The current condition of the economy is a major problem on earth

The most detrimentally impacting problem on earth is The cumulative totality current condition economy, and Current condition, prioritization and lack there of.      I am not against having an economy however I am against a free for all winning at any cost economy.   Too many industries in corporations are Striving for short term, profits, and overlooking long-term sustainability, even though we have a sustainability index on the stock market.   Basically, there are no checks and balances with the economy today. It’s a free-for-all kind of condition where anybody can invent anything and come up with any type of redundant product imaginable.  It’s too bad we couldn’t do impact assessment on every new idea that comes along.   The multitude of factories that produce similar items as other factories are proving to be a huge waste of energy on our planet.  The concept of competition impacts the natural environment and people overtime because of  lack of  prioritization of so-called externalities in our environment and society.  I am also a proponent of seeing our planet as an exploration instead of just a shopping exploration expedition.   We ought to experience biodiversity in our natural environment, rather than shopping all the time.  Consequently, the diversity of our environment, seems to get traded for biodiversity in the shopping mall.   Maybe we should look at things that we buy as more like gear, supplies, or durable goods rather than often inadequate commodities for consumption reasons only.

The prevailing global economic framework, rather than serving as a robust engine for collective well-being, appears to be our most significant existential challenge. My concern isn’t with the concept of an economy itself, but rather with the unchecked, “winner-take-all” ethos that currently defines it.

This relentless pursuit of immediate financial gain by numerous industries and corporations consistently overshadows the imperative of long-term environmental and social sustainability. Despite the existence of superficial “sustainability indices” on financial markets, the reality is a stark absence of meaningful checks and balances. This environment fosters an explosion of often redundant products, consuming vast resources and energy for items that offer little genuine advancement or societal benefit. The sheer multitude of factories producing identical or near-identical goods represents an egregious waste of planetary resources.

The hyper-competitive nature of this system inherently disregards what are termed “externalities”—the profound and lasting impacts on our natural environment and societal fabric that are not factored into production costs. Over time, this systemic oversight erodes both ecological integrity and human well-being.

Furthermore, I believe we must fundamentally reorient our collective perspective towards our planet. Instead of merely viewing Earth as an expansive shopping ground, ripe for exploitation and consumption, we should embrace it as a magnificent realm for exploration, understanding, and profound experience. The authentic biodiversity of our ecosystems is tragically being supplanted by the fleeting “biodiversity” found on retail shelves. Perhaps a crucial shift lies in how we perceive the items we acquire: not merely as disposable commodities, but as essential gear, supplies, or durable goods intended to facilitate enriching lives and experiences, fostering a deeper connection to our world rather than mere material accumulation. In the future, in the absence of a detailed impact assessment, we ought to explore using people scoping and broad-based impact assessment, and, most importantly, planning to help people make decisions that not only impact the economy but also their own well-being. Consequently, we need an ecological economy that is in context with the needs of our people, or societies, communities, regions, and our natural environment.