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Identifying an Emerging Paradigm: Towards Ecosocialism?

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The Political Economy of the Low-Carbon Transition

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Abstract

This chapter assembles evidence that a new paradigm is emerging in the niches and margins of the dominant system, offering examples of a post-carbon society and what we need to get there. It outlines debates on a degrowth economy and society, and how feasible it is. The following section examines the structural nature of socioeconomic inequality and how to reduce it before mapping out an ‘economy for the common good’, based on different social values and more democratic governance. Key principles finding expression in the emerging alternative are traced back to the utopian socialists of the nineteenth century. For this reason, it is being given the name of ‘ecosocialism’ by some analysts. The chapter ends with a scorecard assessing potential future outcomes from climate capitalism and ecosocialism.

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Kirby, P., O’Mahony, T. (2018). Identifying an Emerging Paradigm: Towards Ecosocialism?. In: The Political Economy of the Low-Carbon Transition. International Political Economy Series. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-62554-6_9

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