The multidisciplinary edited book Visions and Strategies for a Sustainable Economy: Theoretical and Policy Alternatives provides a thorough examination – at the theoretical and, especially, policy levels – of a number of key topics related to a sustainable economy and a better society. With important contributions by distinguished academics, the book presents alternative views, provides an assessment of contemporary realities in an era of ecological emergency, and offers visions, strategies, and realistic policies towards a better economy and society while paying special attention to a “green new deal” for different areas.
Author(s): Nikolaos Karagiannis, John E. King
Series: Global Institute for Sustainable Prosperity
Publisher: Palgrave Macmillan
Year: 2022
Language: English
Pages: 327
City: Cham
Visions and Strategies for a Sustainable Economy: Theoretical and Policy Alternatives
Setting the Context
The Structure of the Book
Contents
Editors and Contributors
About the Editors
Contributors
List of Figures
List of Tables
Sustainability and Development Policies
Sustainability in the Ancient World: Sufficiency as a Strategy of Aristocratic Hegemony
1 Introduction
2 Sufficiency and Its Ulterior Motives
3 Rome: Empire Without Limit
4 Nemesis and Aristocratic Self-Fashioning
5 The Slippery Gold of Seneca
6 Conclusion
References
Linking the Developmental State to Green Economic Growth
1 Introduction
2 Developmental State Theory in Retrospect: The Absence of ‘Green’
3 Towards a Green Developmental State Framework
3.1 Sociocultural and Politico-Institutional Elements
3.2 Economic Development and Industrial Targeting Aspects
4 Conclusions
References
An Environmental Industrial Strategy for Sustainability
1 Introduction
2 The Case for Environmental Industrial Strategy
3 Funding an Environment Industrial Strategy
4 Macroeconomic Policies for an Environmental Industrial Strategy
4.1 Fiscal Policy
4.2 Monetary and Central Bank Policies
5 Concluding Comments
References
Sustainability and Economic Policies
Proper Future Economic Policies
1 Introduction
2 Pre- and After–GFC and Covid-19 Economic Policies
3 Necessary Economic Policy Changes
4 Summary and Conclusions
References
Monetary Policy Support for a Green New Deal
1 Introduction
2 Green Government Bonds for a Sustainable Economy
3 Interest-Rate Policy for an Ecological Transition
4 Conclusion
References
“Economic Possibilities for Our Grandchildren” Revisited
1 Introduction
2 Abolishing Short Termism
3 Reinventing the State
4 A Real Bonds Doctrine
5 An SFC Representation
6 Discussion
7 Conclusion
References
Costing the Green New Deal in the United States: The Modern Money Theory Approach
1 Introduction
2 Affordability: The MMT Approach
3 “Costing” the Green New Deal
3.1 The Job Guarantee Path to Jobs for All: (and a Source of Resources for the GND)
3.2 Renewable Energy and Energy Efficiency
3.3 Universal Single-Payer Healthcare
3.4 End the Forever Wars
3.5 Achieving Net Zero Carbon Emissions in Agriculture
3.6 Other Sources of Inflationary Pressures
4 Responding to Inflationary Pressures
4.1 Taxing the Rich
4.2 Taxes on Wages—deferred Consumption
5 Conclusions
References
Sustainability and Social Policies
Sustainability and Social Policy Nexus
1 Introduction
2 Social Policy and the Question of Sustainability
3 From Normative to Positive Social Policy: Distributional Issues
3.1 Positive Social Policy
3.2 Growth, Sustainable Development and Social Policy
3.3 The Key Questions for a Sustainable Social Policy
4 Growth or Degrowth?
4.1 What Kind of Growth?
5 Conclusion
References
Moving Towards a Sustainable Economy—A Social Liberal View
1 Introduction: Problem and Plan
2 Liberalism and Social Liberalism
3 Neoclassical Economics and Classical-Keynesian Political Economy
4 The Natural State and Alienation
5 Classical-Keynesian Political Economy and the Problem of the Natural Environment
6 The External Employment Mechanism at the Origin of Environmental Problems
7 The Internal Employment Mechanism, the Sustainable Economy and the Natural State
8 Environmental Policies: Employment Projects and the Natural Environment
9 Concluding Remarks: Unleashing the “Social” Through Striving After the Common Good
References
Green New Deal Policies and the Decarbonisation Challenge
1 Introduction
2 Responding to the Challenge of Global Warming
3 Green New Deal and Green Recovery Programmes
4 A Post-Keynesian Approach to Modelling the Economic and Environmental Impact of a Green Recovery Programme
4.1 Motivation
4.2 The E3ME Model
4.3 Using E3ME to Model a Green Recovery
5 Conclusions
References
Sustainability and Area Studies
Building Sustainable Communities in the Global South: The Communitarian Revolutionary Subject
1 Introduction
2 An Alternative Understanding: A Different Point of Departure
3 Building the Commons: Local Solutions Are Collective Endeavors
4 Creating the Foundations for Communal Governance: Generating and Managing Surplus
5 Communal Approaches to Environmental Justice
6 The Prospects for Alternative Strategies for Environmental Justice
References
Linking Caribbean Development Options to Green and Blue Economic Growth: Key Notions and Policy Implications
1 Introduction: The Caribbean Development Context
2 Caribbean Development Strategies: Past and Present
3 The Caribbean Developmental State: A Pragmatic Alternative
4 Developmental State-Led Green and Blue Growth Strategies for Caribbean Economies
5 Conclusion
References
China’s Ecological Civilization: From Contradiction to Synthesis
1 Introduction
2 China’s Dual Crises of Unemployment and Environmental Degradation
3 The Economy and the Environment in China
4 Contradictions in China’s Environmental Policies from 1978 to 2005
5 From Contradiction to Synthesis Since 2005
6 Conclusion
Works Consulted
Index
