SUSTAINABILITY is "meeting the needs of the present without compromising the ability of future generations to meet their own needs." The definition is an extraction from the Brundtland report, also known as Our Common Future, that gave the first widely accepted definition of sustainable development.
The strong call to pursue "sustainability" in our current system is influenced by the economic and social crises that shook the world in the 20th century. These include the 1907 US banking crisis, 1923 US hyperinflation crisis, the Great Depression of the 1930s, worldwide protests against bureaucratic elites in 1968, 1970s oil shocks and the 1982 Latin American debt crisis, among others.
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