Havana, October 16 (RHC)-- Participants at the International Congress on Economic Management and Development, underway in Havana, have endorsed a model that they claim guarantees economic, social and environmental needs of all mankind.
The founder of Brazil’s Ethos Institute, Ricardo Young told the economists that the traditional capitalist system is destroying the planet and with it any hope of human satisfaction and survival.
Young told delegates from 26 countries and 10 international organizations that the world needs a sustainable economic model minimizing its ecological impact.
He said that two and a half planets would be needed by 2050 to meet current demands. Young pointed out that environmental deterioration caused by the wealth producing system has already compromised our quality of life.
The Congress on Economic Management opened Tuesday at Havana’s Conventions Center.
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