Some Considerations on Sustainability Issue in the Economic and Social Sectors

Abstract

To be implemented and investigated, according to the rules of a good relationship with nature, the sustainability must be equipped with a theoretical scheme that will help to understand the dynamics of this relationship and the opportunities offered in order to improve the economic system development. It’s essentially about recognizing that, just like physics, also the economy is subject to some general and abstract rules. This is the case of the inflation base value which the Central Banks have defined as a value close to 2%. So, if the economy moves along the track indicated by this value, we have the confirmation that growth is properly developing. This base value for inflation is defined implicitly without any clear specification. We can therefore admit that it’s an ideal value like the great universal constants, which gives us some information about an economic system that is developing according to the rules of natural computability. According to this point of view, the base inflation close to 2% is essentially utopian, because it can only be achieved if the whole economic growth moves in full harmony with the nature around us. It follows that even if we could actually verify the realization of a base value close to 2%, in reality we aren’t in the best conditions at all, especially if the global economy is affected by deflation as today. The deflation, that is the falling price trend, is part of the complex messages that both nature and economic systems send to warn that the economy is worsening and becoming unstable. Both inflation and deflation are messages that never contribute to the economic development. A messaging complex that starts and evolves in parallel with the rising of economic cycle inside the daily activity. In summary, a mechanism that has the responsibility, by imposing pauses on the system, to reduce the instability of the systems in order to facilitate the return to the natural development condition (i.e., to a relative compatibility). A correction system based on the conjuncture that is obviously quite different from the stability world, in which the economy grows and develops with a linear and constant inclination depending on differentials.