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Full Description
This book explores radical dissent from orthodox mainstream economics, and sets out a theoretically grounded vision for the emerging paradigm of social ecological economics. At the heart of this paradigmatic shift lies an acknowledgement of the inextricable embeddedness of economies in biophysical reality and social structure. The struggle for this transformative vision unfolds through a critical examination of mainstream environmental thought, followed by a nuanced evaluation of contributions from Marxists, socialists, critical institutionalists, feminists and Post-Keynesians grappling with the urgent environmental crisis.
Synthesising insights from these diverse and heterodox schools, the book navigates the philosophical underpinnings of science, embracing a critical realist approach that challenges not only mainstream economic thought but also eclectic pluralism, relativism and strong constructionism. The question of what constitutes revolutionary science is explored in light of works by Kuhn, Schumpeter and Neurath, emphasising the pivotal role of values and ideology in works from Marx to Gramsci.
Building on these radical and philosophical foundations, the book articulates a preanalytic vision of social ecological economics, dismantling entrenched notions of growth and efficiency in favour of a framework centered on social provisioning and needs embedded in ethics. In a thought-provoking conclusion, the book applies its analytical lens to the multiple crises of modernity within industrialised capital-accumulating economies. An agenda for social ecological transformation toward diverse alternative economies emerges, providing a compelling call to action in the face of contemporary challenges.
Contents
Preface
Part I: Radical foundations
1 Historical foundations and foundational conflicts
2 Addressing the environmental crisis: Orthodox versus heterodox economics
Part II: Philosophical foundations
3 Issues in history and philosophy of science with implications for economics
4 The philosophical basis for advancing knowledge in ecological economics
5 Revolutionary transformative science
Part III: Social ecological economic foundations
6 Reorienting to social ecological economics: The preanalytic vision
7 Integration of social, ecological and economic knowledge
8 Clarifying division and seeking unity
9 An alternative economics for alternative economies
References
Index
