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Pluralism refers to: Theories of science Paradigms in economics Ideology in a broad sense

CEMUS Course: The Global Economy – Environment, Development and Globalization , September 27, 2010 BASICS OF ECOLOGICAL ECONOMICS

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Pluralism refers to: Theories of science Paradigms in economics Ideology in a broad sense

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  1. CEMUS Course: The Global Economy – Environment, Development and Globalization, September 27, 2010 • BASICS OF ECOLOGICAL ECONOMICS • The International Society for Ecological Economics (ISEE) wasformed in 1989 and its journal Ecological Economics has appearedsince 1990. Later regional associations havebeenformed • ISEE can be seen as a social movementwithin the scientificcommunnitycharacterized by: • A commitment in relation to environment and developmentissues • Transdisciplinary approach • Pluralism • Pluralism suggests that ecologicaleconomists is not a homogenouscategory. Personally, I prefer a kind of institutionaleconomics

  2. Pluralism refers to: • Theories of science • Paradigms in economics • Ideology in a broad sense • Institutions • Manyecologicaleconomists (not all) are against monism in the abovesenses: • One theory of science (”The ScientificMethod” in Mankiw’stextbook) • Exclusivereliance on neoclassicaleconomics • Exclusivereliance on market ideology of the neoclassical and neoliberal kind • Alternatives to the present politicaleconomic system need not be considered

  3. Ecologicaleconomicsprinciplesalsoconcern: • The individual in the economy and in society • Business and otherorganizations • Perspectives on the economy with all kinds of actors • Markets • Ideasabout progress, welfare and poverty • Decision-making, efficiency and rationality • Democratic, social and institutionalchangeprocesses; and • Institutionalarrangementscompatible with specific interpretations of sustainabledevelopment

  4. In my case I tend to emphasizethe politicalaspect of ecologicaleconomics: • Individuals as actors and PoliticalEconomic Persons (PEPs) guided by an ideologicalorientation • Organizations as actors and Political Economic Organizations (PEOs) guided by an ideologicalorientation or mission • ’Ideology’ as ’means-endsrelationships’ is oftendiscussed at the collectivelevel. I argue that wemayalsorefer to an ’ideologicalorientation’ at the level of inndividuals

  5. All this suggests that democracy has to enterintoeconomics(implying a movementaway from ’technocracy’ (extreme forms of expertize): Literature: Söderbaum, Peter and Judy Brown, 2010. Democratizingeconomics. Pluralism as a pathtowardsustainability. Annals of the New York Academy of Sciences, Vol.1185, Ecological Economics Reviews, pp. 179-195 Söderbaum, Peter, 2000. Ecological Economics. A Political Economics approach to Environment and Development. Earthscan, London. Söderbaum, Peter, 2008. UnderstandingSustainability Economics. Towards Pluralism in Economics. Earthscan, London. New book in Swedish: Nationalekonomi och företagsekonomi för hållbar utveckling. Demokratiska spelregler ger en ny infallsvinkel för ekonomiska vetenskaper (to be publishedearly 2011)

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