The Bankruptcy of Economics: Ecology, Economics and the Sustainability of the Earth

The Bankruptcy of Economics: Ecology, Economics and the Sustainability of the Earth PDF Author: Joseph Wayne Smith
Publisher: Springer
ISBN: 1349275697
Category : Business & Economics
Languages : en
Pages : 202

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Book Description
We live in times of uncertainty and insecurity, at a personal, national and global level. Writers such as Samuel P. Huntington and Robert D. Kaplan, respectively, have spoken of an emerging 'clash of civilizations' and of 'coming anarchy'. This book is also concerned with the future of civilization, in particular with the conflict between economic growth and the sustainability of the biophysical lifesupport systems of the planet, arguing that the flawed system of orthodox neo-classical economics has justified the modernist belief in the necessity of unending economic growth and the ceaseless exploitation of nature.

The Bankruptcy of Economics: Ecology, Economics and the Sustainability of the Earth

The Bankruptcy of Economics: Ecology, Economics and the Sustainability of the Earth PDF Author: Joseph Wayne Smith
Publisher: Springer
ISBN: 1349275697
Category : Business & Economics
Languages : en
Pages : 202

Get Book Here

Book Description
We live in times of uncertainty and insecurity, at a personal, national and global level. Writers such as Samuel P. Huntington and Robert D. Kaplan, respectively, have spoken of an emerging 'clash of civilizations' and of 'coming anarchy'. This book is also concerned with the future of civilization, in particular with the conflict between economic growth and the sustainability of the biophysical lifesupport systems of the planet, arguing that the flawed system of orthodox neo-classical economics has justified the modernist belief in the necessity of unending economic growth and the ceaseless exploitation of nature.

World on the Edge

World on the Edge PDF Author: Lester Brown
Publisher: Routledge
ISBN: 113654075X
Category : Nature
Languages : en
Pages : 258

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Book Description
In this urgent time, World on the Edge calls out the pivotal environmental issues and how to solve them now. We are in a race between political and natural tipping points. Can we close coal-fired power plants fast enough to save the Greenland ice sheet and avoid catastrophic sea level rise? Can we raise water productivity fast enough to halt the depletion of aquifers and avoid water-driven food shortages? Can we cope with peak water and peak oil at the same time? These are some of the issues Lester R. Brown skilfully distils in World on the Edge. Bringing decades of research and analysis into play, he provides the responses needed to reclaim our future.

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.

Confronting Ecological and Economic Collapse

Confronting Ecological and Economic Collapse PDF Author: Laura Westra
Publisher: Routledge
ISBN: 1135957371
Category : Law
Languages : en
Pages : 350

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Book Description
From the first appearance of the term in law in the Clean Water Act of 1972 (US), ecological integrity has been debated by a wide range of researchers, including biologists, ecologists, philosophers, legal scholars, doctors and epidemiologists, whose joint interest was the study and understanding of ecological/biological integrity from various standpoints and disciplines. This volume discusses the need for ecological integrity as a major guiding principle in a variety of policy areas, to counter the present ecological and economic crises with their multiple effects on human rights. The book celebrates the 20th anniversary of the Global Ecological Integrity Group and reassesses the basic concept of ecological integrity in order to show how a future beyond catastrophe and disaster is in fact possible, but only if civil society and ultimately legal regimes acknowledge the necessity to consider ecointegrity as a primary factor in decision-making. This is key to the support of basic rights to clean air and water, for halting climate change, and also the basic rights of women and indigenous people. As the authors clearly show, all these rights ultimately depend upon accepting policies that acknowledge the pivotal role of ecological integrity.

Sustainability or Collapse?

Sustainability or Collapse? PDF Author: Robert Costanza
Publisher: MIT Press
ISBN: 0262515970
Category : Science
Languages : en
Pages : 518

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Book Description
Scholars from a range of disciplines develop an integrated human and environmental history over millennial, centennial, and decadal time scales and make projections for the future. Human history, as written traditionally, leaves out the important ecological and climate context of historical events. But the capability to integrate the history of human beings with the natural history of the Earth now exists, and we are finding that human-environmental systems are intimately linked in ways we are only beginning to appreciate. In Sustainability or Collapse?, researchers from a range of scholarly disciplines develop an integrated human and environmental history over millennial, centennial, and decadal time scales and make projections for the future. The contributors focus on the human-environment interactions that have shaped historical forces since ancient times and discuss such key methodological issues as data quality. Topics highlighted include the political ecology of the Mayans; the effect of climate on the Roman Empire; the "revolutionary weather" of El Niño from 1788 to 1795; twentieth-century social, economic, and political forces in environmental change; scenarios for the future; and the accuracy of such past forecasts as The Limits to Growth.

Ecological Economics

Ecological Economics PDF Author: Robert Costanza
Publisher: Columbia University Press
ISBN: 0231075634
Category : Business & Economics
Languages : en
Pages : 544

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Book Description
Few aspects of American military history have been as vigorously debated as Harry Truman's decision to use atomic bombs against Japan. In this carefully crafted volume, Michael Kort describes the wartime circumstances and thinking that form the context for the decision to use these weapons, surveys the major debates related to that decision, and provides a comprehensive collection of key primary source documents that illuminate the behavior of the United States and Japan during the closing days of World War II. Kort opens with a summary of the debate over Hiroshima as it has evolved since 1945. He then provides a historical overview of thye events in question, beginning with the decision and program to build the atomic bomb. Detailing the sequence of events leading to Japan's surrender, he revisits the decisive battles of the Pacific War and the motivations of American and Japanese leaders. Finally, Kort examines ten key issues in the discussion of Hiroshima and guides readers to relevant primary source documents, scholarly books, and articles.

The Economy of the Earth

The Economy of the Earth PDF Author: Mark Sagoff
Publisher: Cambridge University Press
ISBN: 1139468006
Category : Philosophy
Languages : en
Pages : 278

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Book Description
Mark Sagoff draws on the last twenty years of debate over the foundations of environmentalism in this comprehensive revision of The Economy of the Earth. Posing questions pertinent to consumption, cost-benefit analysis, the normative implications of neo-Darwinism, the role of the natural in national history, and the centrality of the concept of place in environmental ethics, he analyses social policy in relation to the environment, pollution, the workplace, and public safely and health. Sagoff distinguishes ethical from economic questions and explains which kinds of concepts, arguments, and processes are appropriate to each. He offers a critique 'preference' and 'willingness to pay' as measures of value in environmental economics and defends political, cultural, aesthetic, and ethical reasons to protect the natural environment.

Healing a Wounded World

Healing a Wounded World PDF Author: Joseph Wayne Smith
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 240

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Book Description
This scientifically rigorous and philosophically sophisticated defense of environmentalism is meant to excite, educate, and alarm the reader. There is a widespread scientific and public recognition that the world is facing an environmental crisis of vast proportions. What is the relationship between the growth of human population and industrial activity on one hand and the environmental crisis on the other? If this is not determined and dealt with, Earth's ecology may be expected to collapse.

The Economics of Sustainability

The Economics of Sustainability PDF Author: John C.V. Pezzey
Publisher: Routledge
ISBN: 1351890999
Category : Business & Economics
Languages : en
Pages : 424

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Book Description
Before the late 1980s, when the ideas of sustainability and sustainable development to the forefront of public debate, conventional, neo-classical economic thinking about development and growth had rarely given any consideration to the needs of future generations, or the sustainability of natural resource use. Defining sustainability broadly as intergenerational fairness in the long-term decision making of a whole society, and using established economic concepts, this selection of refereed journal articles brings a famously ill-defined concept into sharp focus, providing academics at all levels with a formidable research tool. Spanning thirty years of the most important philosophical, theoretical and empirical contributions from both critics and defenders of neo-classical assumptions and methods of economic analysis, this focused collection of papers constitutes a unique, balanced resource on the full range of intellectual debates surrounding the economics of sustainability.

Post Keynesian and Ecological Economics

Post Keynesian and Ecological Economics PDF Author: Richard P. F. Holt
Publisher: Edward Elgar Publishing
ISBN: 1849802084
Category : Business & Economics
Languages : en
Pages : 338

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Book Description
This book argues that mainstream economics, with its present methodological approach, is limited in its ability to analyze and develop adequate public policy to deal with environmental problems and sustainable development. Each chapter provides major insights into many of today s environmental problems such as global warming and sustainable growth. Building on the strengths and insights of Post Keynesian and ecological economics and incorporating cutting-edge work in economic complexity, bounded rationality and socio-economic dynamics, this book provides an interdisciplinary approach to deal with a broad range of environmental concerns. The contributors show how and where the two traditions share common ground concerning environmental problems and shed light on how the two schools can learn from one another. The book will be of great value to Post Keynesian and ecological economists as well as to those interested in new approaches to important global environmental issues.