The Sustainable Development Theory A Critical Approach Volume 1

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The Sustainable Development Theory: A Critical Approach, Volume 1

This book argues that the theory of sustainable development lost some of its rigor because of two main reasons. The first manifests itself as an inflation of concepts that hampers the correct understanding of sustainability’s essence. The second one consists of a departure from the traditional scientific sources of the classicists and, in part, neoclassicists. Exploiting relevant areas of their works, the authors outline the theoretical framework necessary to promote a healthy version of sustainability. Of utmost interest prove to be areas such as: the formation process of natural prices and natural rate of interest; placing growth before employment and placing production before distribution, consumption, and social justice. The main idea of the book consists of a call for breaking away from the impure forms of the theory of sustainable development and its reconstruction through the reconciliation with the laws of healthy growth as they are highlighted in the works of the founders. The authors make the case for an approach to sustainable development that is holistic, macroeconomic, and institutionalist, where social, ecological, and economic components are reconciled. This work presents a fresh perspective in the context of current works on sustainability, serving as an accessible research resource and public policy decision guide.
The Sustainable Development Theory: A Critical Approach, Volume 2

This book explores the present conflictual relationship between the economy, the environment, and society. The current mainstream economic model is analysed from the perspective of the founding economists to review its suitability to tackle issues of sustainable development. The problems of redistribution and social justice are debated at length; alongside those concerning the giant state, degrowth, and a vision of sustainability that is founded on the idea of a self-regulating free market economy. Business cycle sustainability, anti-crisis therapy, technological unemployment, the natural rate of interest, and the Bruntland matrix are also examined. This book aims to present a holistic approach to sustainable development where social, ecological, and economic components are balanced. It will be relevant to students and researchers interested in this topic.
Sustainable Development and Creative Destruction

This book explores sustainable development from the perspective of the post-communist experience of Eastern Europe. Taking into account the specific characteristics of different countries within Eastern Europe, the contrast between economic theory and practice is highlighted. An understanding of the economic development of the Eastern Europe is presented to provide insights into the challenges, in particular the juxtaposition of new and old traditions, and opportunities for sustainable development in this area. This book highlights how the implementation of sustainable development policies is dependent on culture, institutions, history, and geography. It will be relevant to students and researchers interested in environmental economics and the economic development of Eastern Europe.