TY  - JOUR
T1  - Towards a Sustainable Cognitive Economy
AU - Rios, Porfirio Jimenez AU - Burbano, Karol Benitez AU - Poma, Mayra Tamami AU - Gallardo, Veronica AU - Manjunatha, Bangeppagari 
JO  - International Business Management
VL  - 10
IS  - 26
SP  - 6105
EP  - 6111
PY  - 2016
DA  - 2001/08/19
SN  - 1993-5250
DO  - ibm.2016.6105.6111
UR  - https://makhillpublications.co/view-article.php?doi=ibm.2016.6105.6111
KW  - Systems
KW  -consumerism
KW  -cognitivism
KW  -industrialism
KW  -bio-economy
AB  - Economic systems are critical drivers in the survival of nations. As humanity faces a growing natural
resources scarcity, it becomes increasingly critical that we develop and adopt environmentally sustainable
methods of extracting such resources. The current research focuses on analysing economic doctrines and
comparing literature regarding cognitive economy and its sustainability. Since the Western way of thinking is
in crisis, the industrialism paradigm loses its legitimacy and the principle of capital over humans becomes
obsolete. The capitalist system, in which the free markets prioritize investing in the acquisition of technology
and goods in order to increase profitability when they are humans who should be put over the chrematistic
systems. For this reason, it is necessary to include environmental preservation as the core of the development
of bio-economy. A cognitive economy seeks to integrate nature and knowledge while maintaining responsible
consumption and good living practices. This research analyses and compares the diverse schools of
economical thought, from capitalism to cognitive economy. Through this, we hope to identify the true needs
of a society, rather than the illusions created by consumerism that lead to a selfish economy and a political
ecology. Would a cognitive economy be sustainable in the mid to long-term? Is a cognitive economy
subjective? What is the main driver of consumerism? In conclusion, the world’s economy is cyclical and since
nothing is static, governments should invest in human brain research.
ER  -