The Political Economy of Sustainability

The Political Economy of Sustainability
Author: Fred P. Gale
Publisher: Edward Elgar Publishing
Total Pages: 253
Release: 2018-07-27
Genre: Business & Economics
ISBN: 178536801X

This theoretical and practical book builds on the knowledge that sustainability’s value pluralism cannot be reconciled with the value monism of classical, neoclassical, nationalist or socialist political economy. Developing the concept of sustainability value (SV), which requires integrating economic (exchange), social (labour), environmental (intrinsic) and cultural (use) values in all processes of extraction, manufacturing, trade, consumption and disposal, the book reformulates our understanding of key political economy topics such as trade, investment, preference formation, corporate governance and the role of the state. The book illustrates how SV is being realised via multi-stakeholder networks which, forming at the community, national and global levels, enable the required cross-value deliberation.

The Politics of Actually Existing Unsustainability

The Politics of Actually Existing Unsustainability
Author: John Barry
Publisher: Oxford University Press
Total Pages: 345
Release: 2012-02-23
Genre: Political Science
ISBN: 0199695393

At the level of developing a progressive and critical theoretical understanding of unsustainability, it argues for the importance of integrating vulnerability, which has been largely neglected by both mainstream western political theory and analyses of the current global ecological crisis. It suggests that valuable insights into the causes of and alternatives to unsustainability can be found in a critical embracing of human vulnerability and dependency as both constitutive and ineliminable aspects of what it means to be human. Rather than seeing invulnerability as the appropriate response, the book defends resilience, and the ability to 'cope with' rather than 'solve' vulnerability, as more productive.

When Can Oil Economies Be Deemed Sustainable?

When Can Oil Economies Be Deemed Sustainable?
Author: Giacomo Luciani
Publisher: Springer Nature
Total Pages: 365
Release: 2020-09-30
Genre: Political Science
ISBN: 9811557284

This open access book questions the stereotype depicting all Gulf (GCC) economies as not sustainable, and starts a critical discussion of what these economies and polities should do to guarantee themselves a relatively stable future. Volatile international oil markets and the acceleration of the energy transition has challenged the notion that oil revenues are sufficient to sustain oil economies in the near to medium term. But what is the meaning of economic sustainability? The book discusses the multiple dimensions of the concept: economic diversification, continuing value of resources, taxation and fiscal development, labor market sustainability, sustainable income distribution, environmental sustainability, political order (democracy or authoritarianism) and sustainability, regional integration. The overarching message in this book is that we should move on from the simplistic branding of the Gulf economies as unsustainable and tackle the details of which adaptations they might need to undertake.

Thinking Ecologically About the Global Political Economy

Thinking Ecologically About the Global Political Economy
Author: Ryan Katz-Rosene
Publisher: Routledge
Total Pages: 236
Release: 2018-02-06
Genre: Political Science
ISBN: 1317389360

This book advances an ecologically grounded approach to International Political Economy (IPE). Katz-Rosene and Paterson address a lacuna in the literature by exploring the question of how thinking ecologically transforms our understanding of what IPE is and should be. The volume shows the ways in which socio-ecological processes are integral to the themes treated by students and scholars of IPE – trade, finance, production, interstate competition, globalisation, inequalities, and the governance of all these, notably – and further that taking the ecological dimensions of these processes seriously transforms our understanding of them. Global capitalism has always been premised on the extraction, transformation and movement of what have become known as ‘natural resources’. The authors provide a synthesis of ecological arguments regarding IPE and weave them into an overall approach to be usable by others in the field. This synthesis draws on basic ecological political ideas such as limits to growth and environmental justice, ideas in ecological economics, practices of ecological movements in the global economy, as well as key ideas from other political economic traditions relevant for developing an ecological approach. Providing a broad and critical introduction to international political economy from a distinctly ecological perspective, this work will be a valuable resource for students and scholars alike.

The Economics of Abundance

The Economics of Abundance
Author: Wolfgang Hoeschele
Publisher: CRC Press
Total Pages: 259
Release: 2016-03-23
Genre: Business & Economics
ISBN: 131703466X

No matter how many resources we consume we never seem to have enough. The Economics of Abundance is a balanced book in which Wolfgang Hoeschele challenges why this is so. He claims that our current capitalist economy can exist only on the basis of manufactured scarcity created by 'scarcity-generating institutions', and these institutions manipulate both demand and supply of commodities. Therefore demand consistently exceeds supply, and profits and economic growth can continue - at the cost of individual freedom, social equity, and ecological sustainability. The fact that continual increases in demand are so vital to our economy leads to an impasse: many people see no alternative to the generation of ever more demand, but at the same time recognize that it is clearly unsustainable ecologically and socially. So, can demand only be reduced by curtailing freedom and is this acceptable? This book argues that, by analyzing how scarcity-generating institutions work and then reforming or dismantling them, we can enhance individual freedom and support entrepreneurial initiative, and at the same time make progress toward social justice and environmental sustainability by reducing demands on vital resources. This vision would enable activists in many fields (social justice, civil liberties, and environmental protection), as well as many entrepreneurs and other members of civil society to work together much more effectively, make it more difficult to portray all these groups as contradictory special interests, and thereby help generate momentum for positive change. Meanwhile, for academics in many fields of study, the concept of the creation of scarcity or abundance may be a highly useful analytical tool.

Treadmill of Production

Treadmill of Production
Author: Kenneth A. Gould
Publisher: Routledge
Total Pages: 132
Release: 2015-11-17
Genre: Social Science
ISBN: 1317250133

Schnaiberg's concept of the treadmill of production is arguably the most visible and enduring theory to emerge in three decades of environmental sociology. Elaborated and tested, it has been found to be an accurate predictor of political-economic changes in the global economy. In the global South, it has figures prominently in the work of structural environmental analysts and has been used by many political-economic movements. Building new extensions and applications of the treadmill theory, this new book shows how and why northern analysts and governments have failed to protect our environment and secure our future. Using an empirically based political-economic perspective, the authors outline the causes of environmental degradation, the limits of environmental protection policies, and the failures of institutional decision-makers to protect human well-being.

The Condition of Sustainability

The Condition of Sustainability
Author: Ian Drummond
Publisher: Routledge
Total Pages: 770
Release: 2005-06-23
Genre: Science
ISBN: 1134647468

This book examines the political economy of sustainable development. The authors consider why most approaches to sustainable development have proved inadequate. Bringing together key ideas from social theory, food regimes and sustainability debates, the book presents a new and more dynamic way of thinking about sustainable development and a methodology for applying these ideas. Case study material focuses on the food system particularly the sugar industry in Australia and Barbados.

Capitalism: An Unsustainable Future?

Capitalism: An Unsustainable Future?
Author: Malcolm Sawyer
Publisher: Taylor & Francis
Total Pages: 325
Release: 2022-03-30
Genre: Business & Economics
ISBN: 100055225X

The four decades of neoliberalism, globalisation and financialisation have produced crises - financial and pandemic - and rising inequality. The climate emergency threatens the future of the planet. This book explores many dimensions of the background to these crises. There is the development of policy agendas to address the climate emergency. The rise in inequality is studied in terms of impacts of financialisation and the relationships between growth and inequality. The record of the neoliberal experiment in the USA is critically examined. The roles of financial institutions including public banks and micro-finance are explored, as is the need for improved financial oversight in the Economic and Monetary Union. The growth of global value chains has been a major aspect of globalisation, and the question is examined of whether such chains provide a ladder for development. Globalisation has also featured trade imbalances and large capital flows, and their causes and effects are examined with respect to China and South Africa respectively. This volume will be of great value to students, scholars and professionals interested in political economy, economic thought, climate change, sustainability and business studies. The chapters in this book were originally published as a special issue of the journal, International Review of Applied Economics.