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Wealth, Well-being and Value(s): A Proposition of Structuring Concepts for a (real) Transdisciplinary Dialogue within Ecological Economics

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  • Ali DOUAI (GREThA-GRES)

Abstract

This paper provides theoretical tools for discussing some aspects of the nature’s value controversy within Ecological Economics. It is argued that the critical stance of ‘incommensurability of values’ can be reinforced with key insights coming from a political economy of wealth inspired by Ricardo and Marx. Having dismissed any reference to the idea of economic value for non-market goods, it remains to outline the role of notions of utility, welfare and interest for giving a richer model of the human actor in a transdisciplinary perspective.

Suggested Citation

  • Ali DOUAI (GREThA-GRES), 2007. "Wealth, Well-being and Value(s): A Proposition of Structuring Concepts for a (real) Transdisciplinary Dialogue within Ecological Economics," Cahiers du GRES (2002-2009) 2007-21, Groupement de Recherches Economiques et Sociales.
    • Handle: RePEc:grs:wpegrs:2007-21
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    File URL: http://cahiersdugres.u-bordeaux4.fr/2007/2007-21.pdf
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    References listed on IDEAS

    as
    1. Pearce, David, 1998. "Cost-Benefit Analysis and Environmental Policy," Oxford Review of Economic Policy, Oxford University Press, vol. 14(4), pages 84-100, Winter.
    2. Barbier Edward B & Heal Geoffrey M, 2006. "Valuing Ecosystem Services," The Economists' Voice, De Gruyter, vol. 3(3), pages 1-6, February.
    3. Richard Carson & Nicholas Flores & Norman Meade, 2001. "Contingent Valuation: Controversies and Evidence," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 19(2), pages 173-210, June.
    4. Ananta Kumar Giri, 2000. "Rethinking human well-being: a dialogue with Amartya Sen," Journal of International Development, John Wiley & Sons, Ltd., vol. 12(7), pages 1003-1018.
    5. Becker, Christian, 2006. "The human actor in ecological economics: Philosophical approach and research perspectives," Ecological Economics, Elsevier, vol. 60(1), pages 17-23, November.
    6. Ger Klaassen & David Pearce, 1995. "Introduction," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 5(2), pages 85-93, March.
    7. Turner, R. Kerry & Paavola, Jouni & Cooper, Philip & Farber, Stephen & Jessamy, Valma & Georgiou, Stavros, 2003. "Valuing nature: lessons learned and future research directions," Ecological Economics, Elsevier, vol. 46(3), pages 493-510, October.
    8. Azqueta, Diego & Sotelsek, Daniel, 2007. "Valuing nature: From environmental impacts to natural capital," Ecological Economics, Elsevier, vol. 63(1), pages 22-30, June.
    9. Ropke, Inge, 2005. "Trends in the development of ecological economics from the late 1980s to the early 2000s," Ecological Economics, Elsevier, vol. 55(2), pages 262-290, November.
    10. Soderbaum, Peter, 1999. "Values, ideology and politics in ecological economics," Ecological Economics, Elsevier, vol. 28(2), pages 161-170, February.
    11. Faber, Malte & Petersen, Thomas & Schiller, Johannes, 2002. "Homo oeconomicus and homo politicus in Ecological Economics," Ecological Economics, Elsevier, vol. 40(3), pages 323-333, March.
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    More about this item

    Keywords

    Ecological Economics; value; political economy; wealth; well-being;

    JEL classification:

    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
    • B10 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - General
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being

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