Sustainable Capitalism in Turbulent Times: Towards a New Regenerative Management Philosophy for the Green Transition

Abstract

What are the essential conditions for achieving sustainable capitalism in turbulent times? What is the new management philosophy that can solve our problems? And what are the corresponding ethics and politics? Decision-making in turbulent times concentrates on green transitions towards sustainable futures. But how should sustainability be defined? In this context, regenerative management philosophy offers a valuable perspective on sustainability. Therefore, this article proposes a regenerative turn of the international approach to sustainability, which has recently been formulated in connection with the politics of the UN’s sustainable development goals (SDGs) for green transition, sustainability, and the fight against poverty everywhere on Earth. Today, the global goals for sustainability have become a yardstick for political and economic success in both private and public organizations and institutions. But how can sustainable development goals be interpreted from the point of view of regenerative management philosophy? And what is the global responsibility for climate, the environment, and human rights? And how should we conceptualize the ethical economy behind it? We therefore need a new regenerative management philosophy that is based on ideas about how to recreate, renew or restore nature. This article proposes such a regenerative concept of sustainability as essential for the ethics and politics of the green transition. The aim is to make regenerative management philosophy and ethics essential for implementing the UN’s sustainable development goals (SDGs).