Noosphere and business: the path to environmental and social sustainability

The modern economy is at a turning point when traditional models of using natural resources are no longer able to ensure sustainable development. What until recently was perceived as an inexhaustible reserve now requires a deeper understanding of environmental limits.  For decades, economic science has viewed nature only as a source of raw materials. The value of resources was determined by the costs of their extraction, processing and transportation. This approach is limited to assessing the value of a resource only by the costs associated with its extraction and use, without taking into account the long-term environmental consequences. Such a model is effective in a microeconomy focused on quick profits. However, on a global scale, it inevitably leads to environmental degradation and depletion of natural resources.

Of course, there is a certain influence of ecology and thermodynamics on the economy. Environmental regulations, for example, force businesses to reduce pollution, implement reclamation technologies and pay fines for violating the law. However, these measures are usually regulated by government agencies rather than market forces, which raises doubts about their sustainability. Thus, noospheric approaches have not yet become part of economic science, which in turn affects modern business.

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