Foundations of Social-Ecological Economics: The Fight for Revolutionary Change in Economic Thought

Foundations of Social-Ecological Economics represents a significant contribution to the field of heterodox economics, specifically focusing on the urgent need to move beyond the limitations of neoclassical frameworks. In this book, Clive Spash meticulously deconstructs the prevailing economic paradigms that have historically prioritized growth and market efficiency at the expense of social equity and ecological integrity. The scope of the work is expansive, covering the historical development of economic thought while simultaneously proposing a robust, alternative methodology rooted in social-ecological principles. The book is organized to guide the reader through the complex interplay between economic theory, political power, and environmental degradation. Spash employs a rigorous analytical approach, challenging the reader to reconsider the foundational assumptions of modern economics. By emphasizing the necessity of a revolutionary change in economic thought, the book serves as both a critique and a manifesto for a more sustainable and just future. The depth of the research is evident in the author's engagement with diverse schools of thought, including institutionalism, post-Keynesianism, and environmental ethics. The book is particularly notable for its clear articulation of the 'social-ecological' perspective, which insists that economic activity cannot be separated from the biophysical realities of the planet or the social structures that govern human interaction. For the academic community, this book functions as an essential resource for those engaged in advanced studies of environmental policy, sustainability science, and political economy. It provides a structured argument for why incremental policy adjustments are insufficient to address the current crises of climate change and social inequality. The Amerbach perspective identifies this work as a cornerstone for scholars seeking to understand the theoretical underpinnings of the transition toward a post-growth economy. It fits squarely within the tradition of critical economic inquiry, offering a coherent framework for researchers who are committed to challenging the status quo and developing economic models that are compatible with the long-term viability of both society and the biosphere.