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Material And Informational Synergy For Sustainable Prosperity

Madan Mohan, TR (2002) Material And Informational Synergy For Sustainable Prosperity. In: 1989 Delicate Balance: Technics, Culture and Consequences, 20-21 Oct 1989.

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The quest for prosperity has been a central motive in the life of man from the moment of his entrance into the worldly scence. And certain, it is that the issue of prosperity at the very cost of his very existence has mounted in intensity and urgency with the unforeseen evolution of industrialization. The traditional paradigm of prosperity has been resting on the classical theory of production economics.With increasing empiricism it is obvious that the rational model fail to grapple with the complexity of the concept. The paper addresses the prosperity as an goal state resting on the conviction of harmony between present generation and generation of humans to come. Sustainable prosperity involves more than growth in services/goods. It requires a change in the content of the growth, to make it less material-and energy-intensive and more equitable in its impact. The process of economic prosperity must be more soundly based upon the realities of the stock of capital that sustains it.

Item Type: Conference Paper
Publisher: IEEE
Additional Information: Copyright 1989 IEEE. Personal use of this material is permitted. However, permission to reprint/republish this material for advertising or promotional purposes or for creating new collective works for resale or redistribution to servers or lists, or to reuse any copyrighted component of this work in other works must be obtained from the IEEE.
Department/Centre: Division of Interdisciplinary Sciences > Management Studies
Date Deposited: 27 Dec 2011 08:48
Last Modified: 27 Dec 2011 08:48
URI: http://eprints.iisc.ac.in/id/eprint/42827

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