GREEN RECOVERY FROM THE CRISIS: A COMPARATIVE ANALYSIS OF GREEN NEW DEAL AND ECOSOCIALISM (original) (raw)

Green New Deal: A Green Way out of the Crisis?

The multi-dimensional nature of the current global crisis requires a holistic approach in addressing economic, social and ecological problems. Following the crisis, several organizations started to publish reports on a concept called Green New Deal (GND) with reference to the New Deal policies of the 1930s in the USA. Since then, the concept has gained increasing popularity among the public. On the other hand, it fuelled a heated discussion between its supporters and ecosocialists. The aim of this paper is to highlight the points at which GND supporters and ecosocialists converge and diverge, and discuss critically the transformative capacity of different GND proposals. We conclude that GND policies can help to set the stage for the transformation long sought by the ecosocialist agenda, and hence from this perspective, these two approaches can be seen as complementary rather than substitutes.

Bina, O and La Camera, F. (2011) Promise and shortcomings of a green turn in recent policy responses to the "double crisis", Ecological Economics, doi: 10.1016/j.ecolecon.2011.1006.1021.

The paper analyses six international-scale responses to the financial and climate change 'double crisis' in order to: review how they define problems and solutions, analyse what underpins the policy choices revealed in these responses (the 'green turn'), reflect on the implications of the proposed solutions in terms of sustainability and global environmental justice, and to suggest three elements for a paradigm shift towards an 'alternative' turn embedded in ecological economics theory. The analysis reveals that responses by leading international organisations continue to appeal to the precepts of neoclassical economy. We argue that from an ecological economics perspective, policy responses under the various labels of green economy, green growth, sustainable growth, green new deal, fall well short of what is needed to fight the environmental crisis and rising inequality across and within countries. The idea of justice and equity that underpins the mainstream approach seems inadequate in terms of sustaining our environmental base and global environmental justice. Based on this critical review, we propose an 'alternative turn', centered on three elements of a paradigm shift leading to a new economy where the environmental base and global environmental justice are at the centre of the discourse.

Promise and shortcomings of a green turn in recent policy responses to the “double crisis”

Ecological Economics, 2011

The paper analyses six international-scale responses to the financial and climate change 'double crisis' in order to: review how they define problems and solutions, analyse what underpins the policy choices revealed in these responses (the 'green turn'), reflect on the implications of the proposed solutions in terms of sustainability and global environmental justice, and to suggest three elements for a paradigm shift towards an 'alternative' turn embedded in ecological economics theory. The analysis reveals that responses by leading international organisations continue to appeal to the precepts of neoclassical economy. We argue that from an ecological economics perspective, policy responses under the various labels of green economy, green growth, sustainable growth, green new deal, fall well short of what is needed to fight the environmental crisis and rising inequality across and within countries. The idea of justice and equity that underpins the mainstream approach seems inadequate in terms of sustaining our environmental base and global environmental justice. Based on this critical review, we propose an 'alternative turn', centred on three elements of a paradigm shift leading to a new economy where the environmental base and global environmental justice are at the centre of the discourse.

Economic and ecological crises: Green New Deals and no-growth economies

Bob Jessop applies cultural political economy to the global economic and ecological crisis. He presents theoretical preliminaries concerning economic and ecological imaginaries, and then goes on to highlight the multidimensional nature of the current crisis and struggles over its interpretation.

The Global Political Economy of Green Finance and Socio-Ecological Transformation

This article examines the transformative potential of various Green New Deal concepts that are currently being discussed in response to multiple crisis symptoms of globalised capitalism. The main focus is on the development of a systematic analytical framework, which will allow the definition and assessment of the transformative potential of different political programmes. Throughout three constitutive characteristics of capitalist production (separation of wage labour and property, of enterprises among themselves and of the totality of enterprises and the state), three levels of transformation are presented (redistribution, socialisation and planning). Subsequently, different Green New Deal concepts are examined in order assess to what extent they can contribute to a transformation of capitalism.

A People’s Green New Deal: Obstacles and Prospects

Agrarian South: Journal of Political Economy: A triannual Journal of Agrarian South Network and CARES

Within the past years, the Green New Deal (GND) became the common language for Northern climate politics, offering a seeming exit path from Northern social and ecological crises while erasing an older Northern climate discourse tied to Southern demands for climate reparations and rights to development. This Eurocentric GND has become the environmental program for an equally Eurocentric social democratic renewal. This article situates the GND in world-systemic shifts, and Northern reactions to such shifts. It situates the GND as one of three possible Eurocentric solutions to the climate crisis: a great elite transformation from above; a left-liberal “reformist” resolution; a social democratic resolution. It then elaborates a possible “People’s Green New Deal,” a revolutionary transformation focused on state sovereignty, climate debt, auto-centered development, and agriculture. Within each proposed resolution, it traces the role of the land, agriculture, and peasants.

Can the Green Economy Be a Solution for the Ecological Crisis

Ekonomi ve Yönetim Araştırmaları Dergisi, 2019

There has been a widespread consensus on deepening ecological crisis since the early 1970s during which the world economy started to show signals of world economic crisis. Ecological crisis is not independent of economic crisis. As economic crisis deepens, we have been witnessing acceleration in commodification of new facets of nature. Moreover, the approach of incorporation of all life forms and eco systems into the price mechanism is launched with an “environmentalist” discourse as green economy by the prestigious international institutions. They argued in their various reports that there is a harmonious relationship between growth and protection of environment. In this paper it is argued that green economy provides a new field for profitable investments. Thus, ecological crisis deepens instead of being solved. Behind the green economy argument there is not environmental considerations, instead it is seen as a new field for profitable investment opportunities to overcome the economic crisis. Therefore, it can not be a solution for the ecological crisis