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Does ecological economics have a future?

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  • Anderson, Blake
  • M'Gonigle, Michael

Abstract

This paper addresses the role of neoclassical methodologies in ecological economics and the contradictions these methodologies pose to the field's critical founding principles. We first consider Robert Costanza's treatment of Nicholas Stern's Global Deal and then survey climate change-related articles published in this journal over the past five years. This survey reveals how mainstream (neoclassical) methodologies dominate discourse, and do so by marginalizing more critical (political economy) analyses. This situation imperils the field's founding vision of a no-growth ‘steady state’; it also fails to address the (related) growth dynamics of capitalism. Without such a critical treatment, the field's formal embrace of ‘methodological pluralism’ actually entails an ideological empiricism that renders ecological economics theoretically incoherent. This situation undermines the field's historical promise as an alternative economic paradigm. Ecological economics now faces a problematic future. Its survival in a form faithful to its founding vision will require an explicit choice to address its internal contradictions, and reinvent itself in ways relevant to our contemporary context. Without such a choice, ecological economics will likely succumb to an implicit acceptance of the hegemony of mainstream economic methodologies and their pro-growth imperatives.

Suggested Citation

  • Anderson, Blake & M'Gonigle, Michael, 2012. "Does ecological economics have a future?," Ecological Economics, Elsevier, vol. 84(C), pages 37-48.
  • Handle: RePEc:eee:ecolec:v:84:y:2012:i:c:p:37-48
    DOI: 10.1016/j.ecolecon.2012.06.009
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    2. Gonçalves, Jorge & Costa, Manuel Luís, 2022. "The political influence of ecological economics in the European Union applied to the cap-and-trade policy11This research did not receive any specific grant from funding agencies in the public, commerc," Ecological Economics, Elsevier, vol. 195(C).
    3. Spash, Clive L., 2017. "The Need for and Meaning of Social Ecological Economics," SRE-Discussion Papers 2017/02, WU Vienna University of Economics and Business.
    4. Fremstad, Anders & Paul, Mark, 2022. "Neoliberalism and climate change: How the free-market myth has prevented climate action," Ecological Economics, Elsevier, vol. 197(C).
    5. Strunz, Sebastian & Klauer, Bernd & Ring, Irene & Schiller, Johannes, 2014. "Between Scylla and Charybdis: On the place of economic methods and concepts within ecological economics," UFZ Discussion Papers 26/2014, Helmholtz Centre for Environmental Research (UFZ), Division of Social Sciences (ÖKUS).
    6. Victor Court, 2018. "Energy Capture, Technological Change, and Economic Growth: An Evolutionary Perspective," Biophysical Economics and Resource Quality, Springer, vol. 3(3), pages 1-27, September.
    7. Elke Pirgmaier & Julia K. Steinberger, 2019. "Roots, Riots, and Radical Change—A Road Less Travelled for Ecological Economics," Sustainability, MDPI, vol. 11(7), pages 1-18, April.
    8. Spash, Clive L., 2019. "Time for a Paradigm Shift: From Economic Growth andPrice-Making Markets to Social Ecological Economics," SRE-Discussion Papers 2019/07, WU Vienna University of Economics and Business.
    9. Lo, Alex, 2014. "The Problem of Methodological Pluralism in Ecological Economics," MPRA Paper 49543, University Library of Munich, Germany.
    10. Spash, Clive L., 2013. "The shallow or the deep ecological economics movement?," Ecological Economics, Elsevier, vol. 93(C), pages 351-362.
    11. Pirgmaier, Elke, 2017. "The Neoclassical Trojan Horse of Steady-State Economics," Ecological Economics, Elsevier, vol. 133(C), pages 52-61.
    12. Spash, Clive L., 2020. "A tale of three paradigms: Realising the revolutionary potential of ecological economics," Ecological Economics, Elsevier, vol. 169(C).
    13. Plumecocq, Gaël, 2014. "The second generation of ecological economics: How far has the apple fallen from the tree?," Ecological Economics, Elsevier, vol. 107(C), pages 457-468.
    14. Gendron, Corinne, 2014. "Beyond environmental and ecological economics: Proposal for an economic sociology of the environment," Ecological Economics, Elsevier, vol. 105(C), pages 240-253.
    15. Franco, Marco P.V., 2018. "Searching for a Scientific Paradigm in Ecological Economics: The History of Ecological Economic Thought, 1880s–1930s," Ecological Economics, Elsevier, vol. 153(C), pages 195-203.
    16. Kirsten, Selder, 2014. "Renewable Energy Sources Act and Trading of Emission Certificates: A national and a supranational tool direct energy turnover to renewable electricity-supply in Germany," Energy Policy, Elsevier, vol. 64(C), pages 302-312.
    17. Melgar-Melgar, Rigo E. & Hall, Charles A.S., 2020. "Why ecological economics needs to return to its roots: The biophysical foundation of socio-economic systems," Ecological Economics, Elsevier, vol. 169(C).
    18. Pelenc, Jérôme, 2014. "Développement humain responsable et aménagement du territoire. Réflexions à partir de deux réserves de biosphère périurbaines en France et au Chili [Responsible Human Development and Land-Use Plann," MPRA Paper 56094, University Library of Munich, Germany.
    19. Sunderasan Srinivasan, 2015. "Economic valuation and option-based payments for ecosystem services," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 20(7), pages 1055-1077, October.
    20. Farrell, Katharine N. & Silva-Macher, Jose Carlos, 2017. "Exploring Futures for Amazonia's Sierra del Divisor: An Environmental Valuation Triadics Approach to Analyzing Ecological Economic Decision Choices in the Context of Major Shifts in Boundary Condition," Ecological Economics, Elsevier, vol. 141(C), pages 166-179.
    21. Sylvie Geisendorf & Christian Klippert, 2022. "Integrated sustainability policy assessment – an agent-based ecological-economic model," Journal of Evolutionary Economics, Springer, vol. 32(3), pages 1017-1048, July.
    22. Remig, Moritz C., 2015. "Unraveling the veil of fuzziness: A thick description of sustainability economics," Ecological Economics, Elsevier, vol. 109(C), pages 194-202.
    23. Nilsen, Heidi Rapp & Ellingsen, May-Britt, 2015. "The power of environmental indifference. A critical discourse analysis of a collaboration of tourism firms," Ecological Economics, Elsevier, vol. 109(C), pages 26-33.

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