Planting the seeds for a new world economy

Robert Costanza.
Robert Costanza.
The world's foremost ecological economist will use a report launch at ANU today to call for a sustainable alternative to our current economic system. Professor Robert Costanza of the ANU Crawford School of Public Policy says the world's insatiable consumerism is unsustainable because of the planet's natural limits, and warns that we urgently need a new model. He outlines his alternative - one based in ecological economics - in his contribution to the State of the World Report . The annual Worldwatch State of the World Report will be launched in Washington DC on Tuesday evening. "There is a substantial and growing body of research on what contributes to human well-being and quality of life. It clearly demonstrates the limits of conventional economic income and consumption's contribution," Professor Costanza said. "This isn't a utopian fantasy.
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