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The Metabolic Pattern of Societies

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The Metabolic Pattern of Societies

Where Economists Fall Short
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Description

It is increasingly evident that the conventional scientific approach to economic processes and related sustainability issues is seriously flawed. No economist predicted the current planetary crisis even though the world has now undergone five severe recessions primed by dramatic increases in the price of oil. This book presents the results of more than twenty years of work aimed at developing an alternative method of analysis of the economic process and related sustainability issues: it is possible to perform an integrated and comprehensive analysis of the sustainability of socio-economic systems using indicators and variables that have been so far ignored by conventional economists. The book’s innovative approach aims to provide a better framework with which we can face the predicaments of sustainability issues. It begins by presenting practical examples of the shortcomings of conventional economic analysis and examines the systemic problems faced when trying to use quantitative analysis for governance. In providing a critical appraisal of current applications of economic narratives to the issue of sustainability, the book presents several innovative concepts required to generate a post-Newtonian approach to quantitative analysis in the Musiasem approach. An empirical section illustrates the results of an analysis of structural changes in world and EU countries. Finally, the book, using the insight gained in the theoretical and empirical analysis, exposes the dubious quality of many narratives currently used in the sustainability debate. Overall, the performance of modern economies across different hierarchical levels of organization and across different disciplinary knowledge systems is fully analyzed and a more realistic measure of happiness and well-being is devised. The book should be of interest to researchers and students looking at the issue of sustainability within a variety of disciplines.

Author Biography:

Mario Giampietro is ICREA Research Professor at the Institute of Science and Technology for the Environment (ICTA) at Universitat Autonoma Barcelona, Spain. Kozo Mayumi is a Professor at The University of Tokushima, Japan, and is the author of The Origin of Ecological Economics, also published by Routledge. Alevgül H. Sorman is a researcher working in the Research Group of Integrated Assessment at the Institute of Science and Technology for the Environment (ICTA) at Universitat Autonoma Barcelona, Spain.
Release date NZ
May 30th, 2014
Audience
  • Tertiary Education (US: College)
Illustrations
7 Tables, black and white; 110 Line drawings, black and white; 110 Illustrations, black and white
Pages
408
Dimensions
156x234x24
ISBN-13
9781138802926
Product ID
22251183

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