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An Economics of Deep Transformations

Buch-Hansen, Hubert ; Nesterova, Iana and Koch, Max LU (2023) In Real-world Economics Review p.42-46
Abstract
A wide range of literatures have identified the capitalist organisation of societies, and the capitalist growth imperative central to this organisation, as the root cause of the catastrophic climate and biodiversity crises. Highlighting the need to break with this imperative, a growing community of scholars generally viewed as anti- and postcapitalist, there is no consensus on how precisely to conceptualise
degrowth. In recent works we have proposed a conceptualisation according to which it is a process involving deep transformations on four interconnected planes of social being. These are (a) material transactions with nature, (b) social interactions between people, (c) social structure, and (d) the inner being of individuals. In our... (More)
A wide range of literatures have identified the capitalist organisation of societies, and the capitalist growth imperative central to this organisation, as the root cause of the catastrophic climate and biodiversity crises. Highlighting the need to break with this imperative, a growing community of scholars generally viewed as anti- and postcapitalist, there is no consensus on how precisely to conceptualise
degrowth. In recent works we have proposed a conceptualisation according to which it is a process involving deep transformations on four interconnected planes of social being. These are (a) material transactions with nature, (b) social interactions between people, (c) social structure, and (d) the inner being of individuals. In our forthcoming book (Buch-Hansen et al. 2024), we theorise what such transformations entail in and how they can emanate from the sites of civil society, the state and business. In the present contribution we add to this perspective by briefly contemplating what sort of economics could play a
positive role for deep transformations to unfold. We start out from the currently dominant perspective in economics, neoclassical economics, arguing that it constitutes an economics of deep degradation inasmuch as it produces harm on each plane of being. We then outline a vision of an economics of
deep transformations a philosophically informed and genuinely interdisciplinary and holistic economics that could support change on all four planes. (Less)
Please use this url to cite or link to this publication:
author
; and
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
Economics, Deep transformations, Degrowth
in
Real-world Economics Review
issue
106
pages
42 - 46
publisher
P A E News
ISSN
1755-9472
project
Postgrowth Welfare Systems
Economic Elites in the Climate Change Transformation: Practices, justifications and regulations of unsustainable lifestyles in Sweden
language
English
LU publication?
yes
id
ad5d929d-5081-443e-85a5-8c799ce0c061
date added to LUP
2023-12-20 08:58:40
date last changed
2023-12-20 11:27:01
@article{ad5d929d-5081-443e-85a5-8c799ce0c061,
  abstract     = {{A wide range of literatures have identified the capitalist organisation of societies, and the capitalist growth imperative central to this organisation, as the root cause of the catastrophic climate and biodiversity crises. Highlighting the need to break with this imperative, a growing community of scholars generally viewed as anti- and postcapitalist, there is no consensus on how precisely to conceptualise <br/>degrowth. In recent works we have proposed a conceptualisation according to which it is a process involving deep transformations on four interconnected planes of social being. These are (a) material transactions with nature, (b) social interactions between people, (c) social structure, and (d) the inner being of individuals. In our forthcoming book (Buch-Hansen et al. 2024), we theorise what such transformations entail in and how they can emanate from  the sites of civil society, the state and business. In the present contribution we add to this perspective by briefly contemplating what sort of economics could play a <br/>positive role for deep transformations to unfold. We start out from the currently dominant perspective in economics, neoclassical economics, arguing that it constitutes an economics of deep degradation inasmuch as it produces harm on each plane of being. We then outline a vision of an economics of <br/>deep transformations a philosophically informed and genuinely interdisciplinary and holistic economics that could support change on all four planes.}},
  author       = {{Buch-Hansen, Hubert and Nesterova, Iana and Koch, Max}},
  issn         = {{1755-9472}},
  keywords     = {{Economics; Deep transformations; Degrowth}},
  language     = {{eng}},
  month        = {{12}},
  number       = {{106}},
  pages        = {{42--46}},
  publisher    = {{P A E News}},
  series       = {{Real-world Economics Review}},
  title        = {{An Economics of Deep Transformations}},
  year         = {{2023}},
}