Session 15- Economic Sustainability.

Heywood in this week’s reading brushes upon the economy, the society and how they are interlinked, in almost every aspect when one needs to see the efficacious running of the society. While almost every political ideology, every political faction plays its game on the basis of economic development, a very important concept many fail to understand is the concept of saving ones resources from getting depleted and economic sustainability.  

In the race to be the most economically efficient nation or the most economically driven benefactor, many forget the importance of saving resources in the long run. The concept of limited resources and unlimited wants is the most primary concept that is taught to individuals and one needs to realize that the resources in the world are limited. One day, everything is bound to run out and in this selfish race to accumulate economic dominance; every one is forgetting the destructive effects this will have in the long run. Just for current satisfaction and performance, we are greatly hampering the survival of the future society. Economic sustainability is what we should aim for, the ability to keep yourself safe and running in the near future, not over utilizing the given scarce resources. This is like digging your own grave. Capitalism and Socialism sound like attractive simple prospects to run your state, but the ripple effects are highly negative.