The Sustainable Development Paradigm and Contemporary Macroeconomics: The Epistemological Approach Cover Image

Paradygmat zrównoważonego rozwoju a współczesna makroekonomia – ujęcie
The Sustainable Development Paradigm and Contemporary Macroeconomics: The Epistemological Approach

Author(s): Bogusław Fiedor, Bartosz Scheuer, Zbigniew Dokurno
Subject(s): Epistemology, Economic development, Environmental interactions
Published by: Instytut Nauk Ekonomicznych Polskiej Akademii Nauk
Keywords: sustainable development; ecological economics; contemporary macroeconomics;

Summary/Abstract: The paper is an attempt at answering the following question: whether or to what extent is it possible to include the paradigm of sustainable development into contemporary orthodox economics. In other words, it is a question about the possibility of incorporating the ecological economics and/or sustainability economics, as based on this paradigm into the mainstream macroeconomics. The authors approach to this question is largely based on the epistemological point of view, also including to some extent ontological aspects. The point of reference of their analysis is, first of all, the recognition of main substreams in modern macroeconomics. Following that, the authors try to prove their substantial cognitive homogeneity in this respect. In the next part of the paper, the authors accomplish a reconstruction of research areas of ecological economics, also recognizing its parts: new environmental economics, new environmental pragmatism and socio-ecological economics, and characterizing them from the point of view of the category of sustainable development. The answer to the question about the possibility of including the paradigm of sustainable development into the main body of contemporary mainstream macroeconomics is basically negative because of crucial epistemological and ontological discrepancies between it and ecological economics and/or sustainability economics.

  • Issue Year: 2016
  • Issue No: 1
  • Page Range: 11-31
  • Page Count: 21
  • Language: Polish
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