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


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.




Coevolutionary Economics: The Economy, Society and the Environment


Book Description

The subject of this volume is the human economy and its coevolutionary relationship with the natural world. This relationship is examined in three broad types of societies; hunter--gatherers, agriculturalists, and modern market economies. A growing body of scientific evidence has made it clear that the current human impact on the environment is far above the level that can be maintained without causing profound changes in the biophysical world to which we belong. The new fields of ecological economics and evolutionary economics can help us understand the relationship between the economy, society and the environment and may help us to formulate effective policies to manage these changes.




The Commons in an Age of Uncertainty


Book Description

In the last two hundred years, the earth has increasingly become the private property of a few classes, races, transnational corporations, and nations. Repeated claims about the "tragedy of the commons" and the "crisis of capitalism" have done little to explain this concentration of land, encourage solution-building to solve resource depletion, or address our current socio-ecological crisis. The Commons in an Age of Uncertainty presents a new explanation, vision, and action plan based on the idea of commoning the land. The book argues that by commoning the land, rather than privatising it, we can develop the foundation for prosperity without destructive growth and address both local and global challenges. Making the land the most fundamental priority of all commons does not only give hope, it also opens the doors to a new world in which economy, environment, and society are decolonised and liberated.




Nature, Economy and Society


Book Description

This book presents an enquiry into the interface between nature, economy and society, which is still in its early stages, notwithstanding the commendable progress and advances made in the field of environmental and natural resource economics within the ever-expanding boundaries of economics as a discipline. It further delineates the evolution of an inter-disciplinary framework for analyzing the status, the future goals, mechanisms and policy instruments that can help move towards a more ecologically sustainable, economically beneficial and socially just future. A pre-requisite for preparing a comprehensive and coherent framework involves unfolding the multiple layers of interconnectedness between the three systems nature, economy and society, each of which has its own internal consistencies as well as externalities. Against this backdrop, the book presents scholarly contributions that focus on four broadly defined building blocks, namely: i) accounting for ecosystems services for life and human well-being; ii) impacts of economic growth on ecosystems; iii) social norms, equity, and governance; and iv) alternative approaches to green and socio-economic systems. The analyses, presented by some of the most eminent national and international scholars, address the major environmental challenges that nations around the world face today and consider which specific policy directions at the international and national level are needed. In particular, the choices India and South Asia now face, as development and environment both need to be addressed adequately, touch on many of these challenges.




Nature's Fortune


Book Description

What is nature worth? The answer to this question -- which traditionally has been framed in environmental terms -- is revolutionizing the way we do business. In Nature's Fortune, Mark Tercek, CEO of The Nature Conservancy and former investment banker, and science writer Jonathan Adams argue that nature is not only the foundation of human well-being, but also the smartest commercial investment any business or government can make. The forests, floodplains, and oyster reefs often seen simply as raw materials or as obstacles to be cleared in the name of progress are, in fact as important to our future prosperity as technology or law or business innovation. Who invests in nature, and why? What rates of return can it produce? When is protecting nature a good investment? With stories from the South Pacific to the California coast, from the Andes to the Gulf of Mexico and even to New York City, Nature's Fortune shows how viewing nature as green infrastructure allows for breakthroughs not only in conservation -- protecting water supplies; enhancing the health of fisheries; making cities more sustainable, livable and safe; and dealing with unavoidable climate change -- but in economic progress, as well. Organizations obviously depend on the environment for key resources -- water, trees, and land. But they can also reap substantial commercial benefits in the form of risk mitigation, cost reduction, new investment opportunities, and the protection of assets. Once leaders learn how to account for nature in financial terms, they can incorporate that value into the organization's decisions and activities, just as habitually as they consider cost, revenue, and ROI. A must-read for business leaders, CEOs, investors, and environmentalists alike, Nature's Fortune offers an essential guide to the world's economic -- and environmental -- well-being.




Nature's Economy


Book Description

Nature's Economy is a wide-ranging investigation of ecology's past, first published in 1994.




Ecology, Economy and Society


Book Description

This book deals with not just complex linkages, interactions and exchanges that form the relationship between the economic activities, human society and the ecosystems, but also the influences and impacts that each causes on the other. In recent times, this ecology–economy–society interface has received unprecedented attention within the broader environment–development discourse. The volume is in honour of Kanchan Chopra, one of the pioneers of research in these areas in India. She has recently been awarded the coveted Kenneth Boulding Award by the International Society for Ecological Economics (ISEE) and is the first Asian to receive it. The four sub-themes of the book reflect some of the important areas in the environment–development discourse — sustainability of development, institutions and environmental governance, environment and well-being, and ecosystem and conservation. Within each of the sub-themes, the policy and the practice as well as the macro and micro aspects are addressed. With contributions mainly from ecological economists and ecologists, the book’s approach is interdisciplinary, both in spirit and content, reflecting the honoree's work, which went not just beyond the mainstream ideology of economics, but also the way she listened to ideas from disciplines like ecology and sociology. The volume also includes two reflective essays on academic life and works of Kanchan Chopra. The book is a valuable resource for students, teachers, researchers, practitioners and policy makers in the areas of development economics, ecological economics, environmental economics and related disciplines such as conservation, development, ecology, economics, environment, governance, health, sociology and public policy.




Ecocritique


Book Description




Humanity and Nature in Economic Thought


Book Description

Humanity and Nature in Economic Thought: Searching for the Organic Origins of the Economy argues that organic elements seen as incompatible with rational homo economicus have been left out of, or downplayed in, mainstream histories of economic thought. The chapters show that organic aspects (that is, aspects related to sensitive, cognitive or social human qualities) were present in the economic ideas of a wide range of important thinkers including Hume, Smith, Malthus, Mill, Marshall, Keynes, Hayek and the Polanyi brothers. Moreover, the contributors to this thought-provoking volume reveal in turn that these aspects were crucial to how these key figures thought about the economy. This stimulating collection of essays will be of interest to advanced students and scholars of the history of economic thought, economic philosophy, heterodox economics, moral philosophy and intellectual history.




The Wealth of Nature


Book Description

Hailed as "one of the most eminent environmental historians of the West" by Alan Brinkley in The New York Times Book Review, Donald Worster has been a leader in reshaping the study of American history. Winner of the prestigious Bancroft Prize for his book Dust Bowl, Worster has helped bring humanity's interaction with nature to the forefront of historical thinking. Now, in The Wealth of Nature, he offers a series of thoughtful, eloquent essays which lay out his views on environmental history, tying the study of the past to today's agenda for change. The Wealth of Nature captures the fruit of what Worster calls "my own intellectual turning to the land." History, he writes, represents a dialogue between humanity and nature--though it is usually reported as if it were simple dictation. Worster takes as his point of departure the approach expressed early on by Aldo Leopold, who stresses the importance of nature in determining human history; Leopold pointed out that the spread of bluegrass in Kentucky, for instance, created new pastures and fed the rush of American settlers across the Appalachians, which affected the contest between Britain, France, and the U.S. for control of the area. Worster's own work offers an even more subtly textured understanding, noting in this example, for instance, that bluegrass itself was an import from the Old World which supplanted native vegetation--a form of "environmental imperialism." He ranges across such areas as agriculture, water development, and other questions, examining them as environmental issues, showing how they have affected--and continue to affect--human settlement. Environmental history, he argues, is not simply the history of rural and wilderness areas; cities clearly have a tremendous impact on the land, on which they depend for their existence. He argues for a comprehensive approach to understanding our past as well as our present in environmental terms. "Nostalgia runs all through this society," Worster writes, "fortunately, for it may be our only hope of salvation." These reflective and engaging essays capture the fascination of environmental history--and the beauty of nature lost or endangered--underscoring the importance of intelligent action in the present.