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Scientific Article details

Title Cybernetics, design and regenerative economics
ID_Doc 18
Authors Perkins, S; Jessup, A
Title Cybernetics, design and regenerative economics
Year 2021
Published Technoetic Arts, 19, 1-2
DOI 10.1386/tear_00057_1
Abstract With unbridled exponential economic growth, earth systems and social systems are headed for catastrophic meltdown. Meanwhile, much of humanity is highly dependent on current institutions. Second-order cybernetics can help society come to grips with the enormous demand of adapting existing institutions for a regenerative economy. While the current trajectory of increasing consumption and rapid ecological decay will lead to collapse, the progress achieved by civilization can be vindicated by large-scale investment in regenerating natural capital assets, developing open-source technologies for the public good, and rebuilding local agricultural economies dedicated to health and well-being. It is recommended that regenerative practices are supported by academic institutions centered on placebased service-learning. A regenerative economy, in contrast to a growth economy, is part of the pursuit of the long-term establishment of a steady-state economy. This vision does not limit the possibility that humanity will make outstanding technological progress, explore space or merge with artificial intelligence - but argues that appreciating the nature's technology provided to humanity through eons evolution, and avoiding short-term self-destruction should be priorities.
Author Keywords ecological economics; service-learning; degrowth; sustainability; paradox; neoclassical economics
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Emerging Sources Citation Index (ESCI)
EID WOS:000870463100012
WoS Category Humanities, Multidisciplinary
Research Area Arts & Humanities - Other Topics
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