A bioregional economy: A green and post-capitalist alternative to an economy of accumulation

Rhydian Fôn James and Molly Scott Cato

Local Economy, 2014, vol. 29, issue 3, 173-180

Abstract: Some of the most compelling explanations for the current crisis reasoning comes from a Marxist understanding of how rising inequality and accumulation by dispossession during the neoliberal era led to economic instability. Other arguments put forward tend to ignore the inappropriateness of stimulating aggregate demand in an era when we have already grown beyond the planetary boundary, as evidenced by the crises of land use, climate change, and resource depletion. It may not be possible to address these problems within a reformed capitalism; rather, such a goal can only be met within a post-capitalist ecological economy geared to production for need, not for profit. This paper sets out a post-capitalist alternative drawing from green economics and Marxian economics and applied at a local and regional level.

Keywords: bioregion; capital accumulation; green economy; post-capitalism; subsidiarity (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:sae:loceco:v:29:y:2014:i:3:p:173-180

DOI: 10.1177/0269094214526542

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