Saving the economic system
by Martina Pfarrhofer
International Journal of Foresight and Innovation Policy (IJFIP), Vol. 13, No. 3/4, 2018

Abstract: The economic system is facing troubles and so are the human race and many other species. The differentiated economic system developed in a way that stands in contradiction to the ecological system. While the ecological system mostly functions in cycles, with flows and stocks of mass and energy, the economic system has been characterised by terms like unlimited growth and maximisation of profits for the last centuries. The differences between the systems lead to negative effects, e.g., climate change, which can no longer be ignored. This article displays some paths that could be taken to resolve the discrepancies by applying basic principles of systems theory by Niklas Luhmann. Systems theory allows thinking out of the box and this is what is needed to save the economic system as well as its surrounding.

Online publication date: Tue, 18-Dec-2018

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Foresight and Innovation Policy (IJFIP):
Login with your Inderscience username and password:

    Username:        Password:         

Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email