This text argues that the major economic problems of the present century involve issues of public goods and common pool resources with which orthodox economic theory, based as it is on private markets, is ill-equipped to deal.

How should we conduct economics in an era of climate change, natural resource depletion and population increase? These issues are systemic, and involve great uncertainties and long time horizons. This book contends that the free-market economics that has dominated capitalist democracies in recent decades is not up to the task; that the welfarist economics that preceded it, while preferable, also has inadequacies; and that what is required is an economics founded on ecological principles, greater respect for the laws of natural science, and a moral commitment to a sustainable future. The book commences with an exposition of major aspects of orthodox macroeconomic and microeconomic theory. It then explores the bounds of orthodox theory in relation to ethics, liberalism, ideology, society, the international economy, globalization, and the environment, and seeks lessons for a future economics. Issues raised by natural resource use and climate change are given particular prominence. Many of the issues of critical importance in coming decades involve not private goods but public goods: goods which markets are ill-equipped to deal with. In the resolution of these issues political processes will need to be engaged. The availability to each individual of clean air, clean water and adequate sustenance, goods which cannot be provided for by economic production alone, are of central concern. While acknowledging the importance of market processes, the author argues in favour of a more deliberative and democratic economy, the greater engagement of civil society, environmental human rights and responsibilities, and in favour of a World Environment Organization, change in the conduct of the World Trade Organization, and for economists to accept moral responsibility for the policies they advocate. Specific case studies are given and potential policies outlined. This book will be of interest not only to economists but also to citizens generally and students concerned with public affairs.

This highly readable yet challenging book provides a critical examination of the failings of mainstream economics and the resultant environmental problems we are facing. Most importantly, it articulates what an alternative economics for sustainability would look like in both theory and practice. The book provides a brief history of economics and looks at the intersection between politics and the often hidden values embedded in economics. Also covered are the roles of individuals and organizations, political structures and institutions, democracy, environmental decision-making, sustainability assessment and a vision of a future underpinned by sustainability economics. A main point raised is that, in any serious attempt to come to grips with unsustainable trends, fundamental issues such as the theory of science, the role of science in society, paradigms in economics, ideological orientations and institutional arrangements need to be critically examined. The theory is supported by case studies, explanatory figures, further reading sections and discussion questions to facilitate debate and learning.

The joint report of twenty-one social scientists who collaborated over two years under the name of the Group on East-South Systems Transformations (ESST) identifies the principal political and economic choices confronting new democracies in Southern and Eastern Europe and South America.

Democracy, Ecological Integrity and International Law is the latest product of research by the Global Ecological Integrity Group (www.globalecointegrity.net), an organisation that has been meeting annually since 1992 to discuss scientific, philosophical, political and legal aspects of ecological integrity. This collection examines various aspects of governance from the standpoint of integrity: from democracy, to forms of Native governance, from globalization and neocolonialism to specific human rights to food, water and climate.

Sustainable Economy and Emerging Markets provides a snapshot of the different dimensions of sustainability and analyses how they interact and configure themselves, case by case, in selected emerging economies. The parameters of economic growth in developing economies are explored in the context of systems, climate change, and environmental challenges. With contributions from a range of business academics, economists, and practitioners, this book conveys a picture of the complex nature of the new global business environment, especially the geopolitical dynamics of emerging countries, and breaks down the challenges across geographic fault lines, offering insights into current business practice. By adopting an in-depth case study approach, this edited book offers and discusses examples from several emerging markets and elucidates how these organisations have modelled business based on sustainable development in its various forms. This book will prove valuable reading for students and scholars of international business, international trade, sustainability, and development.

Species are going extinct, forests are burning, and children are worried about the future and their peers worldwide. But that is not the whole story: One Friday in 2018, a few young people joined Greta Thunberg to protest, and the global climate strike movement was born. Scientist David Fopp spent 250 Fridays with the newly formed grassroots movements. Together with activists Isabelle Axelsson and Loukina Tille, he offers an insider perspective on how scientists and activists can fight for a just and sustainable global society. The volume also offers both an introduction to ecophilosophy and a unified science of democracy in times of interdependent crises. How can research in all disciplines - from (drama) education and economics to psychology - help with this struggle? And how can we all fight the climate crisis by transforming and deepening democracy?

The near-unanimous consensus among climate scientists is that the massive burning of gas, oil, and coal is having cataclysmic impacts on our atmosphere and climate. These climate and environmental impacts are particularly magnified and debilitating for low-income communities and communities of color. Energy democracy tenders a response and joins the environmental and climate movement with broader movements for social and economic change in this country and around the world. Energy Democracy brings together racial, cultural, and generational perspectives to show what an alternative, democratized energy future can look like. The book will inspire others to take up the struggle to build the energy democracy movement.

Environmental Sustainability, Growth Trajectory and Gender focuses on three major issues affecting developing economies: environmental sustainability, growth trajectory and gender. Awareness is increased through an exploration of policies and actions that will enhance gender equality and sustainable development.

Germany and Britain are two major European economies that have been trying to confront the challenges of globalisation in very different ways. Britain has favoured market liberal strategies; Germany has endeavoured to retain its tradition of consensualism and the strong welfare state. Focusing on the period since 1997/8, this book explores the controversies and struggles surrounding the agendas of social, economic, and political modernisation in the two countries. The New Labour governments in Britain and the Social Democratic coalition governments in Germany have been introducing a range of reform policies designed to reform the welfare state and increase the respective country's competitiveness in the global market. In both countries, however, these policies have triggered societal resistance. The governing parties had to confront electoral setbacks, an exodus of party members, strains on the relationship with traditional political allies, and an increasingly alienated public. Within this context, this book focuses on the tensions between two key parameters in contemporary modernisation discourses: economic efficiency and democratic renewal. Political elites in many European countries are presenting the achievement of efficiency gains as a primary objective of globalisation-induced societal reform. At the same time civic empowerment and the engagement of civil society are widely regarded as essential for increasing the quality, legitimacy, and effectiveness of public policy making. But can these two goals be achieved at the same time? What exactly does the highly contested term efficiency imply? What is its relationship towards the equally ambiguous goal of democratic renewal? Focusing on a variety of political actors, structures and strategies in Germany and Britain, the individual chapters in this book trace how the tensions between economic efficiency and democratic renewal surface, how definitional struggles surrounding these ideals are being managed, and how new syntheses between the two parameters are being forged.