Making Sense of a Barrage of New Policy Proposals A preliminary look at the government's new macroeconomic strategy and the Labour Market Commission report For workers trying to make sense of recent developments in economic and labour market policy, this is a difficult time.
A study of sustainability needs to consider the role of all forms of capital—natural, biological, social, technological, financial, cultural—and the complex ways in which they interact.
All forms of capital derive their value, utility and application from human mental awareness, creativity and social innovation. This makes human capital, including social capital, the central determinant of resource productivity and sustainability.
Humanity has entered the Anthropocene Epoch in which human changes have become the predominant factor in evolution. Humanity is itself evolving from animal physicality to social vitality to mental individuality. This transition has profound bearing on human productive capabilities, adaptability, creativity and values, the organization of economy, public policy, social awareness and life styles that determine sustainability.
This article examines the linkages between population, economic development, employment, education, health, social equity, cultural values, energy intensity and sustainability in the context of evolving human consciousness. It concludes that development of human capital is the critical determinant of long-term sustainability Threat of new entrants in indian media and entertainment industry that efforts to accelerate the evolution of human consciousness and emergence of mentally self-conscious individuals will be the most effective approach for ensuring a sustainable future.
Education is the primary lever. Human capital; social capital; education; employment; evolution; inequality; individuality; knowledge; population.
Introduction The subject of sustainable development encompasses a broad spectrum of economic, ecological, political, technological and social issues, including energy, water, mineral resources, climate, urban congestion, population, pollution, industrialization, technological development, public policy, health, education, and employment.
A compartmentalized piecemeal approach to the subject, such as one focusing on technological solutions or public policy issues, may shed light on specific aspects, but the complex interactions between various dimensions preclude such an exclusive concentration.
Problems are compounded when any of these subsystems and elements is regarded as if it were separate and independent from the choices and actions of human beings. When the time dimension is also considered, the challenge becomes even more complex, because over decades many of the underlying assumptions on which our view of social phenomenon is predicated may be radically altered by new and unforeseen evolutionary trends, high-impact and hard-to-predict black swans.
The population explosion of the s, the demographic transition that followed, Green Revolution in the late s, the sudden end of the Cold War inthe meteoric rise of the Internet afterthe rapid emergence of China and India into global prominence sinceand the recent global financial crisis the first of this magnitude in seven decades were unforeseen even a few years before they occurred.
Entering the 21st century, the speed of change has only accelerated.
Therefore, this study is founded upon an evolutionary perspective of social development. Human capital consists of many dimensions, which have been examined in-depth by other researchers. The objective of this article is to consider the role of human capital, not merely as one essential component but as the primary determinant of the process of social, economic and ecological development, and to explore important relationships between its various dimensions that are critical to sustainability.
Wider Conception of Capital In recent decades, humanity has recorded remarkable achievements, while placing increasing demands on our environment. The challenge now facing humanity is to find ways to harness all available forms of capital in a manner that promotes human welfare, well-being and sustainable development for all.
Until recently the notion of capital was largely confined to financial assets utilizable for commercial and industrial investment.
But a broader conception of capital can be traced back to Adam Smith, who defined four types of fixed capital—land, buildings, machinery and human abilities 1. Natural capital consists of minerals, energy sources and other environmental resources that exist independently of human beings.
Biological capital consists of all species of plants and animals that serve as the basis for other life, as well as their by-products and waste-products, such as coral reefs and the organic content of soil.
Human capital includes a wide range of human capabilities: The different forms of capital are interrelated and interdependent.
All forms of life depend on natural capital for their survival. But the reverse is also true. Natural capital is enhanced or destroyed by the impact of biological life forms, e.
Financial capital is itself a product of human relationships based on exchange and trust and has no independent existence of its own. Money can be utilized to make any other resource more useful or productive. It can be used to educate people, develop and apply technology to natural or social processes, etc.
This implies that the sustainability of human capital is interwoven with the sustainability of all other forms of capital. The interdependence goes still deeper.
The very notion of capital is a human conception. Other species do survive on the basis of natural resources, but no other species consciously applies its mental capacities to identify and utilize different forms of capital for its development.
In this sense, anything becomes a resource by the action of the human mind. Resources are perceived and developed. Materials exist in nature, but anything becomes a resource only when its potential value is recognized by the human mind. Human mental activity creates resources by discovering new productive relationships between existing elements.
It was only discovered in the s that uranium—through a process of fission accompanied by emission of neutrons sustaining a chain reaction—is a powerful energy source.Classic motorcycle products, bike club gossip, motorcycle shows, events, runs, biker lifestyle, buyers guides and much more.
FlightGlobal is the global aviation community’s primary source of news, data, insight, knowledge and expertise. We provide news, data, analytics and advisory services to connect the aviation. INDIA. On the domestic front, India remained the fastest growing major economy in the world, after surpassing China last year.
Gross Domestic Product growth rate was % for FY , supported by strong consumption growth and government spending. The Indian media and entertainment industry is one of the fastest growing sectors of the Indian economy.
It has benefited from the economic growth and rising income levels in the country, and is. Storytelling is the oldest art form on earth, and whether you’re a fan of thrillers, classics, literary fiction, or even ancient myths, the stories you love all share the same key elements.
Threat of New Entrants Definition In Porters five forces, threat of new entrants refers to the threat new competitors pose to existing competitors in an industry. Therefore, a profitable industry will attract more competitors looking to achieve profits.