Value theory in ecological economics: the contribution of a political economy of wealth

Ali Douai ()
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Ali Douai: GREDEG - Groupe de Recherche en Droit, Economie et Gestion - UNS - Université Nice Sophia Antipolis (1965 - 2019) - CNRS - Centre National de la Recherche Scientifique - UniCA - Université Côte d'Azur

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Abstract: This paper demonstrates how a Political Economy of Wealth - an analytical framework inspired from Ricardo's and Marx's theories of value - strengthens the analytical force of Socio-Ecological Economics in the context of the controversy over the value of nature. The Political Economy of Wealth helps (1) to overcome some theoretical limitations encountered in Socio-Ecological Economics, (2) to develop a critical perspective on neoclassical theory of environmental values, as well as a new justification of value incommensurability, and (3) to move toward a new research agenda that aims to study interactions between the economy and the environment from a socio-historical perspective.

Date: 2009-08
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Citations: View citations in EconPapers (18)

Published in Environmental Values, 2009, 18 (3), pp.257-284. ⟨10.3197/096327109X12474739376415⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-00721172

DOI: 10.3197/096327109X12474739376415

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