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LONDON According to the Cambridge English Dictionary, an economy is “the system of trade and industry by which the wealth of a country is made and used.” For the last few centuries, this system has been dominated by the paradigm of capitalism, in which the private owners of capital, and not the state, control the trade of goods and services.
The slave trade and plantation economy of the early colonial period in America were among the original manifestations of this economic paradigm, as the European propertied classes asserted their newfound power over dwindling tributary systems and the interim feudal arrangements were replaced with John Locke’s quasi-religious notions of private property, which would come to conquer Western economic theory for the next three hundred years.
Business leaders underscore technology for delivering sustainability goals
Dubai, UAE, February 7, 2021 Aveva, a global leader in engineering and industrial software, convened leaders from the United Nations Development Program (UNDP), Schneider Electric, Petronas and Verdantix in a virtual press panel session recently, to discuss how digitisation is driving the sustainability business agenda for industrial organisations. Participants highlighted how in the past year, the world had faced a challenge that is unique in history, in its scale and scope, and industries have been adversely affected in many ways. The key takeaway from the session was that 2021 is set to be a year of resiliency and renewed rebuilding, and Industry 4.0 will enable employees and communities to optimise sustainable processes to reduce carbon footprints.
AVEVA, a global leader in engineering and industrial software, convened leaders from the United Nations Development Program (UNDP), Schneider Electric, PETRONAS and Verdantix in a virtual press panel session recently, to discuss how digitization is driving the sustainability business agenda for industrial organizations. Participants highlighted how in the past year, the world had faced a […]
AVEVA Hosts Influencer Panel Session to Outline Why Digitization is Driving the Growth of
Sustainable Practices in the Industrial Sector
AVEVA, a global leader in engineering and industrial software, convened leaders from the United Nations Development Program (UNDP),Schneider Electric,PETRONAS and Verdantix in a virtual press panel session recently, to discuss how digitization is driving the sustainability business agenda for industrial organizations. Participants highlighted how in the past year, the world had faced a challenge that is unique in history, in its scale and scope, and industries have been adversely affected in many ways. The key takeaway from the session was that 2021 is set to be a year of resiliency and renewed rebuilding, and Industry 4.0 will enable employees and communities to optimize sustainable processes to reduce carbon footprints.