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Keynesyen İktisatın Geri Dönüşü ya da Kapitalizmi Yeşile Boyamak: “Yeşil Keynesyenizm”

Year 2019, Volume: 27 Issue: 42, 129 - 144, 31.10.2019
https://doi.org/10.17233/sosyoekonomi.2019.04.07

Abstract

Ekonomik krizler ve çevresel tahribat, neoklasik iktisat teorisi temelinde şekillenen anaakım vizyonun sunduğu argümanların eleştirel bir bağlamda sorgulanmasına yol açmıştır. Eleştirel iddianın temel savı, yirmi birinci yüzyıl kapitalizmi için ekolojik sürdürülebilirliği dışlamayan ekonomik olarak uygulanabilir bir vizyonun başat bir gereklilik olduğu üzerinedir. Bu çalışma, anaakım iktisat yaklaşımını eleştirel bir düzlemde ele alarak Keynesyen teorinin yeniden yorumlanmasına olanak tanımakta ve “yeşil Keynesyenizm” kavramsallaştırmasını teorik bir düzlemde irdelemektedir. Bu doğrultuda çalışma, teorinin ötesine geçerek “yeşil Keynesyenizm” yaklaşımını pratik bir bağlamda kavramsallaştırmayı hedeflemektedir. Çalışma, teoriye yöneltilen eleştirilere yer vermekte ve alternatif gelecek vizyonlarını imleyerek sonlanmaktadır.

References

  • Barbier, E. B. (2010), Rethinking the Economic Recovery: A Global Green New Deal, United Nations Environment Programme (UNEP).
  • Benati, L. (2007), “The Great Moderation in the United Kingdom”, European Central Bank Working Paper Series No: 769.
  • Berr, E. (2015), “Sustainable development in a post Keynesian perspective: why eco-development is relevant to post Keynesian economics”, Journal of Post Keynesian Economics, 37, pp. 459-480.
  • Bina, O. (2013), “The Green Economy and Sustainable Development: An Uneasy Balance?”, Environment and Planning C: Government and Policy, volume 31, pp. 1023-1047.
  • Cato, M. S. (2013), “The Paradox of Green Keynesianism”, Green House Publication.
  • Custers, P. (2009), “Green New Deals and Military Keynesianism”, Paper towards the 13th Conference of the Research Network Macroeconomics and Macroeconomic Policies, Berlin, October 30-31.
  • Das, S. (2016), The Age of Stagnation: Why Perpetual Growth is Unattainable and the Global Economy is in Peril, Prometheus Books: New York.
  • Derber, C. (2016), Greed to Green: Solving Climate Change and Remaking the Economy, Paradigm Publishers: New York.
  • Dobson, A. (2007), “Environmental Citizenship: Towards Sustainable Development”, Sustainable Development, 15, pp. 276–285.
  • Eaton, J. (1951), Marx Against Keynes, London: Lawrence and Wishart.
  • Edenhofer, O. & Stern, L. N. (2009), “Towards a Global Green Recovery, Recommendations for Immediate G20 Action”, Report Submitted to the G20 London Summit – 2 April 2009.
  • Goldstein, J. and Tyfield, D. (2018), “Green Keynesianism: Bringing the Entrepreneurial State Back in(to Question)?”, Science as Culture, 27 (1), 74-97.
  • Hannis, M. and Sullivan, S. (2012), “Offsetting Nature? Habitat Banking and Biodiversity Offsets in the English Land Use Planning System”, Green House Publication.
  • Harris, J. (2010), “The Macroeconomics of Development without Throughput Growth”, Global Development and Environment Institute Working Paper No: 10-05, pp. 1-15.
  • Harris, J. (2013), “Green Keynesianism: Beyond Standard Growth Paradigms”, Global Development and Environment Institute Working Paper No. 13-02, pp. 1-19.
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  • Harvey, D. (2014), Seventeen Contradictions and the End of Capitalism, Oxford University Press: New York.
  • Holt, R. P. F. and Spash, C. L. (2009), “Post Keynesian and Ecological Economics: Alternative Perspectives On Sustainability and Environmental Economics”, R.P.F. Holt, Pressman S., and C. L. Spash (ed.) in Post Keynesian and Ecological Economics: Confronting Environmental Issues, Edward Elgar: Cheltenham.
  • IEEP (2015), “Establishing an EU ‘Guardian for Future Generations’”, Report and Recommendations for the World Future Council, Institute for European Environmental Policy.
  • Keynes, J. M. (1936), The General Theory Of Employment, Interest and Money, New York: Harcourt, Brace & World, Inc.
  • Mearman, A. (2007), “Post Keynesian Economics and The Environment: Waking Up and Smelling The Coffee Burning?”, International Journal of Green Economics, 1 (3-4), pp. 374-380.
  • Moore, J. W. (2015), Capitalism in the Web of Life: Ecology and the Accumulation of Capital, London: Verso.
  • Morales, E. (2009), “How to Save the World, Life and Humanity”, in D. Ransom and V. Baird (ed.) People First Economics, New Internationalist, TM Publications Ltd: Oxford.
  • Ropke, I. (2013), “Ecological Macroeconomics: Implication for the Role of Consumer-Citizens”, in Cohen, M. J., Brown, Halina Szejnwald, Vergragt Philip J. (ed.) Innovations in Sustainable Consumption: New Economics, Socio-Technical Transition and Social Practices, Edward Elgar: Cheltenham.
  • Scott, R. (2009), “The Post Keynesian/ecological economics of Kenneth Boulding”, R.P.F. Holt, Pressman S., and C. L. Spash (ed.) in Post Keynesian and Ecological Economics: Confronting Environmental Issues, Edward Elgar: Cheltenham.
  • Skidelsky, R. (2009), Keynes: The Return of the Master, PublicAffairs.
  • Skidelsky, R. and Backhouse, R. (2016), “The Keynesian Revolution and the Theory of Countervailing Powers”, in Skidelsky, R. and Craig, N. (ed.) Who Runs The Economy: The Role of Power in Economics, Palgrave Macmillan: London.
  • Skidelsky, R. and Craig, N. (2016), “Introduction”, in in Skidelsky, R. and Craig, N. (ed.) Who Runs The Economy: The Role of Power in Economics, Palgrave Macmillan: London.
  • Streeck, W. (2016), Satın Alınan Zaman: Demokratik Kapitalizmin Gecikmiş Krizi, İstanbul: Koç Üniversitesi Yayınları.
  • Tienhaara, K. (2014), “Varieties of Green Capitalism: Economy and Environment in the wake of the Global Financial Crisis”, Environmental Politics, 23(2), 187-204.
  • UNEPa (2009), “Global Green New Deal”, United Nations Environment Program Green Economy Inıtiative.
  • UNEPb (2009), “Global Green New Deal An Update for the G20 Pittsburgh Summit.
  • Wilkinson, R. and Pickett, K. (2009), “Equality is Better-For Everyone”, in D. Ransom and V. Baird (ed.) People First Economics, New Internationalist, TM Publications Ltd: Oxford.
  • Wolff, R. (2011), “The Keynesian Revival: a Marxian Critique”, Alternate Routes: A Journal of Critical Social Research, 22, <http://www.alternateroutes.ca/index.php/ar/article/view/14420>, 25.06.2018.

Revival of Keynesian Economics or Greening Capitalism: “Green Keynesianism”

Year 2019, Volume: 27 Issue: 42, 129 - 144, 31.10.2019
https://doi.org/10.17233/sosyoekonomi.2019.04.07

Abstract

Severity of economic crises and environmental collapses have sparked off a renewed interest in revisiting mainstream arguments dominated by neoclassical economic models in a critical way. The idea behind these critisisms is that there is an essential need to develop a new approach that embraces the elements of ecologically sustainable and economically viable solutions for the globalized capitalism of the twenty-first century. After giving a brief overview of debates related to the criticism of mainstream arguments and revival of the Keynesian idea with a new interpretation, this paper explores basic characteristics of “green Keynesianism” and discusses theoretical arguments related to this concept. Also, “green new deal” and its varieties, which might be seen as an extension of the theoretical context of green Keynesianism are examined in a practical manner. Furthermore, the paper deals with the criticisms of various aspects of this new theory.

References

  • Barbier, E. B. (2010), Rethinking the Economic Recovery: A Global Green New Deal, United Nations Environment Programme (UNEP).
  • Benati, L. (2007), “The Great Moderation in the United Kingdom”, European Central Bank Working Paper Series No: 769.
  • Berr, E. (2015), “Sustainable development in a post Keynesian perspective: why eco-development is relevant to post Keynesian economics”, Journal of Post Keynesian Economics, 37, pp. 459-480.
  • Bina, O. (2013), “The Green Economy and Sustainable Development: An Uneasy Balance?”, Environment and Planning C: Government and Policy, volume 31, pp. 1023-1047.
  • Cato, M. S. (2013), “The Paradox of Green Keynesianism”, Green House Publication.
  • Custers, P. (2009), “Green New Deals and Military Keynesianism”, Paper towards the 13th Conference of the Research Network Macroeconomics and Macroeconomic Policies, Berlin, October 30-31.
  • Das, S. (2016), The Age of Stagnation: Why Perpetual Growth is Unattainable and the Global Economy is in Peril, Prometheus Books: New York.
  • Derber, C. (2016), Greed to Green: Solving Climate Change and Remaking the Economy, Paradigm Publishers: New York.
  • Dobson, A. (2007), “Environmental Citizenship: Towards Sustainable Development”, Sustainable Development, 15, pp. 276–285.
  • Eaton, J. (1951), Marx Against Keynes, London: Lawrence and Wishart.
  • Edenhofer, O. & Stern, L. N. (2009), “Towards a Global Green Recovery, Recommendations for Immediate G20 Action”, Report Submitted to the G20 London Summit – 2 April 2009.
  • Goldstein, J. and Tyfield, D. (2018), “Green Keynesianism: Bringing the Entrepreneurial State Back in(to Question)?”, Science as Culture, 27 (1), 74-97.
  • Hannis, M. and Sullivan, S. (2012), “Offsetting Nature? Habitat Banking and Biodiversity Offsets in the English Land Use Planning System”, Green House Publication.
  • Harris, J. (2010), “The Macroeconomics of Development without Throughput Growth”, Global Development and Environment Institute Working Paper No: 10-05, pp. 1-15.
  • Harris, J. (2013), “Green Keynesianism: Beyond Standard Growth Paradigms”, Global Development and Environment Institute Working Paper No. 13-02, pp. 1-19.
  • Harvey, D. (2010), The Enigma of Capital: And the Crises of Capitalism, London: Profile.
  • Harvey, D. (2014), Seventeen Contradictions and the End of Capitalism, Oxford University Press: New York.
  • Holt, R. P. F. and Spash, C. L. (2009), “Post Keynesian and Ecological Economics: Alternative Perspectives On Sustainability and Environmental Economics”, R.P.F. Holt, Pressman S., and C. L. Spash (ed.) in Post Keynesian and Ecological Economics: Confronting Environmental Issues, Edward Elgar: Cheltenham.
  • IEEP (2015), “Establishing an EU ‘Guardian for Future Generations’”, Report and Recommendations for the World Future Council, Institute for European Environmental Policy.
  • Keynes, J. M. (1936), The General Theory Of Employment, Interest and Money, New York: Harcourt, Brace & World, Inc.
  • Mearman, A. (2007), “Post Keynesian Economics and The Environment: Waking Up and Smelling The Coffee Burning?”, International Journal of Green Economics, 1 (3-4), pp. 374-380.
  • Moore, J. W. (2015), Capitalism in the Web of Life: Ecology and the Accumulation of Capital, London: Verso.
  • Morales, E. (2009), “How to Save the World, Life and Humanity”, in D. Ransom and V. Baird (ed.) People First Economics, New Internationalist, TM Publications Ltd: Oxford.
  • Ropke, I. (2013), “Ecological Macroeconomics: Implication for the Role of Consumer-Citizens”, in Cohen, M. J., Brown, Halina Szejnwald, Vergragt Philip J. (ed.) Innovations in Sustainable Consumption: New Economics, Socio-Technical Transition and Social Practices, Edward Elgar: Cheltenham.
  • Scott, R. (2009), “The Post Keynesian/ecological economics of Kenneth Boulding”, R.P.F. Holt, Pressman S., and C. L. Spash (ed.) in Post Keynesian and Ecological Economics: Confronting Environmental Issues, Edward Elgar: Cheltenham.
  • Skidelsky, R. (2009), Keynes: The Return of the Master, PublicAffairs.
  • Skidelsky, R. and Backhouse, R. (2016), “The Keynesian Revolution and the Theory of Countervailing Powers”, in Skidelsky, R. and Craig, N. (ed.) Who Runs The Economy: The Role of Power in Economics, Palgrave Macmillan: London.
  • Skidelsky, R. and Craig, N. (2016), “Introduction”, in in Skidelsky, R. and Craig, N. (ed.) Who Runs The Economy: The Role of Power in Economics, Palgrave Macmillan: London.
  • Streeck, W. (2016), Satın Alınan Zaman: Demokratik Kapitalizmin Gecikmiş Krizi, İstanbul: Koç Üniversitesi Yayınları.
  • Tienhaara, K. (2014), “Varieties of Green Capitalism: Economy and Environment in the wake of the Global Financial Crisis”, Environmental Politics, 23(2), 187-204.
  • UNEPa (2009), “Global Green New Deal”, United Nations Environment Program Green Economy Inıtiative.
  • UNEPb (2009), “Global Green New Deal An Update for the G20 Pittsburgh Summit.
  • Wilkinson, R. and Pickett, K. (2009), “Equality is Better-For Everyone”, in D. Ransom and V. Baird (ed.) People First Economics, New Internationalist, TM Publications Ltd: Oxford.
  • Wolff, R. (2011), “The Keynesian Revival: a Marxian Critique”, Alternate Routes: A Journal of Critical Social Research, 22, <http://www.alternateroutes.ca/index.php/ar/article/view/14420>, 25.06.2018.
There are 34 citations in total.

Details

Primary Language English
Journal Section Articles
Authors

Metehan Cömert 0000-0003-3906-7272

Publication Date October 31, 2019
Submission Date August 7, 2018
Published in Issue Year 2019 Volume: 27 Issue: 42

Cite

APA Cömert, M. (2019). Revival of Keynesian Economics or Greening Capitalism: “Green Keynesianism”. Sosyoekonomi, 27(42), 129-144. https://doi.org/10.17233/sosyoekonomi.2019.04.07
AMA Cömert M.Revival of Keynesian Economics or Greening Capitalism: “Green Keynesianism.” Sosyoekonomi. October 2019;27(42):129-144. doi:10.17233/sosyoekonomi.2019.04.07
Chicago Cömert, Metehan. “Revival of Keynesian Economics or Greening Capitalism: ‘Green Keynesianism’”. Sosyoekonomi 27, no. 42 (October 2019): 129-44. https://doi.org/10.17233/sosyoekonomi.2019.04.07.
EndNote Cömert M (October 1, 2019) Revival of Keynesian Economics or Greening Capitalism: “Green Keynesianism”. Sosyoekonomi 27 42 129–144.
IEEE M. Cömert, “Revival of Keynesian Economics or Greening Capitalism: ‘Green Keynesianism’”, Sosyoekonomi, vol. 27, no. 42, pp. 129–144, 2019, doi: 10.17233/sosyoekonomi.2019.04.07.
ISNAD Cömert, Metehan. “Revival of Keynesian Economics or Greening Capitalism: ‘Green Keynesianism’”. Sosyoekonomi 27/42 (October 2019), 129-144. https://doi.org/10.17233/sosyoekonomi.2019.04.07.
JAMA Cömert M. Revival of Keynesian Economics or Greening Capitalism: “Green Keynesianism”. Sosyoekonomi. 2019;27:129–144.
MLA Cömert, Metehan. “Revival of Keynesian Economics or Greening Capitalism: ‘Green Keynesianism’”. Sosyoekonomi, vol. 27, no. 42, 2019, pp. 129-44, doi:10.17233/sosyoekonomi.2019.04.07.
Vancouver Cömert M. Revival of Keynesian Economics or Greening Capitalism: “Green Keynesianism”. Sosyoekonomi. 2019;27(42):129-44.