This book is an authoritative and accessible guide to the pluralist movement threatening to revolutionise mainstream economics. Leading figures in the field explain why pluralism is a required virtue in economics, how it came to be blocked and what it means for the way we think about, research and teach economics.The first part of the book looks at how neoclassical economics gained its stranglehold, particularly in the United States, and how the social and intellectual underpinning...

Ecological economics seeks to socially construct a political economics which will deal successfully with environmental problems and make the individual more visible in economic analysis. The author describes the principles, strategies and instruments of social change for key players - governmental agencies, business corporations, environmental and religious organizations and universities - and underlines their responsibilities in the market economy. Peter Soderbaum emphasizes the need to a...

Climate change, biodiversity loss, pollution of land and water, land-use changes, lack of equality and other problems at local, national and global levels represent a challenge for economics as a social science. Mainstream neoclassical economics may be able to contribute to a more sustainable society but it has also played a dominant role in a period where problems have been aggravated. A pluralist and democratic view of economics is therefore very much warranted. This book presents a mult...

This highly readable yet challenging book provides a critical examination of the failings of mainstream economics and the resultant environmental problems we are facing. Most importantly, it articulates what an alternative economics for sustainability would look like in both theory and practice.The book provides a brief history of economics and looks at the intersection between politics and the often hidden values embedded in economics. Also covered are the roles of individuals and...

In this major theoretical statement, the author offers a new and provocative interpretation of the institutional transformations associated with modernity. We do not as yet, he argues, live in a post-modern world. Rather the distinctive characteristics of our major social institutions in the closing period of the twentieth century express the emergence of a period of 'high modernity,' in which prior trends are radicalised rather than undermined. A post-modern social universe may eventually...

At Copenhagen in December 2009, the international community agreed to limit global warming to below two degrees Celsius to avoid the worst impacts of human-induced climate change. However climate scientists agree that current national emissions targets collectively will still not achieve this goal. Instead, the ‘ambition gap’ between climate science and climate policy is likely to lead to average global warming of around four degrees Celsius by or before 2100. If a ‘Four Degree World’ is t...

Liberty and freedom are frequently invoked to justify political action. Presidents as diverse as Woodrow Wilson, Franklin Delano Roosevelt, John F. Kennedy, Ronald Reagan, and George W. Bush have built their policies on some version of these noble values. Yet in practice, idealist agendas often turn sour as they confront specific circumstances on the ground. Demonstrated by incidents at Abu Ghraib and Guantánamo Bay, the pursuit of liberty and freedom can lead to violence and repression, u...

Is or has economics ever been the imperial social science? Could or should it ever be so? These are the central concerns of this book. It involves a critical reflection on the process of how economics became the way it is, in terms of a narrow and intolerant orthodoxy, that has, nonetheless, increasingly directed its attention to appropriating the subject matter of other social sciences through the process termed "economics imperialism". In other words, the book addresses the shifting boun...

Drawing upon philosophy and social theory, Social Theory of International Politics develops a theory of the international system as a social construction. Alexander Wendt clarifies the central claims of the constructivist approach, presenting a structural and idealist worldview which contrasts with the individualism and materialism which underpins much mainstream international relations theory. He builds a cultural theory of international politics, which takes whether states view each othe...

This open access book examines from a variety of perspectives the disappearance of moral content and ethical judgment from the models employed in the formulation of modern economic theory, and some of the papers contain important proposals about how moral judgment could be reintroduced in economic theory. The chapters collected in this volume result from the favorable reception of the first volume of the Virtues in Economics series and represent further contributions to the themes set out ...

Theories of Globalization offers students and scholars a comprehensive and critical introduction to the concept of globalization. Barrie Axford expertly guides readers through the full range of perspectives on the topic, from international political economy to geography, global anthropology to cultural and communication studies. In so doing he draws out the common threads between competing theories, as well as pinpointing the problems that challenge our understanding of globalizat...

Re-Thinking Science presents an account of the dynamic relationship between society and science. Despite the mounting evidence of a much closer, interactive relationship between society and science, current debate still seems to turn on the need to maintain a 'line' to demarcate them. The view persists that there is a one-way communication flow from science to society - with scant attention given to the ways in which society communicates with science.The authors argue that...