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The Economics of Abundance - A Political Economy of Freedom, Equity, and Sustainability (Hardcover, New Ed)
Loot Price: R4,452
Discovery Miles 44 520
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The Economics of Abundance - A Political Economy of Freedom, Equity, and Sustainability (Hardcover, New Ed)
Series: Gower Green Economics and Sustainable Growth Series
Expected to ship within 12 - 17 working days
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No matter how many resources we consume we never seem to have
enough. The Economics of Abundance is a balanced book in which
Wolfgang Hoeschele challenges why this is so. He claims that our
current capitalist economy can exist only on the basis of
manufactured scarcity created by 'scarcity-generating
institutions', and these institutions manipulate both demand and
supply of commodities. Therefore demand consistently exceeds
supply, and profits and economic growth can continue - at the cost
of individual freedom, social equity, and ecological
sustainability. The fact that continual increases in demand are so
vital to our economy leads to an impasse: many people see no
alternative to the generation of ever more demand, but at the same
time recognize that it is clearly unsustainable ecologically and
socially. So, can demand only be reduced by curtailing freedom and
is this acceptable? This book argues that, by analyzing how
scarcity-generating institutions work and then reforming or
dismantling them, we can enhance individual freedom and support
entrepreneurial initiative, and at the same time make progress
toward social justice and environmental sustainability by reducing
demands on vital resources. This vision would enable activists in
many fields (social justice, civil liberties, and environmental
protection), as well as many entrepreneurs and other members of
civil society to work together much more effectively, make it more
difficult to portray all these groups as contradictory special
interests, and thereby help generate momentum for positive change.
Meanwhile, for academics in many fields of study, the concept of
the creation of scarcity or abundance may be a highly useful
analytical tool.
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