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Peer-reviewed articles in economics, finance, public policy, and sustainable development.

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Theoretical and Applied Economics
No. 1 / 2006 (496)

The Deadlock of Sustainable Development

Mircea Dutu
Universitatea Ecologica Bucuresti

Abstract. The offensive of “total capitalism” and the worsening of global ecological problems sharpen the concern to identify and promote new development directions capable to make compatible its four essential dimensions: economic, social, environmental, and cultural. In front of the announced failure of the “sustainable development” concept due to the conversions of its meanings, a concept stated with great expectations of success more than a quarter of a century ago, new perspectives are sought to overcome the deadlock. The thesis of a society of decrease (which requires exit-ting the capitalism) or that of sustainable decrease (made possible by mitigating the over-consumption and over-production trends) are among the radical approaches. In order to solve this problem in the context of maintaining the capitalistic project, three other concepts are put forward: the sustainable adaptability, the eco-compatible capitalism, and the society of moderation. Eventually, the most radical option is formulated by E. Morin: to abandon the “development” term and to overcome its imperfections by assuming two fundamental ideas: a policy of humanity combined with another one of planetary civilization. Anyhow, a new paradigm of evolution is absolutely necessary.

Keywords: sustainable development; total capitalism; society of moderation; adaptability; eco-compatible capitalism.

Contents

Un punct de sprijin
Marin Dinu
1

Limits of Inflation Targeting Strategy

Cristian Socol · Aura Niculescu

2

Measuring the Company Performance

Ion Stancu

3

Higher Economic Education System. A Postindustrial Approach

Ion Gh. Rosca

4

Short-run and Current Analysis Model in Statistics

Constantin Anghelache · Alexandru Isaic-Maniu · Constantin Mitrut · Vergil Voineagu

5

The Structural Convergence of the Romanian Economy. Comparative Analysis

Marius-Corneliu Marinas

6

„Uthopia – The Castle with Dreams and Hopes”

Dan Popescu

7

Testing the Informational Efficiency on the Romanian Financial Market

Bogdan Dima · Marilen Pirtea · Aurora Murgea

8

The Knowledge Economy – New Economy?

Niculae Niculescu

9

The Evolution of the Romanian Capital Market – Limits and Performances

Gabriela Anghelache

10

Human Resources and the Competitive Organizational Management

Viorel Lefter

11

Re-spiritualization in the Changing Process by Creativity, Responsability, Hope

Constantin Popescu

12

A New Approach in Rentability and Capital Risk Management

Leonardo Badea

13

A New Agenda for Economic Science

Ion Bucur

14

Asymmetrical Information and Uncertainty on the Capital Market

Petru Prunea

15

Economic Growth Models Transition

Coralia Angelescu

16

Challenges in Global Economy

Nicolae Danila

17

Public Economy versus Planned Economy. Current Approaches and Problems

Ani Matei

18

The Deadlock of Sustainable Development

Mircea Dutu

19

The Dichotomy Real – Nominal in Romanian Economy Evolution

Gheorghe H. Popescu · Elvira Nica

20

The Rational Relevance of the Diffuse Paradigms

Marin Dinu