“Since Adam Smith, the concepts of Economy and Diseconomy coexist. Economy is all that is productive, accountable, comprehensible and transformable (in the last instance, into money), the Economy is solar, it is Yang. At the same time, the Diseconomy, which bears the intangible costs of productive cycles, has always been the immaterial side, incomprehensible and therefore, unaccountable to the economic process. The Diseconomy is lunar, it is Yin. However, if sun and moon coexist in our reality, with each holding their advantages and disadvantages, why shouldn't we explore the Diseconomy? Until now, we haven't done so because we haven't been able to make it tangible.
Clearly, if we focus on the productive cycle -and all types of industries generate diseconomies- within the scenario 'reality', we become overwhelmed with so many variables that we can only deal with resulting diseconomies as something abstract, of impossible accounting.
The truth is that over a period of seven hundred years we haven't altered our economic concepts and we are so accustomed to them that we no longer perceive that their applicability is possible only because we work with scenarios. Nevertheless, we can tangibilize a certain diseconomy when asking:'The value of this diseconomy in what scenario?' Parting from this simple question, we equate the tangibilization of our economic values to the diseconomic ones.”
In the Epiconomy and the Post-Covid19 World, Patrizia Tomasi-Bensik explores the foundation of a new Economy, where the environmental impact human beings have caused since the industrial revolution, is equated in an evolutionary economic framework, where waste is no longer a by-product of our progress.
What does the book Epiconomy and the Post-Covid19 World answer?
- What is a new economic model that considers the environment?
- What is the environmental GDP?
- How to calculate environmental impact financially?
- What is the best economic system that protects the environment?
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