Tag: #StakeholderEconomy
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Social networks affect redistribution decisions and polarization
“Social networks affect redistribution decisions and polarization” “Whom you observe in your daily life alters your willingness to tax the rich” Recent research suggests that the visibility of extreme wealth within a person’s social circle drives their support for economic redistribution but simultaneously fosters political polarization and personal dissatisfaction. A study published in PNAS Nexus combines computational…
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Nature on the balance sheet …
“Putting nature on the balance sheet: how to account for the ecological costs of our actions” Economists should consider forests and wetlands as well as factories and farms. A book review of “On Natural Capital: The Value of the World Around Us“, Partha Dasgupta (2025) On Natural Capital recaps the roaring economic advances of the past 75…
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‘We are kin to everything’
From the Nature Briefing of March 5, 2025 In her hit 2013 book, Braiding Sweetgrass, botanist Robin Wall Kimmerer, who is a member of the Citizen Potawatomi Nation, made the argument for bringing together knowledge from Western and Indigenous science. In The Serviceberry, she turns her microscope on the damaging disconnects between capitalist economics and the circular economy…
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Deciding how to decide (urban infrastructure maintenance)
“Deciding how to decide: A conceptual model for consensually fostering urban infrastructure maintenance” discusses infrastructure owners facing challenges in effective maintenance decision-making due to the process’s multidisciplinary nature, spanning mathematics to cognitive science. This study delves into enhancing maintenance for complex infrastructure systems, specifically in scenarios where a single primary owner must consider the preferences…
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New Stakeholder Theory to rescue the megaproject puzzle …
“Cracking the megaproject puzzle: A stakeholder perspective?” advocates the perspective ” new stakeholder theory ” to make sense of empirical regularities in megaprojects, so make sense of delays, cost growth, and scope creep. It is suggested that empirical regularities are not isomorphic with bad management and/or dishonesty, but rather an outcome of the ‘rules of the game’.…
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Market forces are not enough to halt climate change
A very interesting opinion has been published a while ago in the FT: “Market forces are not enough to halt climate change“ I like to repeat the quote used in the “Nature Anthropocene briefing of July 5“, with following comments:The desire for financial returns will mean that fossil fuels continue to be good investments, thus…
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Limitarism – A bliss
Ingrid Robeyns’s Limitarianism: The Case Against Extreme Wealth, a powerful case for limitarianism–the idea that we should set a maximum on how much resources one individual can appropriate. A must-read! (so says Thomas Piketty). Ingrid Robeyns’ Limitarianism is a recent addition in a long line of critiques – such as Thomas Piketty’s Capital and Branko Milanovic’s Visions of Inequality – of the…
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Equality is essential for sustainability.
In following, I resume 3 recent articles on this most valuable topic, related to the survival of our environment, societies and species. Why the world cannot afford the rich Equality is essential for sustainability. The science is clear — people in more equal societies are more trusting and more likely to protect the environment than…
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Human society is currently undergoing a socio-cultural ETI
An evolutionary transition in individuality (ETI) occurs when a previously independent organism becomes a lower level unit within a higher hierarchical level (for example, cells in an organism, ants in a colony). Based on archaeological and historical accounts from the last 12000 years, this article “Human societal development: is it an evolutionary transition in individuality?”…
