For the common good herman daly

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for the common good herman daly

For the Common Good: Redirecting the economy toward community, the environment, and a sustainable future. by Herman E. Daly

Winner of the Grawemeyer Award for Ideas Improving World Order 1992, Named New Options Best Political Book

Economist Herman Daly and theologian John Cobb, Jr., demonstrate how conventional economics and a growth-oriented industrial economy have led us to the brink of environmental disaster, and show the possibility of a different future.

Named as one of the Top 50 Sustainability Books by University of Cambridges Programme for Sustainability Leadership and Greenleaf Publishing.
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Published 20.02.2019

Herman Daly Keynote pt. 3

For The Common Good

The authors argue that the current economic model has pushed the world to the brink of environmental disaster. Placing economic growth above everything else is what has led to the challenges we are facing today, such as resource scarcity and wasteful use of energy, they say. The book is a profound critique of conventional theories and policies and the authors offer an alternative approach that considers a wide variety of consequences and priorities, such as the needs of communities and the environment. One of the key ideas they advocate is creating smaller economies that are built around communities and are scaled to need, rather than a central economy that has far-reaching, and often negative, implications for other regions. The authors focus strongly on the importance of stewardship and placing other needs before that of growth, giving some policy suggestions that are controversial and can certainly spark debate. These include placing taxes on industrial polluters, businesses creating partnerships with employees and creating an economy that is less reliant on imports. Sitemap Privacy policy Terms and conditions.

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For the Common Good outlines a new economics based upon community as an alternative to capitalism and socialism. Few other volumes address these issues with such insight. Its critique of economic doctrine is shattering. It offers an understanding of the contemporary economy that is informed by a sophisticated philosophical and theological understanding of the human community. Economists are no more guilty of the fallacy of misplaced concreteness than other scholars, and economists as a group are not less intelligent, less dedicated, or less thoughtful than others. The problem does not arise from personal weakness; it arises from the nature of academic disciplines in general and from the nature of deductive sciences in particular, especially when the formalizations are applied to a subject matter that changes relatively rapidly.

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