Mounting evidence suggests that GDP growth is damaging the natural environment and unlikely to be ecologically sustainable in the long-run. At the same time, an annual GDP growth rate of around three percent is regarded as the minimum necessary to prevent unemployment from escalating. Clearly, a trade-off exists between environmental goals and employment goals, yet this trade-off has been largely ignored or denied.
This book aims to resolve the environment-employment dilemma by suggesting ways and means to achieve low rates of unemployment, or preferably full employment, in the context of a low-growth or steady-state economy. In search of a solution to this dilemma, this book seeks to answer the following questions:
What existing paradigms offer a possible foundation for further investigation into issues dealing with both the environment and employment?
What specific initiatives can be implemented to deal with unemployment given that any potential solution must be consistent with responsible macroeconomic policy?
To what extent can ecological tax reform provide a solution to the environment-employment dilemma?
Under what circumstances is it clear that certain forms of employment generation are antithetic to the goal of ecological sustainability?
How can more favourable employment-generating opportunities be exploited in ways which lower unemployment or achieve full employment without the need for ecologically-destructive GDP growth?
This book will no doubt stimulate a broader discussion on the issue, and it may just begin a process that leads to the eventual emergence of a viable policy strategy to generate a sustainable, full employment future. This book will be of interest to decision-makers, civil servants, researchers, and NGO employees as well as students of environmental and ecological economics and issues related to employment and unemployment.
Contents
PART I: AN INTRODUCTION TO ENVIRONMENT AND EMPLOYMENT
Chapter 1: Whyn the connection between the environment and employment?
Philip Lawn
Chapter 2: The potential conflict between ecological sustainability and full employment
Philip Lawn
PART II: POST-KEYNESIAN ECONOMICS AND THE ENVIRONMENT
Chapter 3: Why have Post-Keynesians (perhaps) inadequately dealt with issues related to the environment?
Andrew Mearman
Chapter 4: Recovering and extending classical and Marshallian foundations for Post-Keynesian environmental economics
Paul Christensen
Chapter 5: Post-Keynesian economics and sustainable development
Richard Holt
PART III: GUARANTEED EMPLOYMENT VERSUS GUARANTEED INCOME
Chapter 6: The Basic Income Guarantee and the goals of equity, efficiency, and environmentalism
Karl Widerquist and Michael Lewis
Chapter 7: Evaluating the economic and environmental viability of Basic Income and Job Guarantees
Pavlina Tcherneva
Chapter 8: A comparison of the macroeconom...