Quotation Foster, Gillian Joanne. 2014. An evolutionary economics view on sustainability. International Joseph Alois Schumpeter Society Conference 2014, Friedrich-Schiller-Universitat Jena (University of Jena), Germany, 27.27-30.7.


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Abstract

Sustainability calls for a transformation to an economic system that is dramatically different from the current business as usual. This paper extends the existing literature on sustainability research from the perspective of evolutionary economics to include an explicit interpretation and application of evolutionary economics’ rule structure and the micro, meso, macro framework developed by Dopfer, Foster and Potts (2004). Sustainability’s maturation from mere ideas to become a meaningful rule for doing business is discussed using examples. The concepts of sustainable consumption and production, Degrowth and Steady State Economy are compared as prominent and competing variants of sustainability within this evolutionary economics framework. Keywords: Sustainability ∙ Evolutionary economics theory ∙ Transition ∙ Micro meso macro ∙ Consumption

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Paper presented at an academic conference or symposium
Language English
Title An evolutionary economics view on sustainability
Event International Joseph Alois Schumpeter Society Conference 2014
Year 2014
Date 27.27-30.7
Country Germany
Location Friedrich-Schiller-Universitat Jena (University of Jena)
URL http://www.issevec.uni-jena.de/Conference.html
JEL B25 D11 Q01

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People
Foster, Gillian Joanne (Details)
Organization
Institute for Ecological Economics IN (Details)
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