Economics, Ideological Orientation and Democracy for Sustainable Development 2nd Edition
Author | : |
Publisher | : World Economics Association |
Total Pages | : 100 |
Release | : 2018-10-11 |
ISBN-10 | : 1911156381 |
ISBN-13 | : 9781911156383 |
Rating | : 4/5 (81 Downloads) |
Book excerpt: Sustainable development is a challenge for individuals in different roles, for organizations, for communities at local, national and global levels. How can we deal with climate change, biological diversity loss or pollution of land and water? How can social inequality be reduced and democracy strengthened?Can mainstream neoclassical economics be further developed to deal with these issues? While not excluding positive contribution from mainstream economics as part of a pluralist perspective, the main strategy in the book is based on a judgment that new conceptual frameworks and a new economics language is needed. It is even argued that the close to monopoly position of neoclassical theory at university departments of economics globally may be part of the sustainability problems faced.When compared with neoclassical theory