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For the past three decades, neoclassical doctrine has dominated economic theory and policy. The balance of power has shifted to protect private interests, resulting in unprecedented damage to the environment and society, with no solution in sight as more austerity and less government continues to be posited as the answer to the oncoming waves of crisis.
It doesn't have to be this way. Featuring a remarkable roster of internationally renowned critical thinkers, Co-operatives in a Post-Growth Era presents a feasible alternative for a more environmentally sustainable and equitable economic system - specifically, the co-operative business model. With more than 100 million people working in co-operatives and more than a billion members around the world, the time has never been better for co-operatives everywhere to recognise their potential to change the economic landscape.
An essential book for students, policymakers and concerned citizens looking for a practical way to change the current stagnant economic paradigm.
Sonja Novkovic is a professor of economics at Saint Mary's University, and academic co-director in the Co-operative Management Education programme. Currently, she is the chair of the International Co-operative Alliance Research Committee and academic co-lead of the Measuring the Co-operative Difference Research Network in collaboration with Co-operatives and Mutuals Canada.
Tom Webb is an adjunct professor at Saint Mary's University School of Business and former programme manager of the master's degree in the Management of Co-operatives and Credit Unions (MMCCU).
Introduction: Co-operative Economics, Why Our World Needs It - Tom Webb and Sonja Novkovic
Part I: What is the New Economy and Why Do We Need It?
1. The World On a Collision Course and the Need for a New Economy - Manfred Max-Neef
2. The New Economy - Neva Goodwin
3. The World We Need - Richard Wilkinson and Kate Pickett
4. Are Prosperity and Sustainability Compatible? - William E. Rees
5. Living Well: Explorations into the End of Growth - Peter A. Victor
6. Complexity: Shock, Innovation and Resilience - Thomas Homer-Dixon
7. Finance for the Anthropocene - John Fullerton
Part II: Co-operatives and the New Economy
8. Choices, Incentives and Co-operative Organization - Stefano Zamagni
9. Are Co-operatives a Viable Business Form? Lessons from Behavioural Economics - Morris Altman
10. The Co-operative Enterprise: A Valid Alternative for a Balanced Society - Vera Negri Zamagni
11. Employee Ownership and Health: An Initial Study - David Erdal
12. Co-operatives in a Global Economy: Key Issues, Recent Trends and Potential for Development - Stephen C. Smith and Jonathan Rothbaum
13. A Role for Co-operatives in Governance of Common-pool Resources and Common Property Systems - Barbara Allen
14. Is the Debt Trap Avoidable? - Claudia Sanchez Bajo
Conclusion - Sonja Novkovic and Tom Webb