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Greening the Economy or Economizing the Green Project? When Environmental Concerns Are Turned into a Means to Save the Market

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  • Anneleen Kenis
  • Matthias Lievens

Abstract

The “green economy†is fast becoming the new alpha and omega for many policy makers, corporations, political actors, and NGOs who want to tackle both the environmental and economic crisis at once. Or would it be better to speak about “green capitalism?†Going green is not only important in the fight against environmental destruction, it also makes a country “stronger, healthier, safer, more innovative, competitive and respected,†argues Thomas Friedman, the well-known New York Times columnist. “Is there anything that is more patriotic, capitalist, and geostrategic than this?†Indeed, the rationale underlying the nascent project of the green economy is that if the market could become the instrument for tackling the environmental crisis, the fight against this crisis could be the royal road to solving the problems of the market. Focusing in particular on the green economy’s impact on climate change, this paper analyzes the green economy as a hegemonic project that tries to retranslate environmental concerns into a new jargon, and to turn environmental conflict into a new motor for economic development.

Suggested Citation

  • Anneleen Kenis & Matthias Lievens, 2016. "Greening the Economy or Economizing the Green Project? When Environmental Concerns Are Turned into a Means to Save the Market," Review of Radical Political Economics, Union for Radical Political Economics, vol. 48(2), pages 217-234, May.
  • Handle: RePEc:sae:reorpe:v:48:y:2016:i:2:p:217-234
    DOI: 10.1177/0486613415591803
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    References listed on IDEAS

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    1. Kevin Anderson & Alice Bows, 2012. "A new paradigm for climate change," Nature Climate Change, Nature, vol. 2(9), pages 639-640, September.
    2. Kent Klitgaard, 2013. "Heterodox Political Economy and the Degrowth Perspective," Sustainability, MDPI, vol. 5(1), pages 1-22, January.
    3. Sir Nicholas Stern, 2006. "What is the Economics of Climate Change?," World Economics, World Economics, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE, vol. 7(2), pages 1-10, April.
    4. Ulrich Hoffmann, 2011. "Some Reflections On Climate Change, Green Growth Illusions And Development Space," UNCTAD Discussion Papers 205, United Nations Conference on Trade and Development.
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    Cited by:

    1. Bosch, Stephan & Schmidt, Matthias, 2019. "Is the post-fossil era necessarily post-capitalistic? – The robustness and capabilities of green capitalism," Ecological Economics, Elsevier, vol. 161(C), pages 270-279.

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    More about this item

    Keywords

    green economy; green growth; climate change; post-politics; climate justice; hegemony;
    All these keywords.

    JEL classification:

    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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