Green Economy-Inevitable Economy of the Industrial Revolutionary Period 4.0

Abstract

The world's famous economist Herman Daly says that the future of human civilization depends on a new and dynamic economic model known as a sustainable economy protecting and preserving the environment. The field that we are depending on it. From there, we need to reorient our economic model so that it goes back to its orbit and thus make life better. Green economy sees deficiencies in the economic development of nations based on contemporary economic models, where a fifth of the population is still living in poverty along with the environmental crisis. According to green economists, the social and environmental crises we are experiencing are not the result of management problems, but of the economic model. Green economy is a progressive branch with a completely new approach, in contrast to traditional economics. However, Green Economy Economic development model of the post-industrial era is still a fledgling economic theory, a lot of interesting ideas to discuss.