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Beyond Uneconomic Growth

Beyond Uneconomic Growth

Economics, Equity and the Ecological Predicament

Advances in Ecological Economics series

Edited by Joshua Farley and Deepak Malghan

This engaging book brings together leading ecological economists to collectively present a definitive case for looking beyond economic growth as the sole panacea for the world’s ecological predicament. Grounded in physics, ecology, and the science of human behavior, contributors show how economic growth itself has become “uneconomic” and adds to a ravaging of both social and ecological cohesion.

Chapter 10: Ecological and Georgist economic principles: a comparison

Clifford Cobb

Subjects: economics and finance, environmental economics, environment, ecological economics


There are today a large number of schools of thought in economics that take as their starting point a critique of neoclassical economics. Yet, in their critique of the dominant mode of economic analysis, they do it homage. They are like students arguing with the master, whom they acknowledge by their disputes. The two-factor, highly formalized models that characterize neoclassical thought will be moved from the center to the periphery of economics only if the proponents of diverse schools of criticism begin studying each other’s thought and building alternative paradigms that are as comprehensive as the one they seek to replace. This chapter attempts to draw some connections between the principles of ecological economics and Georgist economics (named after Henry George). In order to engage in this dialogue, I will adopt a rather stylized view of both perspectives. My hope is not to offer a thorough explication of their differences and similarities, but merely to begin a process of looking for questions on which dialogue might be fruitful.

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