Sustainable Economy

Traditional Economy Paradigm
There are three main players in a given block economy, according to Adam Smith: Land, Labour and Capital. The Capital is the wealth that human society has gathered. Land is the nature. Labour of human society plays important role in running economy as there must be some efforts input to extract and fabricate the natural resources from the land(nature).

Here is the table of contents of a typical economy book.
 * 1) Scarcity of resources
 * 2) Need and want
 * 3) Division of Labour

Scope of Sustainable Economy
The sustainability comes into play when there is limitation in resource, and want of human race exceeds the resource supply. The problem of scarcity is the core issue that forms the basis of discussion in Economy, the sustainability also deals with the scarcity. Whereas economy deals with the scarcity in general as objective sense, the instruments for fair distribution of scarce resources and fair distribution of labour, sustainability deals with the specific issue of human race survivality. The actual threat to the survivality of a organisation or individual due to the scarcity is the subject of sustainability.

It is stressed that what should be sustained must be clear before any study, since after we have decided which object we wish to sustain the threat against the sustainability effort can be listed.

It must be stressed that the capital or wealth that human has gathered has limited duration and it wears out. Also not everybody wishes to work either. People wish to get some reward or guaranteed survivality. To survive a human need things. The analysis of need should be done in order to discuss sustainability issue. The need and want must be distinguished sharply, and the concept is discussed when we learn