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Sustainable development in a post Keynesian perspective: why Eco-development is relevant to post Keynesian economics

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  • Eric Berr

    (GREThA - Groupe de Recherche en Economie Théorique et Appliquée - UB - Université de Bordeaux - CNRS - Centre National de la Recherche Scientifique)

Abstract

While sustainable development is a unanimously accepted watchword today, the article aims to show that the post Keynesian school, although it did not emphasize environmental issues and sustainable development as such, has tools that make it relevant on this topic. Indeed, post Keynesian sustainable development can be close to Ignacy Sachs’s eco-development, which is inspired by Michal Kalecki. Thus, post Keynesianism and eco-development share the same position related to economic growth. They meet, via the concept of radical uncertainty, on the importance of the precautionary principle. If the implications of the principle of effective demand seem to oppose them, these divergences can be easily overcome.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Eric Berr, 2015. "Sustainable development in a post Keynesian perspective: why Eco-development is relevant to post Keynesian economics," Post-Print hal-01135650, HAL.
    • Handle: RePEc:hal:journl:hal-01135650
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    Cited by:

    1. Metehan CÖMERT, 2019. "Revival of Keynesian Economics or Greening Capitalism: “Green Keynesianism”," Sosyoekonomi Journal, Sosyoekonomi Society, issue 27(42).
    2. Alfano, Lucia, 2022. "The new developmental state and the challenges of the socio-ecological transformation: Lessons from Argentina and Brazil," IPE Working Papers 189/2022, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
    3. Teun Wolters, 2022. "Why is ecological sustainability so difficult to achieve? An in‐context discussion of conceptual barriers," Sustainable Development, John Wiley & Sons, Ltd., vol. 30(6), pages 2025-2039, December.

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    Keywords

    keynes; development; eco; economy;
    All these keywords.

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