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Author: Bob Massie Publisher: Patagonia ISBN: 1938340353 Category : Business & Economics Languages : en Pages : 29
Book Description
We at Patagonia, like all business people, know that long-term income has to exceed long-term expense. To do otherwise is to go bankrupt, as Ernest Hemingway described,in the usual two ways: “Gradually, then suddenly.” Today we are using the equivalent resources of one and a half planets, yet we live on only one. All the indicators of earthly health are in decline: of water, air, arable land, fisheries and biodiversity. How do we reverse this decline in the quality of life (and attendant climate change) before it becomes sudden catastrophe? Most conversations addressing that question hone in on technological solutions. Each year we attend sustainability conferences where the talk centers on innovation as the way to lower resource use and waste. But at these conferences, among decent people doing their best, there is always an elephant in the room, concealed behind a curtain few are willing to draw to the side. The elephant is growth-based capitalism, and the assumption that a growth economy equals prosperity and a healthy society. Yet we know we must consume less, and far more slowly – as well as innovate as quickly and ingeniously as we can. What is a responsible economy? One that allows healthy communities, creates meaningful work, and takes from the earth only what it can replenish—one where all the indicators of health start to improve. What would make up this economy? What could a responsible economy look like? That’s the question we’ll explore with ourfriends and customers during the coming seasons.
Author: Bob Massie Publisher: Patagonia ISBN: 1938340353 Category : Business & Economics Languages : en Pages : 29
Book Description
We at Patagonia, like all business people, know that long-term income has to exceed long-term expense. To do otherwise is to go bankrupt, as Ernest Hemingway described,in the usual two ways: “Gradually, then suddenly.” Today we are using the equivalent resources of one and a half planets, yet we live on only one. All the indicators of earthly health are in decline: of water, air, arable land, fisheries and biodiversity. How do we reverse this decline in the quality of life (and attendant climate change) before it becomes sudden catastrophe? Most conversations addressing that question hone in on technological solutions. Each year we attend sustainability conferences where the talk centers on innovation as the way to lower resource use and waste. But at these conferences, among decent people doing their best, there is always an elephant in the room, concealed behind a curtain few are willing to draw to the side. The elephant is growth-based capitalism, and the assumption that a growth economy equals prosperity and a healthy society. Yet we know we must consume less, and far more slowly – as well as innovate as quickly and ingeniously as we can. What is a responsible economy? One that allows healthy communities, creates meaningful work, and takes from the earth only what it can replenish—one where all the indicators of health start to improve. What would make up this economy? What could a responsible economy look like? That’s the question we’ll explore with ourfriends and customers during the coming seasons.
Author: Jefferson Frank Publisher: Routledge ISBN: 1317594150 Category : Business & Economics Languages : en Pages : 223
Book Description
After the ‘financial crisis’ and ‘Great Recession’, some have called for replacing standard economic theory by heterodox models based upon behavioural approaches. The Responsible Economy argues that there is nothing wrong with economic theory. Instead, the problem has been a ‘devil’s pact’ of simplistic pro-market economics combined with simplistic Keynesian monetary policy. This book revisits the fundamental theorems in economics that state the conditions for markets to achieve efficiency. It has long been known that there are limitations of markets in dealing with externalities, increasing returns to scale and monopoly. The role of information in the economy was developed in economic theory in the 1970s onwards and in a world of imperfect and asymmetric information, markets perform poorly. Managers of firms engage in short-termism, take on excessive risk and misstate their own and their firm’s performance. While finance theory makes clear that much of the activity in the financial services sector is of no economic value and represents wasteful ‘financial engineering’. In this real world, it is economically inefficient for firms to maximise shareholder value. On the macroeconomics side, monetary expansion cannot be an effective substitute for addressing real problems of infrastructure and education investment. This book maintains that markets work best if individuals and firms behave ethically and responsibly. Employment should be a long-term relationship; firms should pay living wages, produce good products at a fair price, and pay their share of taxes. Where these standards don’t hold, governments should not try to micromanage through regulation, but set up simple and straightforward policies.
Author: Jefferson Frank Publisher: Routledge ISBN: 1317594142 Category : Business & Economics Languages : en Pages : 357
Book Description
After the ‘financial crisis’ and ‘Great Recession’, some have called for replacing standard economic theory by heterodox models based upon behavioural approaches. The Responsible Economy argues that there is nothing wrong with economic theory. Instead, the problem has been a ‘devil’s pact’ of simplistic pro-market economics combined with simplistic Keynesian monetary policy. This book revisits the fundamental theorems in economics that state the conditions for markets to achieve efficiency. It has long been known that there are limitations of markets in dealing with externalities, increasing returns to scale and monopoly. The role of information in the economy was developed in economic theory in the 1970s onwards and in a world of imperfect and asymmetric information, markets perform poorly. Managers of firms engage in short-termism, take on excessive risk and misstate their own and their firm’s performance. While finance theory makes clear that much of the activity in the financial services sector is of no economic value and represents wasteful ‘financial engineering’. In this real world, it is economically inefficient for firms to maximise shareholder value. On the macroeconomics side, monetary expansion cannot be an effective substitute for addressing real problems of infrastructure and education investment. This book maintains that markets work best if individuals and firms behave ethically and responsibly. Employment should be a long-term relationship; firms should pay living wages, produce good products at a fair price, and pay their share of taxes. Where these standards don’t hold, governments should not try to micromanage through regulation, but set up simple and straightforward policies.
Author: Davide Vasello Publisher: Youcanprint ISBN: 8892691147 Category : Business & Economics Languages : en Pages : 103
Book Description
Following a brief examination of the main cause of the current economic downturn, namely the unequal distribution of wealth, the book individuates as a possible way to move forward out of the crisis that of pushing businesses to assume a more socially responsible conduct. But it is not up to the class of workers, disenfranchised by the process of globalization, to demand this more ethical conduct from businesses, it is up to another class: that of consumers. If they were to become more fully aware of their power to make a difference, with the adoption of various tools to help them exercise a more conscious consumption, they would be able to motivate companies in more ethical business practices, which would then lead to the substantiation of a Responsible Economy. A change of course in the conduct of businesses, as well as desirable for the redistribution of created wealth in the community, is entirely necessary due to the environmental and energetic unsustainability of the current neoliberal model, as based on an obsolete indicator such as GDP.
Author: Caroline D. Ditlev-Simonsen Publisher: Springer Nature ISBN: 3030882039 Category : Industrial management Languages : en Pages : 285
Book Description
This open access book discusses the challenges and opportunities faced by companies in an age that increasingly values sustainability and demands corporate responsibility. Beginning with the historical development of corporate responsibility, this book moves from academic theory to practical application. It points to ways in which companies can successfully manage their transition to a more responsible, sustainable way of doing business, common mistakes to avoid and how the UN Sustainable Development Goals are integral to any sustainability transformation. Practical cases illustrate key points. Drawing on thirty years of sustainability research and extensive corporate experience, the author provides tools such as a Step-by-Step strategic guide on integrating sustainability in collaboration with stakeholders including employees, customers, suppliers and investors. The book is particularly relevant for SMEs and companies operating in emerging markets. From a broader perspective, the value of externalities, full cost pricing, alternative economic theories and circular economy are also addressed.
Author: Colin Crouch Publisher: Oxford University Press ISBN: 0199592179 Category : Business & Economics Languages : en Pages : 312
Book Description
The book examines the issue of corporate social responsibility from a public policy perspective, considering the implications of corporations' involvement in global economic governance.
Author: Rob Dietz Publisher: Routledge ISBN: 0415820936 Category : Business & Economics Languages : en Pages : 248
Book Description
This powerful book sets out arguments and an agenda of policy proposals for achieving a sustainable and prosperous, but non-growing economy, also known as a steady-state economy. The authors describe a plan for solving the major social and environmental problems which face us today on a finite planet with a rapidly growing population.
Author: Pascal da Costa Publisher: Springer ISBN: 3319790609 Category : Business & Economics Languages : en Pages : 150
Book Description
This book provides an interdisciplinary account of how technological advances – mainly in the domains of energy and transportation – contribute to the transformation towards a more sustainable economic system. Drawing on methods from engineering, the management sciences and economics, which it combines in the framework of a systems sciences approach, the book presents qualitative and quantitative studies on government regulation, resources management and firms' strategy. Topics covered include the state-market dilemma of government CO2 emission targets, implications of the electrification of the economy, incentives and coercion in government transport policies, and innovations in the electric vehicle industry.
Author: Van Jones Publisher: Harper Collins ISBN: 006198194X Category : Business & Economics Languages : en Pages : 277
Book Description
“Steadily—by redefining green—Jones is making sure that our planet and our people will not just survive but also thrive in a clean-energy economy.” —Leonardo DiCaprio A New York Times bestseller, The Green Collar Economy by award-winning human rights activist and environmental leader Van Jones delivers a much-needed economic and environmental solution to today’s two most critical problems. With a revised introduction and new afterword by the author—a man who counsels President Barack Obama on environmental policy—The Green Collar Economy and Jones have been highly praised by a multitude of leaders and legislators, including Al Gore, Senator Tom Daschle, and Speaker of the House Nancy Pelosi. Van Jones was named one of “The World’s 100 Most Influential People of 2009”by Time magazine, and with The Green Collar Economy he offers a wise, necessary, and eminently achievable plan for saving the earth and rescuing working class Americans.
Author: Michaela Haase Publisher: Springer ISBN: 3319520997 Category : Business & Economics Languages : en Pages : 269
Book Description
John Maurice Clark’s article “The Changing Basis of Economic Responsibility,“ published in the Journal of Political Economy, is the topical starting point for all scholars interested in economic responsibility and responsible economic action. John Maurice Clark (1884-1963), a leading institutional economist, reflected on the consequences of the social and economic change taking place at the turn of the last century for the responsibility of individuals, businesses, and corporations and called for the development of an economics of responsibility. This book contains in-depth articles by scholars from within and beyond economics who continue on the Clark project or address actual problems calling for economic responsibility in the light of his approach.
Author: Bob Massie
Author: Bob Massie
Author: Jefferson Frank
Author: Jefferson Frank
Author: Davide Vasello
Author: Caroline D. Ditlev-Simonsen
Author: Colin Crouch
Author: Rob Dietz
Author: Pascal da Costa
Author: Van Jones
Author: Michaela Haase