In a time imbued with civilisation crisis, José Manuel Naredo's work is of particular relevance. Naredo, one of the most prestigious economists in Spain and a pioneer of ecological economics, first published his most popular book ( La economía en evolución. Historia y perspectivas de las categorías básicas del pensamiento económico) in 1987. This article reviews its most recent and updated version released in 2015. Beyond a brilliant criticism of neoclassical economics, he discusses the underlying ideology and implications of the (...) notion of economic system uncritically endorsed by most schools of economic thought. Transcending the usual dichotomy between ‘orthodox’ and ‘heterodox’ economics, Naredo calls for an economic transition built on the integration of different kinds of scientific knowledge as well as other intuitive, metaphysical and ethical fields in favour of a truly inclusive economics. This is, he warns us, a sine qua non for a socioecological transformation to flourish. (shrink)

Industrial agriculture has extensive environmental and social costs, and efforts to create alternative farming systems are widespread if not yet widely successful. This study explored how a set of grain farmers and rotational graziers in Iowa transitioned to agroecological management practices. Our focus on the resources and strategies that farmers mobilized to develop opportunities for, and overcome barriers to, transitioning to alternative practices allows us to go beyond the existing literature focused on why farmers transition. We attend to both (...) the ecological and socioeconomic context of innovation by comparing processes of technical change in two contrasting regions of Iowa. Farmers cultivated farm-level biodiversity and enterprise diversity, developed new cognitive and psychological competencies, and overcame barriers to innovation by developing external network linkages with peers, knowledge organizations, and federal policies. Our research provides insights into how biophysical, cognitive, structural and market considerations can be integrated into research efforts that aim to make sense of innovation toward sustainable agriculture. (shrink)

This volume of essays studies the problem of transition in economics from a historical perspective. It uses historical ideas and theories in a modern context to examine economic thought. It aims to show that social and historical context are important when considering economic transitions.

The article considers the connection between ethics, in particular Kant’s practical philosophy, and economics. The author examines historical reasons for Kant’s ethic not to have become part of the economic discourse and interprets modern business processes from Kant’s perspective. The article aims to demonstrate the possibilities of applying the philosophical instruments of Kant’s morals to concrete economic issues.

Transition has not always been a success story. In some cases failure was due to the introduction of topdown legislature, which was not always compatible with the existing informal rules of the game. In other cases transition was just a euphemism for a fight for power with little substantial change.Still, most Western analysts indulged in analysing all East-European economies according to a rather standard pattern. This paper explains this approach by referring to the need to maintain rentseeking policies (...) in the West, to create new rents in the East. Western governments complied with the constructivistic view willingly, especially in the EU area, for social engineering was instrumental in order to acquire and expand consensus on the principles of state interference.La transition n’a pas toujours été une réussite. Dans certains cas, les échecs ont été dus à l’ instauration d’un corps législatif directif souvent incompatible avec les règles de jeu informelles. Dans d’autres cas, la transition fut un simple euphémisme pour une lutte pour le pouvoir, peu susceptible de donner lieu à des changements significatifs.De plus, la plupart des chercheurs occidentaux ont analysé les économies de l’Europe de l’Est avec les outils du modèle néoclassique standard. L’auteur explique cette orientation en invoquant la volonté de maintenir les politiques de recherche de rente à l’Ouest, et d’en créer de nouvelles à l’Est. Les gouvernements occidentaux ont volontairement cédé à une vision constructiviste, notamment dans la zone de l’Union Européenne, car l’ingénierie sociale a été un instrument majeur dans la réalisation et l’extension du consensus autour des principes d’interventions étatiques. (shrink)

In almost all countries, the transition from a centrally planned economy to a market economy caused high unemployment. The governments attempted to ease the changeover to a market economy for the unemployed by introducing several passive and active labour market policies. This paper first points out which effects were to be expected of such policies from the perspective of Austrian Economics. These theoretical hypotheses are then tested empirically. It turns out that the hypotheses deducted from Austrian Economics theory are (...) impressively corroborated by the empirical evidence.Dans presque tous les pays, la transition d’une économie centralement planifiée vers une économie de marché ont provoqué un chômage élevé. Les gouvernements ont essayé d’adoucir la transition vers une économie de marché pour les chômeurs en introduisant plusieurs politiques passives et actives sur le marché du travail. Tout d’abord, cet article souligne quels étaient les effets attendus de telles politiques à la lumière de l’économie autrichienne. Ces hypothèses théoriques sont ensuite testées de manière empirique. Il en ressort que les hypothèses déduites de la théorie économique autrichienne sont corroborées de manière significative par les preuves empiriques. (shrink)

In order to shed light on the issue of crony corruption in the context of economic transition, I focus on the puzzle of China's unique experience of economic transition characterized by the duality forms and effects of crony corruption underlying local corporatism in a dual-track (i.e., market and political tracks) transition. I argue that the duality of local corporatism derives from the duality of crony corruption. First, the early form of local corporatism as state-business public (...) alliance is embedded in informal crony corruption as positive for the purpose of wealth growth in the initial phase of economic transition with public and private interests aligned as compatible. Second, the later form of local corporatism as official-manager private collusion is embedded in quasi-formal crony corruption as negative for the purpose of wealth transfer in the later phase with public and private interests in conflict as incompatible. The duality of crony corruption in the two phases of economic transition is caused by the interplay between formal and informal factors and between economic and political factors. My contribution is twofold. First, I explain China's transition in terms of crony corruption underlying local corporatism. Second, I develop an integrated framework of crony corruption concerning its content, process, antecedent and consequence. (shrink)

The paper questions some of the premises in studying academic spin-offs in developed countries, claiming that when taken as characteristics of ‘academic spin-offs per se,’ they are of little help in understanding the phenomenon in the Eastern European countries during the transitional and post-transitional periods after 1989. It argues for the necessity of adopting a path-dependent approach, which takes into consideration the institutional and organisational specificities of local economies and research systems and their evolution, which strongly influence the patterns of (...) spin-off activity. The paper provides new findings and original arguments in support of Balazs’ seminal theses (Balazs 1995, 1996) about the emergence of academic spin-offs during the early transition. It reveals key economic and policy mechanisms bearing on academic entrepreneurship in Eastern Europe, such as the tensions between economic and political nomenclatures of former Communist Parties, where the dismantling or preservation of the power of political nomenclature resulted in different patterns of development—rapid reforms in the ‘first wave’ of EU accession countries or the establishment of rent-seeking and assets-stripping economies in countries like Bulgaria and Romania, making the transition period especially difficult. In the latter, a specific economic environment emerged, unknown in Western Europe and in the ‘champions’ of transition—such as suppression of the authentic entrepreneurship in a number of economic sectors, disintegration of corporate structures, etc. Thus, the paper reveals the common ground behind the two conflicting tendencies in post-socialist academic spin-offs, partially outlined in other research (Simeonova 1995; Pavlova 2000): as an authentic form of academic entrepreneurship grasping the opportunities opened up by the economic crisis and compensating failures in science and technology policy on the one hand, and as specific rent-seeking strategy draining valuable public assets on the other (the latter, in turn, boosting the negative attitudes in local scientific communities). The paper provides new findings about the evolution of the academic spin-offs in Bulgaria along the two polar trends and their positive and negative repercussions on parent research institutions. The results were achieved in the PROKNOW Project, EC 6th Framework Program. (shrink)

The ‘European Green Deal’ (EGD) is a set of communications from the European Commission that outlines EU roadmap to climate neutrality by 2050. The policy envisions that, with the facilitation of speedy and just ‘green transition’, the goals of environmental protection and economic development can be reconciled. This article offers a language-focused critical study of the EGD. After giving an overview of neoliberal ‘discourses of sustainability’ and explaining the notion of ‘interdiscursivity’ in CDS, it presents the results of (...) a close thematic analysis supported by keyword and concordance analysis of representations of ‘environment’ and ‘climate’ on the one hand, and ‘economy’ and ‘transition’ on the other. This study attends to salient language patterns and reveals how interdiscursive crossovers are established to normalise ‘sustainability’ as the contingency between environmental and economic orders of discourse. Also, it identifies the discursive strategies of nomination, predication, argumentation, perspectivisation and mitigation or intensification and shows how tensions between discourses are smoothened. This analysis of EGD’s ideological hybridity also sheds light onto how EU institutions are (self)authorised to lead actions on environmental challenges on behalf of European citizens. (shrink)

The present is a moment of crisis and transition, both generally and specifically in “knowledge” and its institutions. Acknowledging this elicits the key questions: where are we? Where are we headed? What, if anything, can be done about this? And what can the “economics of science” contribute to this? This paper assumes a “cultural political economy of research & innovation” perspective to explore the current upheaval and transition in the system of academic knowledge production, at the confluence of (...) accelerating commercialisation and the seemingly opposing movement of “open science.” This perspective affords a characterisation of the core of the current crises as a crisis of moral economy; an issue to which a political economy of epistemic authority is in turn crucial. A “remoralizing” of knowledge production is thus a matter of key systemic importance, though it is important to understand such developments in power-strategic, and not explicitly moral, terms. Much of the current moves towards “open science” and “massively open online courses” can also then be seen as self-defeating developments that simply exacerbate the crisis of a viable “economy of science” and in no sense its solution. Their lasting significance, however, is more likely to lie precisely in their effects on the construction of a new moral economy of knowledge production. (shrink)

Adaptive reuse embodies a significant transition in the evolution of urban landscapes, representing a paradigm shift from industrial or obsolete uses to vibrant, sustainable, and community-centric functions. This transformative process, deeply rooted in the principles of sustainable urban development, emphasizes the conservation of architectural heritage, environmental sustainability, and socio-economic revitalization. At the heart of adaptive reuse is the concept of sustainability, which challenges traditional notions of development and conservation by repurposing existing structures, thereby conserving resources, and reducing the (...) carbon footprint associated with new constructions. These initiatives align with broader sustainability goals, such as those outlined in the 2030 United Nations’ Sustainable Development Goals (UN SDGs), particularly those related to sustainable cities and communities, responsible consumption and production, and climate action. (shrink)

This is an Open Access book. In 2015, Industry 4.0 was announced with the rise of industrialization by the European Parliament, supporting policy, research, and infrastructure funding. In 2020, Industry 5.0 was launched as an evolution of Industry 4.0, towards societal and ecological values in a sustainable, human-centric, and resilient transition. In 2023, the IN4ACT research project team completed 4 years of research on the impact on these initiatives. Presentations reviewing the progress of management practices and economics led to (...) conversations about what’s next. The unanticipated rise in late 2022 of Generative AI technologies (e.g. ChatGPT, DALL-E) sparked dialogues with an extended circle of researchers on impacts not considered in 2015 or in 2020. This collection of chapters reflects multiple perspectives on research findings to 2023, prospects for 2024, and considerations on ways the techno-economic industrial revolutions may be reshaped into desirable futures respecting social and ecological concerns. (shrink)

The present study analyzes the key drivers facilitating corporate social responsibility practices in large-scale organizations of North-West region of India. Further research is using Carroll’s model of CSR responsibility as a basis to develop a strategic framework that demonstrates transition from economic to holistic approach. Carroll’s CSR model focuses on four aspects: economic, legal, ethical, and philanthropic responsibilities. This research has been taken to understand whether there is a transition in Indian large-scale organizations from its primary (...) focus on economic responsibilities to legal, ethical, and philanthropic responsibilities to adopt holistic approach. Results are indicative of the fact that Indian economy has given considerable importance to social responsibility practices, and clear transition can be observed from economic to holistic approach. (shrink)

In the present context of intertwined and intensifying economic, environmental and climate challenges and crisis, we need to enlarge our thinking about food systems change. One way to do so is by considering intersections between our longstanding interdisciplinary interest in food and agriculture and new scholarship and practice centered on transitions to sustainability. The general idea of transition references change in a wide range of fields and contexts, and has gained prominence most recently as a way to discuss (...) and address sustainability challenges. To explore connections to food systems change, I highlight two broad approaches in the sustainability transitions research field. First is a multi-level perspective that examines sustainability innovation pathways and second is a social practices approach that illuminates the possibilities for shifts in normal everyday routines and practices. Taken together, these approaches offer different and useful ways to think about the dynamics, durability and significance of innovations in food and agriculture, and the part they play in transitions to sustainability. Numerous opportunities exist to forge more productive links between work on food systems change and the broad and growing sustainability transitions field. First, our research and practice insights about the importance of politics, governance, values and ethics in food and agriculture could help to strengthen the sustainability transitions field, which initially underplayed such questions. Second, the sustainability transitions field’s implicit systems sensibility and its futures orientation could help to widen the scope of inquiry and the contribution to policy and planning of research and practice on food systems change. (shrink)

Worldviews affect everything people do, see, create and think. As a result, much more attention will have to be focused on worldviews if human survival and well?being are to be assured in the future. Making the transition from an economic worldview to a cultural worldview could prove timely as humanity prepares to confront one of the most difficult and demanding challenges in its history. Making this transition is necessary in order to shift the focus of attention from (...) economics, economies, commodities, competition, specialization and the marketplace to culture, cultures, people, cooperation, holism, caring and sharing. Placing more emphasis on a cultural interpretation of history, cultural values, creation of a global federation of ?world cultures,? collective sharing of the cultural heritage of humankind and cultivation of culture's capacity for links and synthesis is the key to this. (shrink)

Due to the global environmental crisis and problems of climate change, but also the economic problems of neoliberalism and inequality, it is important to rethink our ideas about society, business, and economic organization in the context of a transition to a more sustainable society. Important themes of a political economy of sustainability are Sustainable Development Goals (SDGs) and the philosophical underpinnings of governance and sustainability management. Reforming global economic and political institutions means finding new, creative, and (...) imaginative solutions for managers, administrators, and members of government critically to evaluate our political economy and management concepts and values. It is important to rethink policies and strategies in the light of challenges of the global society. We will do this in what follows by focusing on important topics such as 1) The origin of our contemporary crisis 2) The political economy of the crisis 3) The transformation of governance for lasting change. (shrink)

In this paper, we take inspiration from original institutional economics (OIE) as an approach to study value change within the highly complex assembly of sociotechnical transformations that make up the energy transition. OIE is examined here as a suitable perspective, as it combines Dewey’s pragmatist philosophy and a methodological interactionist perspective on value change, behavior and institutions, with technology figuring as a transformational factor. This combination overcomes conceptual and methodological shortcomings of alternative accounts of values. We will present the (...) contours of an OIE based conceptual framework connecting nature, humans, technology, the economic process, society, culture and institutions and habits, valuation and behavior. We illustrate how to use this framework to examine and understand how environmental, ecologic, safety, economic, and social concerns about the energy transition are (re)framed as (new) values in the belief systems and habits of individuals and groups. Moreover, we will explore how that may give rise to collective action, via the institutionalization of such revised values in the procedures, arrangements, norms and incentives guiding transactions. As such, this approach allows us in a fine-grained manner to conceptually and theoretically understand the way in which values change in the energy-transition, as a complex interaction of technology development and social relations. (shrink)

In 'Rethinking the Good', Larry Temkin makes two core claims. First, the goodness of a distribution is sometimes ‘essentially comparative’ – it sometimes depends on which alternative distribution(s) it is compared to. Second, such cases threaten the transitivity of ‘all things considered better than’. I argue that the goodness of a distribution may indeed depend on what other distributions are feasible. But contrary to Temkin, I also argue that transitivity holds even when the goodness of a distribution depends on the (...) feasible set of which it is a member. (shrink)

Arts, Ecologies, Transitions provides in depth insights into how aesthetic relations and current artistic practices are fundamentally ecological and intrinsically connected to the world. As art is created in a given historic temporality, it presents specific modalities of productive and sensory relations to the world. With contributions from more than 45 researchers, this book tracks evolutions in the arts that demonstrate an awareness of the environmental, economic, social, and political crises. It proposes interdisciplinary approaches to art that clarify the (...) multiple relationships between art and ecology through an exploration of key concepts such as collapsonauts, degrowth, place, recycling, and walking art. All the artistic fields are addressed from visual arts, theatre, dance, music and sound art, cinema, photography, including those that are rarely represented in research such as digital creation or graphic design, to showcase the diversity of artistic practices in transition. Through original research this book presents ideas in an accessible format. It book will be of interest to students and researchers in the fields of environmental studies, ecology, geography, cultural studies, architecture, performance studies, visual arts, cinema, music and literature studies. (shrink)

Global climate change is one of the biggest threats humankind faces today. Changing climatic conditions are expected to lead to rising sea levels, a higher frequency of natural hazards, extended phases of drought, and a greater risk of many other sudden and slow-onset events. These threats will impact not only economic development but also the livelihood and cultures of many communities and regions of the world. Governing climate change to minimize these risks not only concerns understanding its science but (...) also analyzing policy options with methods from social sciences and economics. This in turn means making evaluative judgments about what policy measures can be considered just and fair. These kinds of judgments are normative; they concern ethics. The aim of this article is to lay out some of the most important aspects of justice and responsibility in governing transitions to renewable energy as a means of reducing global emissions. (shrink)

Why should ‘better than’ be transitive? The leading answer in ethics is that values do not change with context. But this cannot be the entire source of transitivity, I argue, since transitivity can fail even if values never change, so long as they are complex, with multiple dimensions combined non-additively. I conclude by exploring a new hypothesis: that all alleged cases of nontransitive betterness, such as Parfit’s Repugnant Conclusion, can and should be modelled as the result of complexity, not context-relativity.

There are two fundamentally different approaches to innovation: incremental and radical. In Economics as Anatomy, G.M. Peter Swann argues that economics as a discipline needs both perspectives in order to create the maximum beneficial effect for the economy. Chapters explore how and why mainstream economics is very good at incremental innovation but seems uncomfortable with radical innovation. Swann argues that economics should follow the example of many other disciplines, transitioning from one field to a range of semi-autonomous sub-disciplines. In this (...) book, he compares the missing link in empirical economics to being the economic equivalent of anatomy, the basis of medical discourse. Working as a sequel to Swann's Putting Econometrics in its Place, this book will be a vital resource to those who are discontent with the state of mainstream economics, especially those actively seeking to promote change in the discipline. Students wishing to see progress in the teaching of economics will also benefit from this timely book. (shrink)

At the heart of China's remarkable economic growth is a new economic system, which has emerged out of radical reforms in virtually all areas of economic activity. Understanding this system is the key to understanding the Chinese economy. This book, the culmination of many years of research in Hong Kong and China, is a comprehensive account of these systemic reforms, as well as of their transferability to other economies in transition. The starting-point of Dr Chai's analysis (...) is a careful examination of the structural elements of China's new economic system, focusing particularly on the decentralization of property rights in both the agricultural and industrial sectors. There follows a detailed analysis of changes in the functional elements of the system: its price and financial mechanisms. An assessment of the open-door policy also considers the twin impact of the liberalization of China's foreign trade and foreign investment regimes. Finally, China: Transition to a Market Economy highlights the increasingly important role of the non-state sector in facilitating economic growth and structural transformation. It will be essential reading for any student or researcher concerned with the Chinese economy, or with transition economies in general. (shrink)

Both Marx and Freud are children of the Enlightenment in certain manners. As such, they each display a qualified but firm optimism about history inevitably making progress in specific desirable directions. Freud predicts that continuing scientific and technological advances eventually will drive religiosity from human societies once and for all. Marx likewise forecasts the withering away of religions. Moreover, he treats this predicted process as symptomatic of even more fundamental socioeconomic developments, namely, his famous anticipations of subsequent transitions to socialism (...) and communism. However, the past century of human history has not been kind to any sort of Enlightenment-style progress narratives. My intervention on this occasion takes inspiration especially from Lacan’s reckoning with a “triumph of religion” defying Freud’s expectations of relentlessly broadening and deepening secularization. I argue that socio-political phenomena of the past several decades bear witness to religious superstructures having infused themselves into economic infrastructures. (shrink)

It is the metaphoric doubling of past into present that gave Renaissance ekphrastic representations its techniques of self-understanding. In effect, in the ekphrastic doubling of the past in the present, we notice that historicity becomes an inalienable part of its contemporary credibility. The reduction of distance between life and art, as evident in contemporary obsession with selfies and photographs, thus begins to become the central project of early modern ekphrasis, enhanced in the Renaissance. In sum, art becomes equivalent to legal (...) tender, and ekphrasis, a principle of exchange and substitution, through which objects and artefacts seem to be in danger of losing their particularities and gaining new generic human values. When Shakespeare wrote The Rape of Lucrece, it was ekphrasis that allowed Shakespeare to speak about the ills of his own times through a Greco-Roman subject. The metaphorical implications that his story has for the issues of good government and private and public securit... (shrink)

Numerous studies have revealed that health care transitions for chronically ill older adults are frequently poorly managed, often with devastating human and economic consequences. And poorly managed transitions and their consequences also occur among younger, relatively healthy individuals who have adequate resources and are prepared to advocate on their own behalf. Despite the rich base of research confirming that evidence‐based transitional care enhances patients’ experiences, improves health and quality of life, and reduces costs, organizational, regulatory, financial, and cultural barriers (...) have, until recently, prevented widespread adoption of these proven approaches. Provisions of the Affordable Care Act, such as reductions in Medicare payments to hospitals with very high thirty‐day rehospitalization rates, have reduced barriers, but uptake of evidence‐based transitional care beyond demonstration projects continues to be sporadic and far too slow. With a rich understanding about how to better anticipate and respond to the compelling problems experienced by patients, family caregivers, and health care professionals throughout episodes of acute illness, the time has come to frame transitional care as a system's ethical responsibility in an aging society. Embedding transitional care within the ethical obligations of a health care system requires the perspectives and involvement of nurses and nursing because of this profession's integral role in every aspect of care transitions. (shrink)

The complexity that we observe in nature can often be explained in terms of cooperative behavior. For example, the major transitions of evolution required the emergence of cooperation among the lower-level units of selection, which led to specialization through division-of-labor ultimately resulting in spontaneous order. There are two aspects to address explaining how such cooperation is sustained: how free-riders are prevented from free-riding on the benefits of cooperative tasks, and just as importantly, how those social benefits arise. We review these (...) problems from an economic perspective, and highlight how ideas from economics can help us to better understand how the benefits of social interactions arise, how they are sustained, and how they affect the underlying social dilemmas. (shrink)

Abstract Twenty years ago, Tibor Scitovsky questioned the assumption, embedded in neoclassical economics, that human happiness will be augmented if the level of consumption either rises or becomes more uniform over time. Evidence from the 1990?1993 World Values Survey suggests that his doubts were well?founded: although economic gains apparently make a major contribution to subjective well?being as one moves from societies at the subsistence level to those with moderate levels of economic development, further economic growth seems to (...) have little or no impact on subjective well?being. This transition seems to reflect a basic cultural change that results in the diminishing marginal utility of economic growth. (shrink)

This paper explores the twin transition in family businesses, examining the parallel development of digital technologies and sustainable business practices, both of which are part of the current European agenda for a more sustainable future. While not widely recognised for their investments in disruptive innovation and digitalisation, family businesses (FBs) are more inclined to perform incremental changes, often driven by a longstanding commitment to sustainability and collaboration with internal and external stakeholders. This contrast makes them an ideal subject for (...) a more in-depth exploration of these transformative trends. The aim of this study is to adopt a broader perspective in twin-transition analysis, incorporating social and economic performance alongside environmental sustainability in relation to digital transformation. Therefore, we establish a connection between the triple-bottom-line (TBL) approach and digital innovation in the unique reality of FBs. Our research approach is based on interviews conducted across multiple studies that explore FB dynamics and digitalisation in different industries and countries, supplemented by insights from secondary data. We analyse data through a directed qualitative content analysis. By adopting a broader perspective on sustainability—shifting from an exclusive focus on the environmental dimension to a TBL approach—our findings position FBs as key players in the twin transition, excelling at both addressing sustainability challenges and fostering digital innovation. These companies should prioritise aligning their strategies with equitable, viable and bearable principles in line with the TBL approach by fostering socio-emotional wealth, engaging younger generations in digital innovation and implementing work–life balance initiatives that enhance employee satisfaction and sustainability. Most of these strategies can also be replicated by non-family businesses, establishing FBs as exemplary leaders in the twin-transition journey. (shrink)

Ultrasociality refers to the social organization of a few species, including humans and some social insects, having a complex division of labor, city-states, and an almost exclusive dependence on agriculture for subsistence. We argue that the driving forces in the evolution of these ultrasocial societies were economic. With the agricultural transition, species could directly produce their own food and this was such a competitive advantage that those species now dominate the planet. Once underway, this transition was propelled (...) by the selection of within-species groups that could best capture the advantages of (1) actively managing the inputs to food production, (2) a more complex division of labor, and (3) increasing returns to larger scale and larger group size. Together these factors reoriented productive life and radically altered the structure of these societies. Once agriculture began, populations expanded as these economic drivers opened up new opportunities for the exploitation of resources and the active management of inputs to food production. With intensified group-level competition, larger populations and intensive resource exploitation became competitive advantages, and the “social conquest of Earth” was underway. Ultrasocial species came to dominate the earth's ecosystems. Ultrasociality also brought a loss of autonomy for individuals within the group. We argue that exploring the common causes and consequences of ultrasociality in humans and the social insects that adopted agriculture can provide fruitful insights into the evolution of complex human society. (shrink)

This article explores the transition to integrated reporting by a customer-owned bank and identifies the drivers of this transition, thereby providing insights for other businesses seeking to engage in such reporting. Practice theory provides a theoretical lens for this study. A case study approach encompassing in-depth interviews and documents analysis enabled the data to be collected for this research. This study finds that a customer-owned business context enables innovative approaches to reporting. An understanding of reporting and recognition of (...) the potential value of integrated reporting, basic guidelines for such a practice, and organisational ethical values and goals based on a combination of economic, social and environmental considerations matched by an organisational structure that embeds economic, social and environmental responsibilities rather than treating these as separate silos, enabled Goodbank to transition to integrated reporting and differentiate itself from its competitors and other organisations. (shrink)

This article reflects on the contribution that stakeholder involvement could give to circular bioeconomy transformation (CBE). By comparing argument for stakeholder involvement in literature as well as on our own experiences in six stakeholder involvement workshops, we argue that it is probably unrealistic to fully achieve both normative and co-design goals in a single workshop. Furthermore, stakeholder involvement can help to acquire insight into dependencies in the market and offer an opportunity to connect people to deal with them. Therefore we (...) propose for future stakeholder involvement initiatives for CBE to focus on (1) identify relationships of dependency which make it hard for players in the market to change, (2) develop strategies to change while mitigating the detrimental effects on already existing relationships and (3) gradually breaking down relationships and building new ones that support CBE. (shrink)

Charles Peirce had significant interests in economics. He reworked the mathematical economic models of Cournot and Jevons in the 1870s. He conceived of the transitive axiom of consumer preferences in 1874. Peirce also developed a thesis of the cognitive efficiency of the human mind, abduction. He criticized Newcomb's economic writings. These forays into economics affected the six essays on pragmatism. These interests in economics are integrated with the meaning of the pragmatic maxim in Peirce's 1903 Harvard Lectures.

William Stanley Jevons occupies a pivotal position in the history of economic thought, spanning the transition from classical to neo-classical economics and playing a key role in the Marginal Revolution. The breadth of Jevons's work is examined here which: * includes a detailed consideration of a wide range of his work-policy, theoretical, methodological, applied and empirical * relies on textual exegis * takes account of a wide range of secondary sources A new approach to the 'Jevonian revolution' is (...) adopted, which emphasizes the link between poverty and economics and focuses on the nature and meaning of rationality in Jevonian economics. (shrink)

Society is looking to business to help solve our most complex environmental and social challenges as we transition to a more sustainable economic model. However, without a fundamental shift in the dominant virtues that have influenced business decision making for the past 150 years to a new set of dominant virtues that better fit today's environment, it will be more natural for companies to resist the necessary changes than to find the opportunities within them. We use the term (...) “virtues” quite broadly to describe dispositions to think, feel and act in skillful ways that promote the aims of a practice. Addressing this deeper level of cultural change is essential to cultivating new instinctive behavior in business decision making. In this article, we describe five clusters of virtues that facilitate effective response to the transition challenges—adaptive, collaborative, frugality, humility, and systems virtues. To illustrate the application of these virtues, we present a detailed case study of Green Mountain Power, a Vermont electric utility that has embraced the shift to renewable energy and smart-grid technology, and is creating an innovative business model that is disrupting the industry. After distilling key findings from the case, we outline an approach to leadership development that can help accelerate the infusion of transitional virtues across an organization. (shrink)

This short paper is about the generalized evolutionary approach to the economics of science. Stephen Toulmin and David Hull are pioneers of the former rather than Karl Popper whose falsification thesis was sociologically naive. Useful directions for the future would go beyond the generalities of variation, transmission and selection towards making more explicit use of Darwin’s “two great principles.” The first is “the unity of types” i.e. common descent by employing phylogenetic methods to answer historical questions. The second is “the (...) conditions of existence” i.e. natural selection by making use of general principles of evolutionary ecology and socioecology to answer questions about why something evolved. (shrink)

This article examines difficulties with bureaucratic reform for transitional economies, drawing on the American experience. Bureaucracies have incentive and performance problems that could retard economic growth in transitional economies. A remedy for a politicized corrupt bureaucracy is an autonomous, professional bureaucracy, chosen on the basis of merit. This article argues, however, such a move will not necessarily bring improvement. Political controls over the bureaucracy must be developed and inserted so that the bureaucracy has incentives to be more efficient and (...) to be more responsive to changing citizen demands. The American experience indicates that absent such provisions, a highly-protected, professional bureaucracy can engage in opportunism to advance its interests and those interests may not coincide with promoting economic growth.Cet article examine les difficultés auxquelles font face les tentatives de réforme de la bureaucratie dans les économies en transition en s’inspirant de l’expérience américaine. Les questions d’incitation et l’inefficacité des bureaucraties pourraient retarder la croissance économique dans les économies en transition. Une bureaucratie autonome, professionnelle, choisie sur la base du mérite est un remède à une bureaucratie politiquement corrompue. Cependant, cet article soutient qu’une telle démarche n’engendre pas nécessairement des améliorations. Il faut en plus élaborer des contrôles politiques de la bureaucratie afin que celle-ci soit incitée à être plus efficace et davantage sensible aux besoins changeants des citoyens. L’expérience américaine indique qu’en l’absence de telles dispositions, une bureaucratie professionnelle et très protégée peut se comporter de manière opportuniste en cherchant à promouvoir ses propres intérêts, pas toujours compatibles avec l’accélération de la croissance économique. (shrink)

Globalization is not just an economic phenomenon as economic transactions cannot take place without parallel flows of ideas, cultural products and people. The traditional notion of immigrants, i.e. those who leave one country to settle into another while leaving behind their past, is inextricably linked to the other flows that constitute globalization. The traditional notions of immigrants, i.e. movements back and forth between sending and receiving countries have historically been a fact of life for many immigrant groups. However, (...) what is new about contemporary migration is the scale, diversity, density and regularity of such movements and the socioeconomic consequences that they have brought about are unmatched by the phenomena of the past (Portes & Guarnizo, 2002). Migration, development and international relations are thus closely linked (Castles, 1999, 2000a, 2000b). Indeed, by definition, international migrants have always crossed national borders. Whereas physical mobility concerns the observable act of crossing boundaries, psychological mobility refers to people’s attitudes towards this act (Lazarova & Taylor, 2009). Thus, sociological explanations of migration focus on the importance of cultural and social capital. Cultural capital refers to knowledge of other societies and the opportunities they offer, as well as information about how to actually go about moving and seeking work elsewhere. In this context, an understanding of diversity is warranted. (shrink)

This article argues that the (epi)genetic, cultural, symbolic, and environmental transmission channels are insufficient to explain the structure of modern human societies. Economic exchange of knowledge embodied in goods and services constitutes an additional transmission channel that makes more efficient use of limited human cognitive capacity. Economic exchange results in a gradual shift in societies from task-based division of labor to cognitive specialization. This shifts scarce cognitive resources away from production and into learning. It accelerates learning and reinforces (...) the drive towards specialization. Cognitive specialization may constitute another “major transition” towards a higher level of aggregation in human societies, with properties that differ from symbolic transmission. Collective control of individual market-based exchange is ensured by means of economic institutions that put a constraint on individual behavior. (shrink)

The study presented is the result of a field survey conducted in Latvia in 1991. The brief of this research was to trace the role of the ‘private’ farm sector that has begun to emerge in the wake of the transition from a central-command to a market-oriented economy. Thus a look at the legislative acts embodying the agrarian reform is ccompanied by an analysis of the recent developments in local production systems. The study of ‘production systems’, or that part (...) of economic analysis that comes under the rubric of ‘farm systems’, was employed here for the first time to analyze a Soviet-type economic system in transition. The first and second sections, which focus on the historical evolution of Latvia's agriculture and the economics underpinning it, range in compass from the ‘first’ agrarian reform to collectivization and on to the present situation. This is followed by a look at the current, or ‘third’, land reform initiative (section 3), particular emphasis being accorded the emergence of new production structures and the problems posed by the transformation of the old ones (sections 4 and 5). The next section includes a discussion of the links between the farms of the socialized sector and of the nascent private one (section 6). The concluding remarks provide a recapitulation of the study's main findings. (shrink)

Purpose ‐ The purpose of this paper is to explore the "resource curse" problem as a counter-example of creative performance and innovation by examining reliance on capital and physical resources, showing the gap between expectations and ex-post actual performance that became clearer under conditions of economic turmoil. Design/methodology/approach ‐ The analysis uses logistic regressions with dichotomous response and predictor variables on structured tables of count data, representing firm performance as an outcome of capital resources, physical resources and innovation where (...) appropriate. Findings ‐ Key findings relevant to economic and business practice follow. First, a typical characteristic of successful Vietnamese firms in the transition period is their reliance on either capital resources or physical asset endowments. Second, poor performers exhibit evidence of over-reliance on both capital and physical assets. Third, firms that relied on both types of resources tended to downplay creative performance. Some evidence suggests that firms face more acute problem caused by the law of diminishing returns in troubled times. Fourth, the "innovation factor" has not been tapped as a source of economic growth. Research limitations/implications ‐ This study has some limitations. The size of the survey sample is approximately 150 firms, while the potential sample of > 300 should be possible in the future. When the size increases, the research could be expanded to include further variables that will help investigate more deeply into the related issues and business implications. With regard to the implications of the study, the absence of innovations has made the notion of "resource curse" identical to "destructive creation" implemented by ex-ante resource-rich firms, and worsened the problem of resource misallocation in transition turmoil. The Vietnamese corporate sector's addiction to resources may contribute to economic deterioration, through a downward spiral of lower efficiency leading to consumption of more resources. Practical implications ‐ Insights obtained from this study could save transition economies' resources which have almost always been considered sine qua non before any critical major policymaking, while this is not necessarily true, and in many cases, even counterproductive. Originality/value ‐ Original data set on Vietnam stock market are collected, processed, prepared and used by the authors. Original design by the authors for regression equations with dichotomous predictor variables: dependence on endowed physical assets, reliance on capital resources and significant signs of creative performance/innovations. Original idea of viewing "resource curse" as absence of innovation and due to uncreative "destructive creation" of poor-performing commercial operations by resource-rich firms is used in the paper. We have searched the literature in business research and found that the empirical results have not been previously reported. (shrink)

Economic performance in the first decade of independent Slovenia was satisfactory, and social costs of secession from Yugoslavia and of transition were rather low. The explanation of success can be found in very favorable initial position of the country and in chosen patterns of transition. Many essentials for market economy were being created during endless reforms long before 1989, and transition goals were relatively well defined. Proper mix of graduality, pragmatism and risk aversion regarding devastation of (...) previous institutions together with adaptability of former political elite to new circumstances created conditions for a rather successful transition.La situation économique durant la première décennie d’indépendance de la Slovénie aura été satisfaisante et les coûts de la sécession avec la Yougoslavie et ceux de la transition auront été relativement faibles. L’explication du succès se trouve peutêtre dans la position initiale très favorable du pays et dans les schémas de transition retenus. Beaucoup des conditions essentielles à l’existence d’une économie de marché étaient en train d’être instaurées dans le cadre d’interminables réformes menées avant 1989, et les objectifs de la transition étaient assez bien définis. Un savant dosage de gradualisme, de pragmatisme et d’aversion au risque par rapport à la destruction des institutions existant antérieurement, couplé à l’adaptabilité de l’ancienne élite politique aux nouvelles circonstances ont donné lieu aux conditions requises pour une transition plutôt réussie. (shrink)

The energy domain is still dominated by equilibrium models that underestimate both the dangers and opportunities related to climate change. In reality, climate and energy systems contain tipping points, feedback loops, and exponential developments. This paper describes how to create realistic energy transition management models: quantitative models that can discover profitable pathways from fossil fuels to renewable energy. We review the literature regarding agent-based economics, disruptive innovation, and transition management and determine the following requirements. Actors must be detailed, (...) heterogeneous, interacting, learning, and strategizing. Technology should be represented as a detailed and heterogeneous portfolio that can develop in a bottom-up manner, using endogenous feedback loops. Assumptions about discount rates and the social cost of carbon should be configurable. The model should contain interactions between the global, national, local, and individual level. A review of modelling techniques shows that equilibrium models are unsuitable and that system dynamics and discrete event simulation are too limited. The agent-based approach is found to be uniquely suited for the complex adaptive sociotechnical systems that must be modelled. But the choice for agent-based models does not mean a rejection of other approaches because they can be accommodated within the agent-based framework. We conclude with practical guidelines. (shrink)

_In this article we justify why justice ought to be considered in scenarios of energy transitions, stipulate what dimensions should reasonably be considered, and investigate whether such considerations are taken in Swedish parliamentary debates on energy policies. Through interviews we investigated how Swedish parliamentary politicians think through justice in energy transitions, providing a practical perspective. We conclude that while there is some overlap between minimal conditions for energy justice and the issues brought forward by Swedish politicians, several issues are omitted. (...) Examples include procedural justice and recognizing Sámi interests. On the other hand, principles of energy justice omit economic issues, which are however often brought up by respondents. It can be argued that justice issues, and not only the technical and economic issues that currently dominate the political debate, should be considered in energy transitions. It is therefore unfortunate that questions about justice are not adequately recognized by Swedish members of parliament, as outlined here by interview results. Stronger conclusions would require more empirical work, but the article points out several discrepancies between the topics discussed in the research literature on energy policies, and the topics discussed by elected parliamentarians having a specific focus on energy policies. _ _Keywords_: energy justice; energy transitions; Swedish energy policies; climate justice. (shrink)

In this paper, we criticize the current focus of the bio-based economy (BBE) on efficiency and control and demonstrate the contradictions that this causes. We elucidate these tensions by comparing the BBE to alternative conceptions of economy that emphasise the relevance of both the human condition and unfathomable nature in the macro ecological transition project. From Emmanuel Levinas’s philosophy, we take and extrapolate two major concepts—il y a and enjoyment—that help to re-evaluate the status of both nature and the (...) human subject involved in environmental instability. From this analysis, we evaluate current economic practice in close relation to the deteriorating environment to contribute to a conception of an economy that is truly based on principles of the biosphere. We conclude that humankind and nature are notions that must be always considered in this encompassing and topical effort and explain how they have been fundamentally overlooked in current thought on the bio-based and circular economy. (shrink)