A Framework of Alternative Economics

Focuses on the basic concepts and principles of alternative economics; a new doctrine of economic thought centred around human communities and their natural environments. The ideas of Karl Polanyi, Ernst F. Schumacher, and Herman E. Daly are presented as the most important antecedents. Considering the economy as multiple interplay among natural ecosystems, economic organizations and human communities, alternative economics tries to find ways in which economies could have been made more ecologically benign and humane. Demonstrates the practical relevance of alternative economics to two fields: first, the responsibility problematics of economizing and, second, the question of how to form economic policies which serve real development.