By John Gowdy
The topic of this quantity is the human financial system and its coevolutionary courting with the flora and fauna. This courting is tested in 3 huge varieties of societies; hunter--gatherers, agriculturalists, and smooth marketplace economies. A growing to be physique of clinical facts has made it transparent that the present human impression at the surroundings is much above the extent that may be maintained with out inflicting profound adjustments within the biophysical global to which we belong. the hot fields of ecological economics and evolutionary economics will help us comprehend the connection among the economic system, society and the surroundings and should support us to formulate powerful rules to control those adjustments.
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Nor does this evaluation exclude the present precarious existence under the threat of nuclear annihilation and the population explosion. It is still an open question whether man will be able to survive the exceedingly complex and unstable ecological conditions he has created for himself If he fails in this task, interplanetary archaeologists of the future will classify our planet as one in which a very long and stable period of small-scale hunting and gathering was followed by an apparently instantaneous efflorescence of technology and society leading rapidly to extinction.
Most importantly for our long-run survival it means halting the precipitous decline in biodiversity that threatens the life support system for the human species. We must begin now to devise policies to smooth the transition from a growing to a shrinking economy. One of the most difficult obstacles to achieving sustainability is the problem ofthe redistribution of wealth and income in a non-growing or even shrinking economy. As the economic pie ceases to grow, policy makers will be forced to come to grips with long-neglected questions of unequal income distribution.
The general pattern of the disappearance of megafauna at the time of the end of the last ice age holds in South America (Harris 1978 p. 22) and in Australia (Flood 1990). In Australia humans and megafauna coexisted for at least 30,000 years. According to Flood (1990 p. 21) megafauna extinction was probably due to a variety of factors including climate change. As Harris argues, stress from hunting could have played a part after the large animals were reduced in population due to climate change. An appealing explanation is 11 coevolutionary disequilibrium..
Coevolutionary Economics: The Economy, Society and the Environment by John Gowdy