Green Economics: Economics
for People and the Planet
Why green economics?
BOX1.1 INEQUALITYINTHEUK, 1994–2004
What is green economics?
From economic growth to a balanced economy
Table 1.2 Ecological footprinting and shadow pricing compared
Why green economics now?
Where do we go from here?
Where Did It All Start?
Key figures and ideas
Figure 2.1 Hazel Henderson’s illustration of the love economy
Photo 2.2 Richard Douthwaite
Challenging economics in the academy
Economics and Identity
Sustainability values, not monetary value
The guiding vision: Balance not growth
BOX3.2 DOUTHWAITE’SCRITERIAFOR‘GREEN’ GROWTH
Economics and relationship
Photo 3.1 The author modelling a ‘bioregional hat’
Photo 3.2 The convivial economy: Stroud farmers’ market
Re-embedding economics in nature
Figure 3.2 Permaculture flower
Figure 3.3 Rainwater harvesting system for a domestic property
Will a green economy mean more work or less?
Whose work is it anyway?
Deskilling and reskilling
Greening production and distribution
The politics of money
Money and global injustice
Money creation: Financially and ecologically unstable
Local currencies for a localized world
Green Business: From Maximizing
Profits to a Vision of Conviviality
Limitations of market and technological solutions
Issues of scale and ownership
BOX6.1 SHELLANDCSR: A CYNICALVIEW
Learning to switch the lights off
Table 6.1 Success of various sectors within a low-carbon economy
The Policy Context
The ecological modernization discourse
Policy responses to climate change
What’s wrong with GDP?
Measuring what we value
Figure 7.4 A comparison of GDP and ISEW in the UK, 1950–2002
Table 7.3 Additions and subtractions from GDP to arrive at the ISEW
Globalization and Trade
Whose comparative advantage?
How free is free trade?
Trade in the era of climate change and peak oil
Greening trade locally
Greening trade globally
Localization to replace globalization
Political protection for local economies
Photo 9.1 Stroud farmers’ market
Figure 9.3 NEF’s image of the ‘leaky bucket’ local economy
BOX9.4 A SUFFICIENCYECONOMYINTHAILAND
The next step: The bioregional economy
Photo 9.2 The Cuban ‘camel’: Improvised urban public transport in Havana
Theory of green taxation
Table 10.2 Impact of the congestion charge on traffic in London
Table 10.3 Examples of environmental taxes and charges
Table 10.5 Examples of ecotaxes in a range of EU countries
Table 10.6 Revenue from environmental taxes in the UK, 1993–2006 (£000s)
Green approaches to social policy
What is poverty? What is welfare?
Sharing the wealth; sharing the poverty
What is the welfare state?
Citizens’ Income and people’s pensions
A health service, not an illness service
Land and economics
Table 12.1 Experiences with LVT in various countries
Building on land
Figure 12.1 Equity creation through a CLT
Growing on the land
Photo 12.1 Springhill Co-housing, Stroud
Figure 12.2 Agriculture and economic systems of sustainable agriculture
Photo 12.2 Stroud Community Agriculture: Weeding in the cabbage patch