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A Planetary Economy (Hardcover, 1st ed. 2020)
Loot Price: R3,205
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A Planetary Economy (Hardcover, 1st ed. 2020)
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This book asks, how would a stable, prosperous economy of the
future look if one started with a blank sheet of paper? Given that
the world's economy is locked into a coevolution with nature, the
urgency of this question is brought into stark relief by the 2020
coronavirus pandemic and ongoing climate change. While physical
technologies to build such an economy mostly exist, the social
technologies, in the form of institutions, governance and policies,
do not. The development of these social technologies will
necessitate a reconsideration of economic norms: in particular,
what is the economy for, and what are we, as actors within it,
striving for? This book integrates normative, institutional,
political and economic requirements into a systematic framework to
drive our present growth economy toward a future planetarian one.
It outlines a suite of interrelated policies to increase the
economy's material efficiency, establish a basic living standard,
and reform the money system, while along the way eliminating
economic debt and balancing government budgets. The framework and
policies together form a paradigm of market planetarianism: the
idea that the power of markets may be used to steer the economy
toward a desired long-term goal. The methodological aspects of this
paradigm are covered in the companion volume, Economics of a
Crowded Planet.
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