Foundations of Social Ecological Economics: The Fight for Revolutionary Change in Economic Thought

This book explores radical dissent from orthodox mainstream economics,and sets out a theoretically grounded vision for the emerging paradigm of social ecological economics. It acknowledges the inextricable embeddedness of economies in biophysical reality and social structure,and synthesises insights from diverse and heterodox schools to challenge mainstream economic thought. It articulates a preanalytic vision of social ecological economics centered on social provisioning and needs embedded in ethics,and applies its analytical lens to the multiple crises of modernity within industrialised capital-accumulating economies.

Format: Hardback
Length: 272 pages
Publication date: 27 February 2024
Publisher: Manchester University Press

This book delves into the realm of radical dissent from orthodox mainstream economics, presenting a comprehensive and theoretically grounded vision for the emerging paradigm of social ecological economics. At the core of this paradigmatic shift lies a profound recognition of the inseparable interconnectedness of economies with biophysical reality and social structure. The pursuit of this transformative vision unfolds through a rigorous critical examination of mainstream environmental thought, followed by a nuanced evaluation of contributions from Marxists, socialists, critical institutionalists, feminists, and Post-Keynesians who are grappling with the urgent environmental crisis.

Synthesizing 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 the light of works by Kuhn, Schumpeter, and Neurath, emphasizing the pivotal role of values and ideology in the works of 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 favor 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 myriad crises of modernity within industrialized 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.

Weight: 570g
Dimension: 163 x 241 x 27 (mm)
ISBN-13: 9781526171481