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Towards a Philosophy of a Bio-Based Economy: A Levinassian Perspective on the Relations Between Economic and Ecological Systems

Author

Listed:
  • Roel Veraart
  • Vincent Blok

Abstract

This paper investigates the fundamental idea at stake in current bioeconomies such as Europe's Bio-Based Economy (BBE). We argue that basing an economy upon ecology is an ambivalent effort, causing confusion and inconsistencies, and that the dominant framing of the damaged biosphere as a market-failure in bioeconomies such as the BBE is problematic. To counter this dominant narrative, we present alternative conceptualisations of bio-economies and indicate which concepts are overlooked. We highlight the specific contradictions and discrepancies in the relation between economy and ecology, and then work towards outlining a genuine and consistent conceptualisation of the BBE. The philosophical perspective of Emmanuel Levinas is employed to develop a more profound understanding of the tensions at stake; Levinas' work is compared with that of Nicholas Georgescu-Roegen's work on bioeconomics, and found to be of complementary value. Our hypothesis is that, rather than the impossible, absolute amalgamation of economy and ecology striven for today, a principal heterogeneity between humankind and nature must be acknowledged if a bioeconomy that truly operates within the carrying capacity of planet Earth is to be achieved.

Suggested Citation

  • Roel Veraart & Vincent Blok, 2021. "Towards a Philosophy of a Bio-Based Economy: A Levinassian Perspective on the Relations Between Economic and Ecological Systems," Environmental Values, White Horse Press, vol. 30(2), pages 169-192, April.
  • Handle: RePEc:env:journl:ev30:ev3007
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    More about this item

    Keywords

    Bio-based economy; circular economy; enjoyment; Georgescu-Roegen; Levinas; sustainability;
    All these keywords.

    JEL classification:

    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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