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Economics, Sustainability, and Democracy
How should we conduct economics in an era of climate change, natural resource depletion and population increase? This book contends that the free-market economics that has dominated capitalist democracies in recent decades is not up to the task; that the welfarist economics that preceded it, while preferable, also has inadequacies; and that what is required is an economics founded on ecological principles, greater respect for the laws of natural science, and a moral commitment to a sustainable future.
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