20. SUSTAINABLE DEVELOPMENT AND ETHICAL ECONOMICS: BALANCING PROFIT, PLANET, AND PEOPLE

In the face of accelerating climate change, rising inequality, and unsustainable consumption, the need to rethink economic systems through the lens of ethics and sustainability has never been more urgent. This paper explores how ethical economics can serve as a transformative framework for achieving sustainable development. It argues that economic decisions must be guided not only by profit but also by the well-being of people and the planet. By integrating the triple bottom line approach—Profit, People, Planet—this paper highlights policies, business models, and philosophical foundations that prioritize sustainability and moral responsibility in economic planning.