Economic Development Must Prioritize Ecological Sustainability for Future Prosperity
The article discusses how sustainable development involves balancing economic growth with environmental protection. It traces the evolution of this concept from Malthus to modern economists like Boulding. The key idea is that economic activities need to be more eco-friendly to ensure long-term prosperity for both people and the planet. This requires changing priorities and approaches in all sectors of the economy to promote growth while safeguarding the environment.