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ECONOSYSTEMICSECONOSYSTEMICS
Reframing Economics for Sustainability
Reframing Economics for Sustainability
Bryan K. LongEditor / Author / ActivistECONOSYSTEMICS.COM
ECONOSYSTEMECONOSYSTEM
A dynamic system of value transformations and transactions encompassing human society and the global ecosystem.
Dynamic: Energy dissipating; changing with time
System: Organized interacting components (sub-systems)
Value: Usefulness to a system’s maintenance, growth, or development
A dynamic system of value transformations and transactions encompassing human society and the global ecosystem.
Dynamic: Energy dissipating; changing with time
System: Organized interacting components (sub-systems)
Value: Usefulness to a system’s maintenance, growth, or development
EconomicsEconomics\e-kə-ˈnä-miks\
a social science concerned chiefly with description and analysis of the production, distribution, and consumption of goods and services
Alternative framing:
The analysis and modeling of value creation, exchange and consumption within human society.
\e-kə-ˈnä-miks\ a social science concerned chiefly with description and analysis of the production, distribution, and consumption of goods and services
Alternative framing:
The analysis and modeling of value creation, exchange and consumption within human society.
(Miriam Webster Dictionary)
ValueValue
Value depends on context. Yet we quantify it every time we buy or
sell. Implicitly what we are trying to measure
with GDP: how much value did our economy create?
Negative value: An interaction that diminishes the net value in a system
Value depends on context. Yet we quantify it every time we buy or
sell. Implicitly what we are trying to measure
with GDP: how much value did our economy create?
Negative value: An interaction that diminishes the net value in a system
ProductivityProductivity
The use of time, energy, capital, labor, biological systems and material resources to create value.
Efficiency: Using less time, energy, capital, labor, biological systems and/or material resources to create the same amount of value.
The use of time, energy, capital, labor, biological systems and material resources to create value.
Efficiency: Using less time, energy, capital, labor, biological systems and/or material resources to create the same amount of value.
Distribution and MarketingDistribution and Marketing
Distribution: The delivery of value from the time and place of creation to the time and place of value.
Marketing: Effort to create a context in which the perception of value is high.
Distribution: The delivery of value from the time and place of creation to the time and place of value.
Marketing: Effort to create a context in which the perception of value is high.
MoneyMoney
A measurement scale for the quantification of value
A future “call” on value from any participant in the monetary system.
A measurement scale for the quantification of value
A future “call” on value from any participant in the monetary system.
EcologyEcology\i-ˈkä-lə-jē\
1: a branch of science concerned with the interrelationship of organisms and their environments
2: the totality or pattern of relations between organisms and their environment
Alternative framing:
The analysis, decription and modeling of an ecosystem.
[Ecosystem: a system of biological species within a geophysical environment]
\i-ˈkä-lə-jē\ 1: a branch of science concerned with the interrelationship of organisms and their environments
2: the totality or pattern of relations between organisms and their environment
Alternative framing:
The analysis, decription and modeling of an ecosystem.
[Ecosystem: a system of biological species within a geophysical environment]
(Miriam Webster Dictionary)
The Human “Footprint”The Human “Footprint” Land: Mostly cities, agriculture and pasturage Ocean: Fish stocks plummeting Rainforests: Disappearing Arctic: Melting Biodiversity: Greatest extinction event
in 65 M years
Land: Mostly cities, agriculture and pasturage Ocean: Fish stocks plummeting Rainforests: Disappearing Arctic: Melting Biodiversity: Greatest extinction event
in 65 M years
The Earth at Night
Modern EconomicsModern Economics
Modern EconomicsModern Economics
Natural Resources
Modern RealityModern Reality
EconosystemicsEconosystemics
Energy
Geophysical Systems
BiologicalSystems
HumanSystems
Value
Impact
Impact
EconosystemicsEconosystemics
\i-ˈkä-nō-sis-təm-iks\
Broader discipline encompassing macroeconomics and planetary ecology.
“Natural world” includes us. Value flows in both directions. Sustainable human civilization can only be
modeled within this larger context.
\i-ˈkä-nō-sis-təm-iks\
Broader discipline encompassing macroeconomics and planetary ecology.
“Natural world” includes us. Value flows in both directions. Sustainable human civilization can only be
modeled within this larger context.
Sustainability Sustainability
Material resource flow must be circular Value flow must be circular Waste must be minimized Energy must be “renewable” Efficiency knowledge must be shared “Negative Value” activities must be eliminated
Pollution Ecosystem destruction War Social oppression
Material resource flow must be circular Value flow must be circular Waste must be minimized Energy must be “renewable” Efficiency knowledge must be shared “Negative Value” activities must be eliminated
Pollution Ecosystem destruction War Social oppression
Econosystemics ChallengesEconosystemics Challenges
Mapping whole-planet energy and resource flows
Modeling multi-species interactions Characterizing/quantifying non-monetary
value and negative-value transactions Reconciling present-value and future-value Reconciling human-value and inherent-value
perspectives
Mapping whole-planet energy and resource flows
Modeling multi-species interactions Characterizing/quantifying non-monetary
value and negative-value transactions Reconciling present-value and future-value Reconciling human-value and inherent-value
perspectives
Social ChallengesSocial Challenges
Kicking the fossil fuel habit Letting go of exploitive consumption, and
adopting cooperative development. Transcending tribal conflict Being able to see the big picture Developing pervasive social responsibility Stopping population growth
Kicking the fossil fuel habit Letting go of exploitive consumption, and
adopting cooperative development. Transcending tribal conflict Being able to see the big picture Developing pervasive social responsibility Stopping population growth
Sustainable DevelopmentSustainable Development
It’s not about going back to the farm. There is a difference between growth and
development. Quality of life is about food, water, shelter,
education, rights and opportunities Total recycling can give us plenty of
resources. Solar, wind, geothermal and advanced nuclear technologies can give us plenty of energy.
But we have to get from here to there.
It’s not about going back to the farm. There is a difference between growth and
development. Quality of life is about food, water, shelter,
education, rights and opportunities Total recycling can give us plenty of
resources. Solar, wind, geothermal and advanced nuclear technologies can give us plenty of energy.
But we have to get from here to there.
ECONOSYSTEMICSECONOSYSTEMICS
Econosystemics is about finding our way to a sustainable future.
For More Information and Links, visit:
http://www.econosystemics.com
Econosystemics is about finding our way to a sustainable future.
For More Information and Links, visit:
http://www.econosystemics.com
Reframing Economics for Sustainability