The Economics Of Needs And Limits A Theory For Sustainable Well Being
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The Economics Of Needs And Limits A Theory For Sustainable Well Being
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Author : Frank Rotering
language : en
Publisher: Frank Rotering
Release Date : 2018-10
The Economics Of Needs And Limits A Theory For Sustainable Well Being written by Frank Rotering and has been published by Frank Rotering this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-10 with Business & Economics categories.
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.
Needs And Limits
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Author : Frank Martin Rotering
language : en
Publisher: Frank Rotering
Release Date : 2009-11
Needs And Limits written by Frank Martin Rotering and has been published by Frank Rotering this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-11 with Social choice categories.
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.
Needs And Limits
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Author : Frank M. Rotering
language : en
Publisher: Frank M. Rotering
Release Date : 2010
Needs And Limits written by Frank M. Rotering and has been published by Frank M. Rotering this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Social choice categories.
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.
Heat Greed And Human Need
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Author : Ian Gough
language : en
Publisher: Edward Elgar Publishing
Release Date : 2017-10-27
Heat Greed And Human Need written by Ian Gough and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-10-27 with BUSINESS & ECONOMICS categories.
This book builds an essential bridge between climate change and social policy. Combining ethics and human need theory with political economy and climate science, it offers a long-term, interdisciplinary analysis of the prospects for sustainable development and social justice. Beyond ‘green growth’ (which assumes an unprecedented rise in the emissions efficiency of production) it envisages two further policy stages vital for rich countries: a progressive ‘recomposition’ of consumption, and a post-growth ceiling on demand. An essential resource for scholars and policymakers.
Sustainable Development
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Author : Felix Rauschmayer
language : en
Publisher: Routledge
Release Date : 2012-07-26
Sustainable Development written by Felix Rauschmayer and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-07-26 with Business & Economics categories.
This groundbreaking new work establishes links between sustainable development, needs, well-being, and the capabilities approach that is central to human development and the United Nations Development Programme. By challenging the role of people in sustainability policy, this collection’s argument refocuses sustainable development on needs and makes it easier for people to relate positively to its core values. This exciting new book incites a whole new way of looking at sustainable development. Even though the word ‘needs’ is central to the most popular definition of sustainable development, the concepts of needs and capabilities remain within the debate on human development, without going further into intergenerational justice or environmental protection. The discussion of needs reaches non-academics in a more direct way than talking about abstract thresholds, substitutability and other issues dear to academic debate on sustainability. This collection links the questions of intra- and intergenerational justice with issues of quality of life, life courses, and well-being. Dealing with needs entails dealing with deeper layers of consciousness, revealing emotions and questioning habits and values. In this way, the collection presents an opportunity for substantial social change as well as a challenge for research and policy-making. This thought-provoking collection asks its readers to reconsider the role of needs based on the philosophical arguments presented, to understand how sustainability can become a part of the capability approach, to better consider the dependency of life chances on birth contingencies, and to see the relationship between capabilities, needs, and well-being in a different light. The editors finish by clarifying the possibilities and challenges of a needs-based sustainability policy for policy makers, and explain the role of deeply held values. This book should be of interest to postgraduates and researchers in Environmental and Ecological Economics, as well as many other disciplines including Political Economics, Social Ecology, Human Ecology, Sustainability Science and Developmental Politics.
Sustainability And The New Economics
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Author : Stephen J. Williams
language : en
Publisher: Springer Nature
Release Date : 2021-12-09
Sustainability And The New Economics written by Stephen J. Williams and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-12-09 with Science categories.
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.
Sustainability And The Political Economy Of Welfare
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Author : Max Koch
language : en
Publisher: Routledge
Release Date : 2016-04-28
Sustainability And The Political Economy Of Welfare written by Max Koch and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-28 with Business & Economics categories.
Welfare is commonly conceptualized in socio-economic terms of equity, highlighting distributive issues within growing economies. While GDP, income growth and rising material standards of living are normally not questioned as priorities in welfare theories and policy making, there is growing evidence that Western welfare standards are not generalizable to the rest of the planet if environmental concerns, such as resource depletion or climate change, are considered. Sustainability and the Political Economy of Welfare raises the issue of what is required to make welfare societies ecologically sustainable. Consisting of three parts, this book regards the current financial, economic and political crisis in welfare state institutions and addresses methodological, theoretical and wider conceptual issues in integrating sustainability. Furthermore, this text is concerned with the main institutional obstacles to the achievement of sustainable welfare and wellbeing, and how these may feasibly be overcome. How can researchers assist policymakers in promoting synergy between economic, social and environmental policies conducive to globally sustainable welfare systems? Co-authored by a variety of cross-disciplinary contributors, a diversity of research perspectives and methods is reflected in a unique mixture of conceptual chapters, historical analysis of different societal sectors, and case studies of several EU countries, China and the US. This book is well suited for those who are interested in and study welfare, ecological economics and political economy.
Postgrowth And Wellbeing
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Author : Milena Büchs
language : en
Publisher: Springer
Release Date : 2017-07-20
Postgrowth And Wellbeing written by Milena Büchs and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-20 with Political Science categories.
This book presents a detailed and critical discussion about how human wellbeing can be maintained and improved in a postgrowth era. It highlights the close links between economic growth, market capitalism, and the welfare state demonstrating that, in many ways, wellbeing outcomes currently depend on the growth paradigm. Here the authors argue that notions of basic human needs deserve greater emphasis in debates on postgrowth because they are more compatible with limits to growth. Drawing on theories of social practices, the book explores structural barriers to transitions to a postgrowth society, and ends with suggestions for policies and institutions that could support wellbeing in the context of postgrowth. This thought-provoking work makes a valuable contribution to debates surrounding climate change, sustainability, welfare states and inequality and will appeal to students and scholars of social policy, sociology, political science, economics, political ecology and human geography.
The Microeconomics Of Wellbeing And Sustainability
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Author : Leonardo Becchetti
language : en
Publisher: Academic Press
Release Date : 2019-10-25
The Microeconomics Of Wellbeing And Sustainability written by Leonardo Becchetti and has been published by Academic Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-10-25 with Business & Economics categories.
The Microeconomics of Wellbeing and Sustainability: Recasting the Economic Process explores the civil economy tradition in economic thought. Gaining increasing consensus worldwide, this alternative—not heterodox—view of the economic process and agents explains how modern economics is placing increasing emphasis on the determinants of subjective wellbeing and environmental sustainability. With support from behavioral economics, this book makes a foundational contribution that will help users better understand and prepare for future economic challenges. Marries criticism of the neo-classical model with empirical work on the possibilities of alternative frameworks for action Links new ideas (homo reciprocans, happiness, relational goods) to established microeconomic concepts (the market, perfect and imperfect competition, utility maximization) Devotes specific attention to relevant elements in economic history, explaining how we evolved to the current paradigm and to its challenge
A Guide To Sustainable Corporate Responsibility
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Author : Caroline D. Ditlev-Simonsen
language : en
Publisher: Springer Nature
Release Date : 2022
A Guide To Sustainable Corporate Responsibility written by Caroline D. Ditlev-Simonsen and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022 with Industrial management categories.
This open access book discusses the challenges and opportunities faced by companies in an age that increasingly values sustainability and demands corporate responsibility. Beginning with the historical development of corporate responsibility, this book moves from academic theory to practical application. It points to ways in which companies can successfully manage their transition to a more responsible, sustainable way of doing business, common mistakes to avoid and how the UN Sustainable Development Goals are integral to any sustainability transformation. Practical cases illustrate key points. Drawing on thirty years of sustainability research and extensive corporate experience, the author provides tools such as a Step-by-Step strategic guide on integrating sustainability in collaboration with stakeholders including employees, customers, suppliers and investors. The book is particularly relevant for SMEs and companies operating in emerging markets. From a broader perspective, the value of externalities, full cost pricing, alternative economic theories and circular economy are also addressed.