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Cooperative governance: one pathway to a stable-state economy

Citation

Phelan, L and McGee, JS and Gordon, r, Cooperative governance: one pathway to a stable-state economy, Environmental Politics, 21, (3) pp. 412-431. ISSN 0964-4016 (2012) [Refereed Article]

Copyright Statement

Copyright 2012 Taylor & Francis

DOI: doi:10.1080/09644016.2012.671572

Abstract

Exponential increases in material and energy use globally threaten Earth System stability in many ways including through climate change. Yet societies remain committed to economic growth, reflected in the way publicly traded corporations are legally obliged to maximise shareholders' profits. In contrast, businesses governed cooperatively by members, i.e. democratically and transparently, may be better suited to operating in an ecologically sustainable way, enacting their members' ethical commitments. Combining a complex adaptive systems approach with community economies theory, we argue that cooperatives offer a significant transformative opportunity to resocialise and repoliticise economies away from the growth imperative. Cooperative governance is consistent enough with currently dominant neoliberal governance (itself closely aligned with economic growth) to gain initial policy traction. Ultimately, we seek an overall shift to a stable-state economy - a global economy whose operation sustains rather than threatens the familiar (to humans and our civilisations) stable state of the Earth System. © 2012 Copyright Taylor and Francis Group, LLC.

Item Details

Item Type:Refereed Article
Research Division:Law and Legal Studies
Research Group:Law
Research Field:Environmental and Natural Resources Law
Objective Division:Environment
Objective Group:Climate and Climate Change
Objective Field:Climate Change Adaptation Measures
Author:McGee, JS (Dr Jeffrey McGee)
ID Code:99086
Year Published:2012
Web of Science® Times Cited:4
Deposited By:Faculty of Law
Deposited On:2015-03-12
Last Modified:2017-10-24
Downloads:0

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