Conceptualising an Alternative Political Economy of Sustainability The Contributions of Radical Ecology and Heterodox Economics

 Introduction

Part I: Radical ecology

1. Participatory budgeting: An eco-socialist reading

    Fikret Adaman and Pat Devine

2. A qualitative leap: Beyond money to degrowth and ecosocialism

    Anitra Nelson

3. Navigating economic crossroads for sustainable global transition

     Ove D. Jacobsen

4. Ecological economics as a platform for sustainable development

    Peter Söderbaum

5. Beyond the growth paradigm: Degrowth for a sustainable future

    Diana Stuart and Aden Stern

6.  The Marxian approach to ecological sustainability in socialist society

      Richard Westra

7. After modernism: Redefining global development in a post-imperial world

     Kaitlin Kish and Stephen Quilley

8. Pulse-rebalance-network: New trajectories for sustainable development and global balance

     Kaitlin Kish and Stephen Quilley

Part II: Original institutional economics

9. Original institutional economics, habits of thought, and sustainability

    Richard V. Adkisson

10. Complexity and sustainability in the history of economic thought: From antiquity to modernity, with a focus on evolutionary-institutional economics and policy implications

      Wolfram Elsner

11. Original institutional economics and visions of a sustainable economy

      William Waller

12. Green investment, institutions, and ecological sustainability: A post-Keynesian institutionalist perspective

     Charles J. Whalen

13. Original institutional economics in an interdisciplinary perspective: Exploring their synergies in building an equitable and sustainable economy

      Arturo Hermann

Biography

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

Conceptualising an Alternative Political Economy of Sustainability: The Contributions of Radical Ecology and Heterodox Economics is an exceptionally well-designed attempt to advance towards a synthesis of the two most important, most acute streams of critical theories of today’s human society: The one dealing with the threat of environmental collapse and the complementary one trying to overcome the misleading capitalist organisation of the human species, which drives us towards this abyss. This clearly is an extremely complicated task calling for mutual understanding and mutual incorporation of traditionally separated fields of research. The book is an important first step and I recommend it for all scholars who want to engage in this species-saving quest.

-  Hardy Hanappi, ad personam Jean Monnet Chair for Political Economy of European Integration and Professor at the Institute of Statistics and Mathematical Methods in Economics of the TU Wien

How do we best go about making sense of sustainability and its complex interconnected environmental, economic, social, and political facets? The answer lies in intellectual pluralism. By bringing different economic and ecological perspectives into dialogue with one another, we improve our understanding. That’s what this volume does. It brings writers from a variety of heterodox political economy traditions — Original Institutional Economics, Marxism, and post Keynesian economics — into conversation with those writing from various radical ecology perspectives — deep ecology, bioeconomy and ecosocialism. The result is an intellectually rich discussion that points us towards productive collective purpose and policy.

-  Reynold Nesiba, Professor of Economics at Augustana University, Sioux Falls, South Dakota