Under construction
Our vision of Bioeconomics is the way to protect the wealth and there by to build the sustainable and recession proof economic systems.
" In its original coinage, "bioeconomics" referred to the study of how organisms of all kinds earn their living in "nature's economy," with particular emphasis on co-operative interactions and the progressive elaboration of the division of labor (Hermann Reinheimer, Evolution by Co-operation: A Study in Bioeconomics)"
Money is the tool, not the Wealth by itself. Buying the wealth is different from building the wealth
Enriching the 'Life', state/ nation wide is the way of building the wealth. Corporations/ institutions show the performance by way of enriching the life in their neighbourhoods rather than profit gains in terms of money. The purpose of money is to enrich the life.
Initially the term bioeconomics suggests the concept of 'Life for all and jobs for all, so that every one has the access to resources of nature's eonomy' in a co-operative manner. It should not be mistaken for selling human organs for profitable price nor to explore for more market avenues / opportunities in that area.
A thought provoking link on health delivery models by Fareed Zakaria- CNN:
Building the wealth is the key for economic development of any nation. Economic prosperity and the stability of the Nation is determined by the Wealth it possess.
While money spins in the market, it affects the wealth.
Broadly, business activities spin money in two different directions, 1) Wealth building, 2) Wealth damaging.
The direction of the spin of money determines whether the economic systems are heading for damping or sustinence.
Since there will be wide range of business activities, the cumulative aggregate of the spin detemines the over all economic prosperity.
Stock market indicators have limited scope for predictions where wider parameters are to be considered over longer periods, they are good for instant fluctuations and for gambling with the money,
In bioeconomics, the Life is integrated with Money, and the performance of the systems is measured at broader community, state or nation level.
This approach ensures uniform economic development state wide / nation wide.
Prof Kostas Bithas on Bio-Economics and sustainable development
Bioeconomics as a Subversive Science - From 'Tastes' and 'Preferences' to 'Adaptation' and 'Basic Needs' Peter A. Corning, Ph.D. Institute for the Study of Complex Systems, CA, USA
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