The ecological economic perspective Pascal van Griethuysen PhD in Evolutionary Economics Research Fellow at UN Research Institute for Social Development Executive in Residence at Geneva Centre for Security Policy ID: 579613
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Development & SustainabilityThe ecological economic perspective
Pascal van Griethuysen PhD in Evolutionary EconomicsResearch Fellow at UN Research Institute for Social DevelopmentExecutive in Residence at Geneva Centre for Security Policy
vangriethuysen@unrisd.org
Roundtable in Human
Centered
Economics Inter-University Centre, Dubrovnik, Croatia February 1-3, 2017 Slide2
Development
& Sustainability
3 DIMENSIONS & IMPERATIVES
ecological sustainability
sociocultural evolution
economic developmentSlide3
E
H
N
Sustainable Development
A POLITICAL REPRESENTATION
Articulation ?
Hierarchy ?
SDSlide4
Sustainable Development
AN EMPIRICAL HIERARCHY
E
H
N
SD
eco-social
consid
.
subordinated to econ. expansionSlide5
solvency & monetary appraisal
profitability & competitiveness
growth & innovation
Capitalist normative hierarchy
capitalist requirements & rationale
eco-social considerations subordinated to capitalist requirements Slide6
Sustainable Development
A SYSTEMIC REPRESENTATION
N
H
E
E
Ì
H
Ì
N
H depends on N
E depends on H & NSlide7
Sustainable
Development
A SYSTEMIC HIERARCHY
economic
activities
subordinated
to
eco
-social
imperativesSlide8
Ecological economics
Relations btw
ecological context (EC)
& economic processes (EP)
Object
ecology-economy dialectics
biophysical dimension
entropic nature (R
W)
resources:
qualitative differences Instruments balances of EM (social metabolism) impact assessment life-cycle analysis (LCA)
EC
EPRW
THE BIOPHYSICAL DIMENSION Slide9
RESEARCH AREAS
entropy
&
bioeconomy
(
Georgescu-Roegen
)
energetics
(
Odum
)
industrial/social metabolism (Ayres, Giampietro)econ.-ecol. coevolution (Norgaard,
Gowdy)ecol. econ. & social justice (Martinez-Alier)steady state & sust. dev. (Daly, Costanza)bioecon. & degrowth
(Bonaiutti, Kallis)
Ecological economicsSlide10
STOCKS & FUNDS
ecological & economic differences of resources
STOCKS
(minerals & fossil fuels)
EM Flow
FUNDS
(Biosphere & ecosystems)
EM Flow
ecosystem services
biotic resources
H-N emancipation
power & continuity
econ. funds optimisation
specialisation
exponential growth
non renewability
natural temporalities
limited & discontinuous EM flow
econ funds idleness
diversification
limited growth
potential renewability Slide11
STOCKS & FUNDS
ecological & economic differences of resources
STOCKS
(minerals & fossil fuels)
EM Flow
FUNDS
(Biosphere & ecosystems)
EM Flow
ecosystem services
biotic resources
sustainable use
exponential growth
mineral
biotic
Resources
PotentialSlide12
Ecological
economics
Alternative
approaches
& practices
Reduce
throughput
(EM-flow)
EP
efficiency
4R -
reuse, reduce, recycle, recover
relocalisationcircular economy & downcyclingindustrial ecologyagrobiology functional economysufficiency economy
EC
EP
R
DSlide13
materialising
capitalist
expansion
industrial
development
financing
The capitalist-industrial complex
ATTRACTING WORLD DEVELOPMENTSlide14
The eco-social transition
A NORMATIVE HIERARCHY INVERSION
property
expansion
eco-social considerations
subordinated to
capitalist
requirements
Capitalist rationality
sustainable
development
economic activities
subordinated
to eco-social considerations
Eco-social rationaleSlide15
Sustainability & ecological economics
CONCLUSION
representing sustainability
(political vs scientific)
ecological economics &
biophysical dimension
entropic nature of economic process
ecol. & econ. differences of resources : crucial
alternative technology & practices exist
capitalist selection criteria dominate
shift
in normative hierarchy is required