Sustainalism: An Integrated Socio-Economic-Environmental Model to Address Sustainable Development and Sustainability
N. P. Hariram, K.B. Mekha, Vipinraj Suganthan, K. Sudhakar
Abstract
This paper delves into the multifaceted concept of sustainability, covering its evolution, laws, principles, as well as the different domains and challenges related to achieving it in the modern world. Although capitalism, socialism, and communism have been utilized throughout history, their strengths and drawbacks have failed to address sustainable development comprehensively. Therefore, a holistic approach is necessary, which forms the basis for a new development model called sustainalism. This study proposes a new socio-economic theory of sustainalism that prioritizes quality of life, social equity, culture, world peace, social justice, and well-being. This paper outlines the six principles of sustainalism and identifies sustainalists as individuals who embrace these new concepts. This study also explores how to attain sustainalism in the modern world through a sustainable revolution, representing a step toward a sustainable era. In conclusion, this paper summarizes the key points and emphasizes the need for a new approach to sustainalism in the broader sense. The insights provided are valuable for further research on sustainalism and sustainability.