The Economics of Needs and Limits: A Theory for Sustainable Well-Being PDF Download
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Author: Frank Rotering
Publisher: Frank Rotering
ISBN: 9780978345983
Category : Business & Economics
Languages : en
Pages : 244
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Book Description
The ecological crisis is urgently telling humankind that we must rapidly shift from growth-dependent capitalism to a sustainable economy. The Economics of Needs and Limits, or ENL, is an economic theory that is intended to guide us on this difficult journey. ENL is based on an ethical principle: all human beings, present and future, are of high and equal worth. From this starting point the author develops a conceptual framework to help analysts set rational objectives for outputs, population, and the economy's interactions with nature. The ultimate goal is to achieve sustainable well-being. Also included in the book are novel approaches to labor productivity and trade. The main distinguishing feature of the ENL framework is that it treats value and cost as objective factors, whereas both standard and ecological economics treat them as subjective factors. Under current environmental conditions the objective interpretations are necessary in order to align human needs and wants with the limitations of the natural world. The Economics of Needs and Limits is moderately technical. The book includes numerous graphs to illustrate concepts and a few basic formulas to permit rigorous expression. It should therefore be suitable for a college- or university-level course that introduces students to a sustainable mode of economic thought. It will also interest those who have examined ecological economics and have concluded that a more radical approach is required to tackle the existential crisis we face.
Author: Frank Rotering
Publisher: Frank Rotering
ISBN: 9780978345983
Category : Business & Economics
Languages : en
Pages : 244
Get Book Here
Book Description
The ecological crisis is urgently telling humankind that we must rapidly shift from growth-dependent capitalism to a sustainable economy. The Economics of Needs and Limits, or ENL, is an economic theory that is intended to guide us on this difficult journey. ENL is based on an ethical principle: all human beings, present and future, are of high and equal worth. From this starting point the author develops a conceptual framework to help analysts set rational objectives for outputs, population, and the economy's interactions with nature. The ultimate goal is to achieve sustainable well-being. Also included in the book are novel approaches to labor productivity and trade. The main distinguishing feature of the ENL framework is that it treats value and cost as objective factors, whereas both standard and ecological economics treat them as subjective factors. Under current environmental conditions the objective interpretations are necessary in order to align human needs and wants with the limitations of the natural world. The Economics of Needs and Limits is moderately technical. The book includes numerous graphs to illustrate concepts and a few basic formulas to permit rigorous expression. It should therefore be suitable for a college- or university-level course that introduces students to a sustainable mode of economic thought. It will also interest those who have examined ecological economics and have concluded that a more radical approach is required to tackle the existential crisis we face.
Author: Frank Martin Rotering
Publisher: Frank Rotering
ISBN: 0978345924
Category : Social choice
Languages : en
Pages : 232
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Book Description
Humankind faces two formidable challenges in the 21st century: rapid ecological decline and continuing world poverty. The author argues that both problems are rooted in our economic concepts, which for the past 500 years have been powerfully shaped by the reality and ideology of capitalism. We must now develop a new mode of economic thought to guide us through the profound changes required to achieve sustainable and global well-being. To this end, the author proposes a set of terms, concepts, and analytical tools that are collectively known as the Economics of Needs and Limits, or ENL. Unlike conventional economic theories, which explain how an economy functions, ENL is a set of guiding principles that permits analysts to establish rational economic objectives. Such a framework is a requirement for moving our civilization beyond destructive growth and into the equitable, post-expansionary stage of its evolution.
Author: Michael J. Sandel
Publisher: Farrar, Straus and Giroux
ISBN: 1429942584
Category : Philosophy
Languages : en
Pages : 256
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Book Description
Should we pay children to read books or to get good grades? Should we allow corporations to pay for the right to pollute the atmosphere? Is it ethical to pay people to test risky new drugs or to donate their organs? What about hiring mercenaries to fight our wars? Auctioning admission to elite universities? Selling citizenship to immigrants willing to pay? In What Money Can't Buy, Michael J. Sandel takes on one of the biggest ethical questions of our time: Is there something wrong with a world in which everything is for sale? If so, how can we prevent market values from reaching into spheres of life where they don't belong? What are the moral limits of markets? In recent decades, market values have crowded out nonmarket norms in almost every aspect of life—medicine, education, government, law, art, sports, even family life and personal relations. Without quite realizing it, Sandel argues, we have drifted from having a market economy to being a market society. Is this where we want to be?In his New York Times bestseller Justice, Sandel showed himself to be a master at illuminating, with clarity and verve, the hard moral questions we confront in our everyday lives. Now, in What Money Can't Buy, he provokes an essential discussion that we, in our market-driven age, need to have: What is the proper role of markets in a democratic society—and how can we protect the moral and civic goods that markets don't honor and that money can't buy?
Author: Donella H. Meadows
Publisher: Universe Pub
ISBN: 9780876632222
Category : Economic development.
Languages : en
Pages : 0
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Book Description
Examines the factors which limit human economic and population growth and outlines the steps necessary for achieving a balance between population and production. Bibliogs
Author: John Komlos
Publisher: M.E. Sharpe
ISBN: 0765643715
Category : Business & Economics
Languages : en
Pages : 271
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Book Description
This short book explores a core group of 40 topics that tend to go unexplored in an Introductory Economics course. Though not a replacement for an introductory text, the work is intended as a supplement to provoke further thought and discussion by juxtaposing blackboard models of the economy with empirical observations.
Author: John Komlos
Publisher: Routledge
ISBN: 1351584715
Category : Business & Economics
Languages : en
Pages : 292
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Book Description
The 2008 financial crisis, the rise of Trumpism and the other populist movements which have followed in their wake have grown out of the frustrations of those hurt by the economic policies advocated by conventional economists for generations. Despite this, textbooks continue to praise conventional policies such as deregulation and hyperglobalization. This textbook demonstrates how misleading it can be to apply oversimplified models of perfect competition to the real world. The math works well on college blackboards but not so well on the Main Streets of America. This volume explores the realities of oligopolies, the real impact of the minimum wage, the double-edged sword of free trade, and other ways in which powerful institutions cause distortions in the mainstream models. Bringing together the work of key scholars, such as Kahneman, Minsky, and Schumpeter, this book demonstrates how we should take into account the inefficiencies that arise due to asymmetric information, mental biases, unequal distribution of wealth and power, and the manipulation of demand. This textbook offers students a valuable introductory text with insights into the workings of real markets not just imaginary ones formulated by blackboard economists. A must-have for students studying the principles of economics as well as micro- and macroeconomics, this textbook redresses the existing imbalance in economic teaching. Instead of clinging to an ideology that only enriched the 1%, Komlos sketches the outline of a capitalism with a human face, an economy in which people live contented lives with dignity instead of focusing on GNP.
Author: William Leiss
Publisher: McGill-Queen's Press - MQUP
ISBN: 0773561927
Category : Nature
Languages : en
Pages : 184
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Book Description
Consumerism and capitalist and socialist industry have reached the point where state power is legitimatized by its ability to increase the number of commodities. A unique culture has been created in which marketing is the main social bond. Values no longer shape and condition needs, wants, desires, or preferences. Leiss draws on economics, psychology, sociology, and anthropology to show the vagueness of our thought on the relation between nature and culture, desire and reason, needs and commodities. This book raises serious, vital questions for all those concerned about the future of our present society.
Author: Frank M. Rotering
Publisher: Frank M. Rotering
ISBN: 9780978345938
Category : Social choice
Languages : en
Pages : 254
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Book Description
Humankind has reached an unprecedented situation: it has overshot the planet's ecological limits. The author argues in chapter one that the solution is to sharply reduce our ecological impact by replacing the expansionary logic of capitalism with a new logic designed for sustainable well-being. His proposal for this new logic, the Economics of Needs and Limits (ENL), is outlined in the remainder of the book.
Author: Sahra Wagenknecht
Publisher: Campus Verlag
ISBN: 3593399164
Category : Business & Economics
Languages : en
Pages : 329
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Book Description
In The Limits of Choice, Sahra Wagenknecht examines household saving decisions and basic needs in Germany and the United States, based on official data from both countries from the 1950s to present day. Arguing against the hypothesis that assumes consumers optimize their consumption intertemporally based exclusively on their permanent or lifetime income, Wagenknecht proposes a rule of thumb, according to which consumers will save if their current income exceeds basic expenditure, while they will demand credit when income can no longer meet basic needs.
Author: John Ruskin
Publisher: BoD – Books on Demand
ISBN: 3382148730
Category : Fiction
Languages : en
Pages : 198
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Book Description
Reprint of the original, first published in 1872. The publishing house Anatiposi publishes historical books as reprints. Due to their age, these books may have missing pages or inferior quality. Our aim is to preserve these books and make them available to the public so that they do not get lost.
