Ecological Economics For The Anthropocene

Ecological Economics for the Anthropocene provides an urgently needed alternative to the long-dominant neoclassical economic paradigm of the free market, which has focused myopically—even fatally—on the boundless production and consumption of goods and services without heed to environmental consequences. The emerging paradigm for ecological economics championed in this new book recenters the field of economics on the fact of the Earth's limitations, requiring a total reconfiguration of the goals of the economy, how we understand the fundamentals of human prosperity, and, ultimately, how we assess humanity's place in the community of beings. Each essay in this volume contributes to an emerging, revolutionary agenda based on the tenets of ecological economics and advances new conceptions of justice, liberty, and the meaning of an ethical life in the era of the Anthropocene. Essays highlight the need to create alternative signals to balance one-dimensional market-price measurements in judging the relationships between the economy and the Earth's life-support systems. In a lively exchange, the authors question whether such ideas as "ecosystem health" and the environmental data that support them are robust enough to inform policy. Essays explain what a taking-it-slow or no-growth approach to economics looks like and explore how to generate the cultural and political will to implement this agenda. This collection represents one of the most sophisticated and realistic strategies for neutralizing the threat of our current economic order, envisioning an Earth-embedded society committed to the commonwealth of life and the security and true prosperity of human society.

Provides an urgently needed alternative to the dominant neoclassical paradigm of the free market, which has focused fatally on the boundless production and consumption of goods and services without heed to environmental consequences

Over the last 11,700 years, during which human civilization developed, the earth has existed within what geologists refer to as the Holocene Epoch. Now science is telling us that the Holocene Epoch in the geological time scale ended, replaced by the onset of a new, more dangerous Anthropocene Epoch, which began around 1950. The Anthropocene Epoch is characterized by an “anthropogenic rift” in the biological cycles of the Earth System, marking a changed reality in which human activities are now the main geological force impacting the earth as a whole, generating at the same time an existential crisis for the world’s population. What caused this massive shift in the history of the earth? In this comprehensive study, John Bellamy Foster tells us that a globalized system of capital accumulation has induced humanity to foul its own nest. The result is a planetary emergency that threatens all present and future generations, throwing into question the continuation of civilization and ultimately the very survival of humanity itself. Only by addressing the social aspects of the current planetary emergency, exploring the theoretical, historical, and practical dimensions of the capitalism’s alteration of the planetary environment, is it possible to develop the ecological and social resources for a new journey of hope.

Introduction -- Elucidating complexity theories -- Complexity in the natural sciences -- Complexity in social theory -- Towards transdisciplinarity -- Complexity in philosophy: complexification and the limits to knowledge -- Complexity in ethics -- Earth in the anthropocene -- Complexity and climate change -- American dreams, ecological nightmares and new visions -- Complexity and sustainability: wicked problems, gordian knots and synergistic solutions -- Conclusion.

How will the ecological and economic crises of the 21st century transform health systems and human wellbeing?

The rapid industrialization of societies has resulted in radical changes to the Earth’s biosphere and its local ecosystems. Climate scientists have recorded and forecasted worrying global temperature rises going back to the early twentieth century, while biologists and palaeontologists have suggested that the next mass extinction is on its way if the current rate of species loss continues. To avert further ecological damage, excessive natural resource use and environmental deterioration are challenges that humanity must deal with now. The human species has had such a significant impact on the natural environment that the present geological epoch can be referred to as the ‘Anthropocene’, the age of humans. The blame and responsibility for the prevailing unsustainability, however, cannot be assigned equally to all humans. To analyse the root problems and consequences of unsustainable development, as well as to outline rigorous solutions for the contemporary age, this transdisciplinary book brings together natural and social sciences under the rubric of the Anthropocene. The book identifies the central preconditions for social organization and governance to enable the peaceful coexistence of humans and the non-human world. The contributors investigate the burning questions of sustainability from a number of different perspectives including geosciences, economics, law, organizational studies, political theory and philosophy. The book is a state-of-the-art review of the Anthropocene debate and provides crucial signposts for how human activities can, and should, be changed.

Utopia in the Anthropocene takes a cross-disciplinary approach to analyse our current world problems, identify the key resistance to change and take the reader step by step towards a more sustainable, equitable and rewarding world. It presents paradigm-shifting models of economics, political decision-making, business organization and leadership and community life. These are supported by psychological evidence, utopian literature and inspirational changes in history. The Anthropocene is in crisis, because human activity is changing almost everything about life on this planet at an unparalleled pace. Climate change, the environmental emergency, economic inequality, threats to democracy and peace and an onslaught of new technology: these planetwide risks can seem too big to comprehend, let alone manage. Our reckless pursuit of infinite economic growth on a finite planet could even take us towards a global dystopia. As an unprecedented frenzy of change grips the world, the case for utopia is stronger than ever. An effective change plan requires a bold, imaginative vision, practical goals and clarity around the psychological values necessary to bring about a transformation. This book will be of great interest to students and scholars of the environmental humanities, sustainability studies, ecological economics, organizational psychology, politics, utopian philosophy and literature – and all who long for a better world.

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.