Ecological Economics
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Alternative Currencies: Ithaca HOURS Case
Local exchange systems could be employed as a means of building social capital among individuals in a society, unlike conventional forms of exchange systems which proposes a standardized relationship based on monetary interest between the purchaser and the seller. Exchange is implemented via national currencies conventionally. This exchange system poses several social problems related to…
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Copernican Revolution and Our Confrontation with the “Spaceship Earth”
Latouche, in his book where he lays out the misconceptions and discussions on the concept of degrowth, quotes the most prominent theoretical criticism of degrowth by Odum as “it relies on unjustified and even false scientific grounds” (2018). What he specifically refers as “the scientific grounds” is the second law of thermodynamics, known as the…

