Sustainable Prosperity in the New Economy?

Sustainable Prosperity in the New Economy? PDF Author: William Lazonick
Publisher: W.E. Upjohn Institute
ISBN: 0880993510
Category : Business & Economics
Languages : en
Pages : 377

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Book Description
Lazonick explores the origins of the new era of employment insecurity and income inequality, and considers what governments, businesses, and individuals can do about it. He also asks whether the United States can refashion its high-tech business model to generate stable and equitable economic growth. --from publisher description.

Sustainable Prosperity in the New Economy?

Sustainable Prosperity in the New Economy? PDF Author: William Lazonick
Publisher: W.E. Upjohn Institute
ISBN: 0880993510
Category : Business & Economics
Languages : en
Pages : 377

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Book Description
Lazonick explores the origins of the new era of employment insecurity and income inequality, and considers what governments, businesses, and individuals can do about it. He also asks whether the United States can refashion its high-tech business model to generate stable and equitable economic growth. --from publisher description.

Sustainability and the New Economics

Sustainability and the New Economics PDF Author: Stephen J. Williams
Publisher: Springer Nature
ISBN: 3030787958
Category : Science
Languages : en
Pages : 342

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Book Description
This multidisciplinary book provides new insights and hope for sustainable prosperity given recent developments in economics – but only if swift and strong actions consistent with Earth’s biophysical limits and principles of justice are universally taken. It is one thing to put limits on resource throughput and waste generation to conform with the ecosphere’s biocapacity. It is another thing to efficiently allocate a sustainable rate of resource throughput and ensure it is equitably distributed in the form of final goods and services. While the separate but interdependent decisions regarding throughput, distribution, and allocation are the essence of ecological economics, dealing with them in a world that needs to cure its growth addiction requires a realistic understanding of macroeconomics and the fiscal capacity of currency-issuing central governments. Sustainable prosperity demands that we harness this understanding to carefully regulate the rate of resource throughput and manipulate macroeconomic outcomes to facilitate human flourishing. The book begins by outlining humanity’s current predicament of gross ecological overshoot and laments the half-century of missed opportunities since The Limits to Growth (1972). What was once economic growth has become, in many high-income countries, uneconomic growth (additional costs exceeding additional benefits), which is no longer advancing wellbeing. Meanwhile, low-income nations need a dose of efficient and equitable growth to escape poverty while protecting their environments and the global commons. The book argues for a synthesis of our increasing knowledge of the ecosphere’s limited carrying capacity and the power of governments to harness, transform, and distribute resources for the common good. Central to this synthesis must be a correct understanding of the difference between financial constraints and real resource constraints. While the latter apply to everyone, the former do not apply to currency-issuing central governments, which have much more capacity for corrective action than mainstream thinking perceives. The book joins the growing chorus of authoritative voices calling for a complete overhaul of the dominant economic system. We conclude with policy recommendations based on a new economics that, if implemented, would come close to guaranteeing a sustainable and prosperous future. Upon reading this book, at least one thing should be crystal clear: business as usual is not a viable option.

Building the New American Economy

Building the New American Economy PDF Author: Jeffrey D. Sachs
Publisher: Columbia University Press
ISBN: 0231545282
Category : Political Science
Languages : en
Pages : 153

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Book Description
The influential economist offers a persuasive strategy for a more just and sustainable economy—with a forward by Bernie Sanders. The New York Times has said that Jeffrey D. Sachs is “probably the most important economist in the world.” Now, in a book that combines impassioned manifesto with a plan of action, Sachs charts a path to move America toward sustainable development. Sustainable development is a holistic approach to public policy that unifies economic, social, and environmental objectives. By focusing too much on short-term economic growth, the United States has neglected rising inequality and dire environmental threats—all while putting our long-term economic growth at risk. Sachs explores issues that have captivated national discourse, including infrastructure, trade deals, energy policy, the proper size and role of government, the national debt, and income inequality. In accessible language, he illuminates the forces at work in each case and presents specific policy solutions. His argument rises above the stagnation of partisanship to envision a brighter way forward both individually and collectively. “Sachs demonstrates expertise on vastly different policy fields and makes a convincing case that abdicating the toxic intersection of militarism and exceptionalism is key to building a brighter future.”—Global Policy Journal

Sustainable Economic Development

Sustainable Economic Development PDF Author: Arsenio Balisacan
Publisher: Academic Press
ISBN: 0128004169
Category : Business & Economics
Languages : en
Pages : 532

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Book Description
Sustainable Economic Development: Resources, Environment, and Institutions presents 25 articles that lay the foundations of sustainable development in a way that facilitates effective policy design. The editors mix broad thematic papers with focused micro-papers, balancing theories with policy designs.The book begins with two sections on sustainable development principles and practice and on specific settings where sustainable development is practiced. Two more sections illuminate institutions, governance, and political economy. Additional sections cover sustainable development and agriculture, and risk and economic security, including disaster management. This rich source of information should appeal to any institution involved in development work, and to development practitioners grappling with an array of difficult on-the-ground developmental challenges. Analyzes policies that move markets and resource use patterns towards achieving sustainability Articles are kaleidoscopic in scope and creativity Authors embody extraordinary diversity and qualifications

Building a Sustainable and Desirable Economy-in-Society-in-Nature

Building a Sustainable and Desirable Economy-in-Society-in-Nature PDF Author: Peter Victor
Publisher: ANU E Press
ISBN: 192186205X
Category : Science
Languages : en
Pages : 98

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Book Description
The world has changed dramatically. We no longer live in a world relatively empty of humans and their artifacts. We now live in the “Anthropocene,” era in a full world where humans are dramatically altering our ecological life-support system. Our traditional economic concepts and models were developed in an empty world. If we are to create sustainable prosperity, if we seek “improved human well-being and social equity, while significantly reducing environmental risks and ecological scarcities,” we are going to need a new vision of the economy and its relationship to the rest of the world that is better adapted to the new conditions we face. We are going to need an economics that respects planetary boundaries, that recognizes the dependence of human well-being on social relations and fairness, and that recognizes that the ultimate goal is real, sustainable human well-being, not merely growth of material consumption. This new economics recognizes that the economy is embedded in a society and culture that are themselves embedded in an ecological life-support system, and that the economy cannot grow forever on this finite planet. In this report, we discuss the need to focus more directly on the goal of sustainable human well-being rather than merely GDP growth. This includes protecting and restoring nature, achieving social and intergenerational fairness (including poverty alleviation), stabilizing population, and recognizing the significant nonmarket contributions to human well-being from natural and social capital. To do this, we need to develop better measures of progress that go well beyond GDP and begin to measure human well-being and its sustainability more directly.

Beyond Growth

Beyond Growth PDF Author: Herman E. Daly
Publisher: Beacon Press
ISBN: 0807047066
Category : Business & Economics
Languages : en
Pages : 265

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Book Description
"Daly is turning economics inside out by putting the earth and its diminishing natural resources at the center of the field . . . a kind of reverse Copernican revolution in economics." --Utne Reader "Considered by most to be the dean of ecological economics, Herman E. Daly elegantly topples many shibboleths in Beyond Growth. Daly challenges the conventional notion that growth is always good, and he bucks environmentalist orthodoxy, arguing that the current focus on 'sustainable development' is misguided and that the phrase itself has become meaningless." --Mother Jones "In Beyond Growth, . . . [Daly] derides the concept of 'sustainable growth' as an oxymoron. . . . Calling Mr. Daly 'an unsung hero,' Robert Goodland, the World Bank's top environmental adviser, says, 'He has been a voice crying in the wilderness.'" --G. Pascal Zachary, The Wall Street Journal "A new book by that most far-seeing and heretical of economists, Herman Daly. For 25 years now, Daly has been thinking through a new economics that accounts for the wealth of nature, the value of community and the necessity for morality." --Donella H. Meadows, Los Angeles Times "For clarity of vision and ecological wisdom Herman Daly has no peer among contemporary economists. . . . Beyond Growth is essential reading." --David W. Orr, Oberlin College "There is no more basic ethical question than the one Herman Daly is asking." --Hal Kahn, The San Jose Mercury News "Daly's critiques of economic orthodoxy . . . deliver a powerful and much-needed jolt to conventional thinking." --Karen Pennar, Business Week Named one of a hundred "visionaries who could change your life" by the Utne Reader,Herman Daly is the recipient of many awards, including a Grawemeyer Award, the Heineken Prize for environmental science, and the "Alternative Nobel Prize," the Right Livelihood Award. He is professor at the University of Maryland's School of Public Affairs, and coauthor with John Cobb, Jr., of For the Common Good.

Prosperity in the Fossil-free Economy

Prosperity in the Fossil-free Economy PDF Author: Melissa K. Scanlan
Publisher: Yale University Press
ISBN: 0300253990
Category : Business & Economics
Languages : en
Pages : 396

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Book Description
A blueprint for creating sustainable businesses, emphasizing the power and potential of cooperative models "[An] important take on achieving a cleaner and safer world. . . . [Scanlan] envisions a future where green policies go hand-in-hand with worker empowerment, and provides a detailed blueprint for how to get there. . . . Her book offers essential hope that we can yet save ourselves . . . from ourselves."--Bill Lueders, The Progressive, "Favorite Books of 2021" Drawing on both her extensive experience founding and directing social enterprises and her interviews with sustainability leaders, Melissa Scanlan provides a legal blueprint for creating alternate corporate business models that mitigate climate change, pay living wages, and act as responsible community members, including Certified B Corps and benefit corporations. With an emphasis on cooperatives, this book reveals the power and potential of cooperating as a unifying concept around which to design social enterprise achieving triple bottom-line results: for society, the environment, and finance.

OECD Insights Sustainable Development Linking Economy, Society, Environment

OECD Insights Sustainable Development Linking Economy, Society, Environment PDF Author: Strange Tracey
Publisher: OECD Publishing
ISBN: 9264055746
Category :
Languages : en
Pages : 146

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Book Description
A succinct examination of the concept of sustainable development: what it means; how it is impacted by globalisation, production and consumption; how it can be measured; and what can be done to promote it.

Sustainability Creates New Prosperity

Sustainability Creates New Prosperity PDF Author: Martin Bartenstein
Publisher: Peter Lang Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 244

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Book Description
Since the report to The Club of Rome Limits of Growth was published some 30 years ago, the question is still open which approach we must take with our planet. Three factors will have the most influence on the global development of the environment: demographic and climate development and the potential for innovation. The concept of sustainability requires long-term thinking in order to use natural resources in such a way that future generations have the same opportunities we do. This message is confirmed in this review by the members of the Club of Rome's European Forum on Sustainability, which was founded in autumn 2002 in Vienna by the European Support Centre of the Club of Rome in co-operation with the Austrian Federal Ministry for Economic Affairs and Labour and in partnership with the United Nations Information Service (UNIS) Vienna, together with high-level experts and scientists. An immediate and extensive global course correction across the board would, however, be required. Thus far in fact, the price paid for the success of globalisation has been very high--environmental degradation and a global social split. This review presents as potential solutions a new economic model, an international treaty between the North and the South, a fundamental right to food and the principles of a sustainable retirement reform.

The New Economy Business Model and Sustainable Prosperity

The New Economy Business Model and Sustainable Prosperity PDF Author: William Lazonick
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
The Internet boom of the last half of the 1990s seemed to herald the arrival of a "New Economy" with its promise that, after the stagnation of the early 1990s, innovation in information and communication technologies (ICT) would regenerate economic prosperity. The subsequent collapse of the Internet boom at the beginning of the 2000s called into question the New Economy's ability to deliver on this promise - and even raised questions about whether there had really been anything "new" about the economy of the late 1990s after all. Perhaps the journalist John Cassidy (2002) was correct to entitle his well-documented book on the Internet boom "dot.com: the greatest story ever sold". If the "New Economy" was just all smoke and mirrors, one would expect that, once the debris left behind by the storm of speculation and corruption had been cleared away, economic life would return to what it had been before the boom took place.