Valuing Nature: Connecting Eco-Economy and the Capability Approach

Bo Alles�e Christensen

Review of Political Economy, 2015, vol. 27, issue 4, 539-564

Abstract: This article analyses Kitchen and Marsden's eco-economy by asking whether it manages to dissolve the untenable dualism of facts and values associated with the positivistic distinction between normative and positive economy. The analysis shows that a tension still exists within eco-economy between accepting normative considerations and operating with certain welfare-economic assumptions not embracing the entanglement between facts and values. This tension is sought to be dissolved by connecting eco-economy with Amartya Sen's capability approach, thereby contributing to the future development of eco-economy exemplified by the notion of entrepreneurism and policy-making.

Date: 2015
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DOI: 10.1080/09538259.2015.1084727

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