气候变化领域集成服务门户(CCPortal): Ecological transition in a monetary economy of production: a heterodox approach

CCPortal

DOI	10.1007/s40822-023-00252-w
	Ecological transition in a monetary economy of production: a heterodox approach
	Solari, Maurizio; Le Bloc'h, Alexandre; Rossi, Sergio
发表日期	2024
ISSN	1309-422X
EISSN	2147-429X
起始页码	14
结束页码	1
卷号	14 期号:1
英文摘要	The global warming challenge is probably the major issue of our epoch, calling for a concerted response involving as many entities as possible. The economic system being the main responsible of this troubling situation, it is logical to address it first. The actual monetary economy of production has the banking system as the main driver of its functioning which justifies putting our attention on it. Central banks play a prominent role in such a system. They thus dispose of a relevant room for maneuver, which constitutes one of the main topics addressed here. Before that, this article discusses environmental concerns in a monetary production economy, advocating for an ecological economics approach as our privileged analytical foundation and highlighting the seminal role of the banking system in the monetary essence of our economic system, thus calling for an effort to enrich current monetary policy practices which must depart from the myth of 'market neutrality'. We therefore propose four axes of intervention with regard to the greening of central banks' action, which aim at redirecting credit away from carbon-intensive activities and towards low-carbon economic sectors. As needed as it is, adjusting monetary policy would however not suffice, the actual climate crisis being enrooted within the economic growth mantra applied through a profit-seeking scheme. A questioning of the very basis of our economic system is thus required to make the economy sustainable and finally safeguarding the conditions of life on earth.
英文关键词	Climate change; Ecological economics; Greening monetary policy; Monetary economy of production; Post-growth; E51; E58; O44; Q57
语种	英语
WOS研究方向	Business & Economics
WOS类目	Economics
WOS记录号	WOS:001162961200002
来源期刊	EURASIAN ECONOMIC REVIEW
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/297878
作者单位	University of Fribourg
推荐引用方式 GB/T 7714	Solari, Maurizio,Le Bloc'h, Alexandre,Rossi, Sergio. Ecological transition in a monetary economy of production: a heterodox approach[J],2024,14(1).
APA	Solari, Maurizio,Le Bloc'h, Alexandre,&Rossi, Sergio.(2024).Ecological transition in a monetary economy of production: a heterodox approach.EURASIAN ECONOMIC REVIEW,14(1).
MLA	Solari, Maurizio,et al."Ecological transition in a monetary economy of production: a heterodox approach".EURASIAN ECONOMIC REVIEW 14.1(2024).