What Is Ecological Economics?
Ecological economics is an alternative economic model that
challenges the current growth-driven system, presenting instead
a model that recognizes Earth’s biophysical limits and embodies
both social and ecological values.
Among other things, ecological economics calls for:
Right-sizing national economies in order to respect
Earth’s need to rest and rejuvenate and less
industrialized countries’ need to develop in sustainable
ways.
Measuring the success of economies not by endless
growth in production and consumption, but by increased
human well-being an ecological integrity.
Creating strong, thriving, interdependent
local/regional economies and human communities that are
rich in social ties.
Shifting to a sufficiency-based economy in which the
gifts of Earth are shared equitably; everyone has enough
and no one has excess.
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(Sisters of the Holy Cross, St. Mary’s, Notre Dame, Indiana