Sustainability - fad or necessity

Abstract

The current development stage of the world economy is characterized by a series of transformations with a major impact on life on Earth. Today, we are benefiting from the advantages of the progress achieved so far, but we are also facing a number of problems caused by the limitation of natural resources, pollution, global warming etc., as well as many unknowns arising from the development of technology and research. For this reason, this whole development process will have to be carried out with more caution, less waste and with respect for all the measures adopted to protect the environment. The whole approach involves a descriptive and comparative analysis of the current process of socioeconomic development with the aim of identifying, raising awareness and managing potential threats to the coexistence of the biosphere and human civilisation. The originality of the study lies in the use of current information on the subject, obtained from various sources, such as competent bodies, the media and specialist literature. By drawing attention to the devastating effects that intensive and irresponsible development with a multitude of unknowns can have, the aim is to sound a serious alarm before it is too late. Terms such as responsibility, prudence, vigilance, sustainable development should not be missing from any management plan, both at company and macroeconomic level.