelie Charles

    (University of Bath)

Abstract

What makes an economic system resilient? It is one that first recognises the role of group behaviour in financial accumulation and manages to redirect its excesses where needed. This Chapter therefore look at the bubbling effect of group accumulation affecting the resilience of the entire system of financial flows, before describing how to improve the fluidity and resilience of the system. Applying such understanding to the Sustainable Development Goals, I then go on to look at the local and national governance systems necessary to facilitate a fluid and resilient system or resource and financial flows. Whether improving the fluidity and resilience of the entire system of financial flows occur would depend on taking ‘groupism’ rather than ‘individualism’ seriously in policy-making. Ironically enough, it is also an individual task for each of us to go back to the point of experienced utility in decision-making: sensing the ecological context of decision-making to trigger the individual responsibility of one’s ecological footprint.

Suggested Citation

  • Aurelie Charles, 2024. "Sustainable Earnings for a Resilient Economic System," SpringerBriefs in Economics, in: Sustainable Earnings in a Resilient Economic System, chapter 0, pages 69-82, Springer.
    • Handle: RePEc:spr:spbchp:978-3-031-67573-7_4
    DOI: 10.1007/978-3-031-67573-7_4
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