Summarizing Outlook

Societies have become sectoralized and at the same time, in many countries, the economy, politics, and technology have formed a strong symbiosis which constitutes what, in this book, is called Schumpeter Dynamics. It is powered by technological innovation, utilizes all material as well as ecological and human resources, and produces profits, growth, and wealth, however skewed its distribution may be. In the process, environmental capacity is overloaded with pollution of the ecological media. This leads not only to local and regional damage, but also to global damage, such as global warming, ozone holes, and massive species extinction.