The word ‘economy’ derives from the greek language, from οἶκος (oikos; house) and νόμος (nomos; custom, law), i.e. rules of the house, or household. Could it then be said that a balanced economy is a system which ensures that resources and values are sustainably managed between people of a common household? An economy which exists and develops in a balanced symbiosis with nature, and not against it?
This article tries to explore how an "eco-logical" economy could be shaped and implemented and sheds some light on theoretical grounds and practices for it. Don't miss it!