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Economics, ideological orientation and democracy for sustainable development
Mälardalen University, School of Sustainable Development of Society and Technology. (Ekonomi för hållbar utveckling)ORCID iD: 0000-0003-2689-819X
2018 (English)Book (Other academic)
Abstract [en]

Mainstream neoclassical economics claims to be value-free. This is an illusion. Neoclassical economics is specific in value and ideological terms and close to neoliberalism as ideology. Each alternative school of thought in economics is similarly specific but different from neoclassical theory in ideological terms. In a democratic society the close to monopoly position of neoclassical theory can not be defended.

Present development guided largely by neoclassical economics is unsustainable. Sustainable development interpreted in terms of the Brundtland Commission is a different ideological orientation. This ideological orientation need to be considered in decision making at the societal level. 

Economics is redefined as multidimensional management of resoures in a democratic society. Positional Analysis is advocated as an alternative to neoclassical Cost-Benefit Analysis. One-dimensional trade-off analysis in monetary terms is replaced by multidimensional analysis in line with the 17 UN Sustainable Development Goals. Issues of inertia and irreversibility in different dimensions is taken seriously and conclusions are conditional inrelation to each ideological diemension considered.

Place, publisher, year, edition, pages
Bristol: World Economics Association , 2018, 2nd edition. , p. 96
Series
World Economics Association BOOK SERIES
Keywords [en]
economics, ideological orientation, democracy, sustaiable development, ecological economics, political economics person, political economic organization Cost-Benefit Analysis, Positional Analysis
National Category
Social Sciences Economics and Business
Research subject
Industrial Economics and Organisations
Identifiers
URN: urn:nbn:se:mdh:diva-41361ISBN: 978-1-911156-38-3 (print)ISBN: 978-1-911156-37-6 (print)ISBN: 978-1-911156-39-0 (print)OAI: oai:DiVA.org:mdh-41361DiVA, id: diva2:1264287
Projects
Economics for sustainable development
Note

Jag har tidigare inrapporterat en kortare version av bok med samma titel. 3 nya kapitel har tillkommit i 2nd edition

Available from: 2018-11-19 Created: 2018-11-19 Last updated: 2018-12-05Bibliographically approved

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https://www.worldeconomicsassociation.org/library/economics-ideological-orientation-and-democracy-for-sustainable-development/

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Total: 18 hits
CiteExportLink to record
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Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
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Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
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  • asciidoc
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