The Bankruptcy of Economics: Ecology, Economics and the Sustainability of Earth

by Joseph Wayne Smith, Graham Lyons, and Gary Sauer-Thompson

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We live in times of uncertainty and insecurity at a personal, national and global level. Writers such as Samuel P. Huntington and Robert D. Kaplan respectively have spoken of an emerging 'clash of civilizations' and of 'the coming anarchy'. This book is also concerned with the future of civilization, in particular with the conflict between economic growth and the sustainability of the biophysical life-support systems of the planet. Economic globalization - the creation of a one-world economy with the free-flow of capital, goods and services across national boundaries - is eroding the economic sovereignty of nations, and producing a trail of unemployment and social turmoil in its wake. Further, the irresistible force of economic globalization is set to crash into the immovable object of the global environmental crisis, producing a breakdown of civilized order in the world, and threatening the continuation of human life itself. This book is a systematic critique of orthodox neoclassical economics, which has supplied a philosophical and ideological framework for economic globalization, unending economic growth and the ceaseless exploitation of nature.
  • ISBN10 0333681444
  • ISBN13 9780333681442
  • Publish Date January 1998
  • Publish Status Out of Print
  • Out of Print 11 February 2016
  • Publish Country GB
  • Imprint Palgrave Macmillan
  • Format Hardcover
  • Pages 196
  • Language English