Conceptualising an Alternative Political Economy of Sustainability

This book provides a far-reaching overview of the development of radical ecology and heterodox economics on the issues of sustainability, and arguing that greater engagement between these schools of thought is required to help formulate viable alternatives to the prevailing neoliberal ideology.

Engagement with and between a plurality of progressive, non-neoclassical traditions is an important step in fostering a more capacious understanding of sustainability both as a concept and as a political objective. To that end, this book provides a far-reaching overview of the development of radical ecology and heterodox economics on the issues of sustainability, highlighting the presence of different but largely complementary perspectives and arguing that greater engagement between these schools of thought is required to help formulate viable alternatives to the prevailing neoliberal ideology.

The chapters of this volume demonstrate, from various theoretical perspectives of radical ecology and heterodox economics (in particular, degrowth, ecosocialism, original institutional economics, theories of complex systems), the conceptual, ontological, epistemological and political economic limitations of existing mainstream accounts of sustainability, grounded, as they are, in neoclassical environmental economics.

The international cast list of contributors argues in favour of heterodox theories to inform an alternative political economy of socially just sustainability by considering how these are grounded in a more realistic, holistic and critical economics. Each chapter in this section examines how the schools of thought under consideration articulate the political economic foundations of "sustainability" and, in turn, what these mean in-practice over how, in policy action, sustainability should be achieved.

This volume is essential reading for anyone concerned with a viable alternative conception of sustainable economy, and in particular with readers from all strands of radical ecology and heterodox economics, policy makers, institutions and organisations dealing with the issues of sustainability.

Autorentext

Arturo Hermann is a senior researcher ("Primo ricercatore") at the Italian National Institute of Statistics (Istat), Rome, Italy.

Inhalt

Introduction Part I: Radical Ecology 1. Participatory Budgeting: An Eco-Socialist Reading 2. A Qualitative Leap: Beyond Money to Degrowth and Ecosocialism 3. Navigating Economic Crossroads for Sustainable Global Transition 4. Ecological economics as a platform for sustainable development 5. Beyond the Growth Paradigm: Degrowth for a Sustainable Future 6. The Marxian Approach to Ecological Sustainability in Socialist Society 7. After Modernism: Redefining Global Development in a Post-Imperial World Part II: Original Institutional Economics 9. Original Institutional Economics, Habits of Thought, and Sustainability 10. Complexity and Sustainability in the History of Economic Thought 11. Original Institutional Economics and Visions of a Sustainable Economy 12.Green Investment, Institutions, and Ecological Sustainability 13. Original Institutional Economics in an Interdisciplinary Perspective: Exploring Their Synergies in Building an Equitable and Sustainable Economy.