Deep Restoration: from The Great Implosion to The Great Awakening

Gills, Barry

doi:10.1080/14747731.2020.1748364

Cited by 51 publications

(29 citation statements)

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“…This, as the evidence so obviously shows, creates both an escalating problem to solve and a whole set of interests continuously working to slow down solutions. Gills (2020) points out that humanity now faces a 'triple conjuncture' of global crises: climate change and ecological breakdown; a systemic crisis of global capitalism and neoliberal economic globalisation; and the current global Coronavirus pandemic.…”

Section: Introductionmentioning

confidence: 99%

‘The economy’ as if people mattered: revisiting critiques of economic growth in a time of crisis

Spash

2020

Globalizations

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Coronavirus (COVID-19) policy shut down the world economy with a range of government actions unprecedented outside of wartime. In this paper, economic systems dominated by a capital accumulating growth imperative are shown to have had their structural weaknesses exposed, revealing numerous problems including unstable supply chains, unjust social provisioning of essentials, profiteering, precarious employment, inequities and pollution. Such phenomena must be understood in the context of long standing critiques relating to the limits of economic systems, their consumerist values and divorce from biophysical reality. Critical reflection on the Coronavirus pandemic is combined with a review of how economists have defended economic growth as sustainable, Green and inclusive regardless of systemic limits and multiple crisesclimate emergency, economic crash and pandemic. Instead of rebuilding the old flawed political economy again, what the world needs now is a more robust, just, ethical and equitable social-ecological economy.

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Section: Introductionmentioning

confidence: 99%

‘The economy’ as if people mattered: revisiting critiques of economic growth in a time of crisis

Spash

2020

Globalizations

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“…While facing up to the current health crisis, society has experienced the limits of globalization. Currently, three globalization crises can be identified [23]. Firstly, there is the neoliberal capitalism crisis, driven by ongoing growth and pushing ahead regardless of rising inequalities and global injustice.…”

Section: The Covid-19 Pandemic and Its Effectsmentioning

confidence: 99%

Lessons from Globalization and the COVID-19 Pandemic for Economic, Environmental and Social Policy

Blum

Neumärker

2021

World

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The rapidly spreading COVID-19 pandemic in 2020 not only brought many countries in the world to a state of health crisis, but also increasingly drove economic and social crisis. The roots of these crises, however, run far deeper and can be traced to decades of neoliberal political and economic actions and driving forces of globalization. Increasing globalization and liberalization of markets led to the increasing privatization of many public goods while collectivizing risks such as environmental disasters, pandemics and economic crises. This paper presents the context and emergence of these crisis states and derives public policy implications in the areas of externalities management, digitalization, and basic income based on a broad literature review. These key issues need to be addressed both during and after the crisis in order to address the problems of environmental quality and climate change mitigation, as well as rising inequality and injustice for current and future generations.

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“…While facing up to the current health crisis, society has experienced the limits of globalization. Currently, three globalization crises can be identified [18]. Firstly, there is the capitalism crisis, driven by ongoing growth and pushing ahead regardless despite rising inequalities and global injustice.…”

Section: The Corona Pandemic and Its Effectsmentioning

confidence: 99%

“…Decades of increasing globalization and its consequences have contributed to a global ecological crisis and brought about the current pandemic as an expression of years of environmental destruction and human intervention in ecological systems [18]. While public goods and services have been privatized and monetized to increase economic growth, the risks and effects of this growth have been socialized [12].…”

Section: Globalization Growth and The Need For A Sustainable Transformationmentioning

confidence: 99%

Globalization, Inequality, Environmental Damage and the Corona Pandemic - Lessons for Economic, Environmental and Social Policy

Blum¹

2021

Preprint

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The rapidly expanding corona pandemic in 2020 brought the world to virtual economic stagna-tion. While the impact on the environment from suspended air traffic, idle industry and economic lockdown has been considerable, so have the economic and social consequences of the crisis. To make matters worse, the resulting state of stagnation is neither economically nor socially sustaina-ble. Nevertheless, we need to ask ourselves what we can learn from the situation in order to ex-plore the benefits of globalization, intercept similar crisis situations more effectively in the future and move towards more sustainable development on an ecological, economic and social level. This paper identifies the areas of expanded externality management needed to further improve environmental quality, digitalization, network expansion and basic income. These central issues need to be addressed both during and after the crisis in order to deal with problems of inequality and climate change mitigation for current and future generations. Concrete concepts will be put forward and discussed in the paper.

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Deep Restoration: from The Great Implosion to The Great Awakening

Cited by 51 publications

References 0 publications

‘The economy’ as if people mattered: revisiting critiques of economic growth in a time of crisis

‘The economy’ as if people mattered: revisiting critiques of economic growth in a time of crisis

Lessons from Globalization and the COVID-19 Pandemic for Economic, Environmental and Social Policy

Globalization, Inequality, Environmental Damage and the Corona Pandemic - Lessons for Economic, Environmental and Social Policy

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