Back to Political Economy: Introducing Ecological Economics

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Back to Political Economy Introducing Ecological
Economics
Bernardo Aguilar Resident Degree Program Prescott
College, Prescott AZ baguilar_at_mail.prescott.edu
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Research Groups

• -Prescott College Strategic Development Plan
• Beth, Gibby, Pete, Bret
• -Agro-ecological Systems
• Lucero, Rob, Dara, Kyle
• -Energy and Built Environments
• Jeff, Conner, Nick
• -Food Waste
• Adam, Tobi

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Preanalytic Vision

• Pre-Analytic Wish List for Economy
• -Solidarity and Cooperation
• -Trans-discipline approach
• -Address population resource consumption
• -Value Biosphere health/wealth
• -Principles, measures, and regulation that
  embrace sustainability
• -Include stocks accounting
• -Pollution accounting
• -Sustainable Food System- bioregional
• -Efficient transfer of knowledge regarding
  sustainable methods
• -Recognize value of informal economy

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Economy-Ecology

• From the Greek Oikos household Neimen to
  manage Logie logy-science, study.

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Ecological Economic Pre-Analytic Vision

• Systems View
• Parameters of Sustainability
• Precautionary Principle
• Entropy and The Economy

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Systems View A Concern for Sustainability
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Systems View Complex Adaptive Systems
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(cultural change, resources, energy and materials
needed)
Socio-Environmental Uncertainty
Increased Complexity
Human transit and natural capital flows regulated
International Political Borders
No International Political Borders
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Coevolution of Human and Natural Systems
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Parameters of Sustainability
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Precautionary Principle
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Precautionary Principle
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Precautionary Principle
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Precautionary Principle
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Entropy and the Economy
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Political Economy

• Neoclassical economics error explaining human
  decision making as the outcome of choices on the
  margin and the aspiration that this form of
  explanation strives for universality.
• modern political economy has brought an increased
  recognition that institutions and history matter
  for the manner in which human agents make their
  rational choices.

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Political Ecology

• study of the relationships, between political
  institutions and values, economic institutions
  and practices, and the natural environment that
  supports them all.
• Joan Martinez-Alier