ECOLONOMY: Linking Theory and Action
Linking Theory and Action
Abstract:
The Academic and Literary Circle need to focus more on practical orientation in all aspects. The Environmental wellbeing of our activities should relate with Ecological facts of our limited sources within our Boundary. The Needful action towards any functions would purport with defining the Words in Ecological values to make it Relevant by explaining the terms for Ecological Cultural Facts with Economy. For this purpose, The Term ‘Ecolonomy’ is the accurate terminology for combining these Ecology with Economy in ACROSTIC SPEECH. The Idea of using Economy with Ecological facts by defining the Words Framing within the Alphabets along with proper understanding in the same way what we follow at present. The ‘E’arth ‘C’ore ‘O’bjects ‘L’imiting ‘O’f ‘N’omenclature ‘O’ffering ‘M’iniute ‘Y’ield, the Expression of First Letter of the word ‘Ecolonomy’ would exactly mean for regular work for our Usages in the Present Circumstances. The Earth Core Objects Limiting our name of minute yield, what we use in our Values in terms of Monetary System.
The Natural events with human activities are predominant impact on estimating the values on climate with the landscapes from past to the present stages. The Environmental systems with the wellbeing of human beings what are determined in accordance with the Nomenclature fixed in the terminology. The Nominal values of the products and services is based upon the quantity and quality with its sustainability of our assessment of its availability. The hidden values help us to understand and use its availability is also to be measured on the sudden environmental changes can affect biodiversity and the structure of ecosystems.
The Evolutionary substances unite the Universe with the Environmental activity what is based upon in our assessment and its continuous availability.
J.M Keynes describes ‘The Language uses in Integrating knowledge and information with various disciplines.
The Sustainability Development should refer with the definition open to multiple interpretations.
Sustainable development is to be done on with the level sufficient and quality of our relationship with planetary ecosystems.
The Term ‘Econology’ is the new term by defining and combining economy and ecology.
The Econology describes the management of the house i.e., our planetary system along with the cultural mode of production.
Interdisciplinary work is to be related on with the large-scale environmental changes with the implied effects on enhanced global warming. The Sociological Economic Status measures on with the income, occupation and education.
Economical Structures and Organisations Progressive is also connected with health enhancing environmental assessment parameters. Ecolonomy, also known as ecological economics, is a field of academic research that studies the relationship between human economies and natural ecosystems.
It’s an interdisciplinary field that examines how these two systems co-evolve and are interdependent.
The term “ecolonomy” is a combination of the words “economy” and “ecology”.
It was coined by engineer Christophe Martz to show that it’s possible to combine the economy, ecology, and environment.
Ecolonomy can help improve human health, environmental protection, and the financial economy. It can also be integrated into the social and solidarity economy.
In the context of the climate crisis, ecolonomy can help to limit the consumption of non-renewable energy. Working ecologically can also help companies and individuals save money. The wise way to engage the Term ‘Econology’ or ‘Ecolonomy’ has been elaborated in over thousands of years of coevolution with nature falls into the combination of ecological planning design, construction, restoration and management. There is certain definite quantity measurement in the term of GDP, Natural and Human man-made Capital Utility. The GDP growth Conflates the qualitative development with quantitative increase. The Definition of utility is in practice with reality.
Naturality with satisfaction in environmental protection is in the process of natural ecosystem into high-entropy wastes. Natural capital is limited in all Factors.
The Qualitative improvement with enhanced efficiency like GDP is defined as the annual market values with positive and negotiating negative adjustment with nature calamities.
The Vision of ‘Earth Climate Overall Levelling of Nomenclature Offering M’iniute Yield’, is capable for having the Title with Ecolonomy for Combining Ecology with Economy for fundamental rights with interdisciplinary approach.
Keywords: Ecolonomy, Econology, Acrostic, Nomenclature,
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Econology is a term that combines the words “economy” and “ecology” to describe a way of viewing economics that considers the environment and ecology.
It’s also known as the “ecological economy” or “ecolonomy”.
The term was created by engineer Christophe Martz in 2003, to preserve the planet for future generations.
Ever since 1530, The Term Economy is using for managing the ‘House’ with sound of ‘oeconomia’ in Latin and Okonomia in Greek for English and French Languages.
Time?
Reliability and Accountability
What is Keynes Theory and Action?
Core Idea:
Keynes argued that during economic downturns, insufficient aggregate demand (total spending in the economy) leads to unemployment and underutilized resources.
Keynesian Solutions:
To combat this, Keynes advocated for government intervention to increase aggregate demand, such as:
Increased Government Spending: Investing in infrastructure, social programs, or other projects can directly inject money into the economy, creating jobs and stimulating demand.
Tax Cuts:
Lowering taxes can leave individuals and businesses with more disposable income, encouraging them to spend and invest, thereby boosting demand.
Keynesian policies have been used in various countries to address economic downturns, such as the Great Depression in the 1930s, where increased government spending and infrastructure projects were used to stimulate the economy.
Criticisms:
Keynesian economics has faced criticism, with some arguing that government intervention can lead to unsustainable levels of debt, inflation, or distortions in the economy.
Keynes denied that an economy would automatically adapt to provide full employment even in equilibrium, and believed that the volatile and ungovernable psychology of markets would lead to periodic booms and crises. The General Theory is a sustained attack on the classical economics orthodoxy of its time.
It introduced the concepts of the consumption function, the principle of effective demand and liquidity preference, and gave new prominence to the multiplier and the marginal efficiency of capital.
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Ecolonomy” or “ecological economy” refers to a field of study that examines the interconnectedness and coevolution of human economies and natural ecosystems, aiming to integrate ecological principles into economic systems.
‘Ecolonomy’ is the unique strategic formulation of the process of studying the integration of ideas from ecology and economics over decades.
Although the term ‘Ecolonomy’ is a purported and laudable goal of eminent economist, the innovation is to account for different disciplinary approaches.
The term ‘Ecolonomy’ can be used in further research with economic constructivism and media ethics to account for different disciplinary approaches.
Here’s a more detailed explanation:
The Interdisciplinary Approach is to be done for the term
‘Ecolonomy’ portrays the transdisciplinary approach and to link with interdisciplinary fields.
It is meant by drawing from various disciplines like Economy, Ecology, and Environmental sciences to understand the relationship between human activities and the relevant other activities of the Universal moment.
The core concept of focus on the Term ‘Ecolonomy’ is to promote sustainable economic practices that minimize environmental damages occurred regularly in the world and ensure long-term ecological health for our Historical Values in Humanities.
The following ‘Ecolonomy’ Principles involvement in our Yearlong activities of the Human being.
The Present Scenario of Circular in connection with ‘Ecolonomy ‘ should be taken into account in order to reduce waste by recycling resources.
The first and foremost factor of ‘economy’ is to consider any type of usable product designed and manufactured to maintain the sustainability of products and its improved services.
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Natural Resource Management:
Promoting the sustainable use of natural resources, such as water, energy, and raw materials, to prevent depletion and pollution.
Environmental Accounting:
Incorporating environmental costs and benefits into economic decision-making to ensure that environmental impacts are considered.
Benefits of Ecolonomy:
Environmental Protection: Reducing pollution, conserving resources, and protecting biodiversity.
Economic Efficiency: Improving resource productivity, reducing waste, and creating new green industries.
Social Equity: Ensuring that environmental protection and economic development benefit all members of society.
Ecolonomy in Action:
The concept of ecolonomy is increasingly being implemented in various sectors, including:
Renewable Energy: Transitioning to renewable energy sources like solar and wind power.
Sustainable Agriculture: Adopting farming practices that minimize environmental impact.
Green Building: Designing and constructing buildings that are energy-efficient and environmentally friendly.
Ecological Economics: A broader term that encompasses the study of the relationship between human economies and natural ecosystems.
Bio economics: A field that studies the interaction between biological systems and economic systems.
Eco-economics: Another term used to describe the integration of ecological principles into economic systems.
