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Carbon Markets in a Climate-Changing Capitalism
The promise of harnessing market forces to combat climate change has been unsettled by low carbon prices, financial losses, and ongoing controversies in global carbon markets. And yet governments around the world remain committed to market-based solutions to bring down greenhouse gas emissions. This book discusses what went wrong with the marketisation of climate change and what this means for the future of action on climate change. The book explores the co-production of capitalism and climate change by developing new understandings of relationships between the appropriation, commodification and capitalisation of nature. The book reveals contradictions in carbon markets for addressing climate change as a socio-ecological, economic and political crisis, and points towards more targeted and democratic policies to combat climate change. This book will appeal to students, researchers, policy makers and campaigners who are interested in climate change and climate policy, and the political economy of capitalism and the environment.
From ‘Carbon Democracy’ to ‘Climate Democracy’?
What are the democratic requirements for effective climate action? how can ‘climate democracy’ be conceptualised? Liberal democracies emerged on the back of fossil fuels, creating what Tim Mitchell called ‘carbon democracy’. Three decades of climate policy have affirmed the controlling influence of fossil fuel interests. Runaway climate change now threatens the very foundations of social life. Today we face a very clear democratic question, of whether the fossil fuel sector has the right to determine the planet’s climate future. Achieving global energy transformation at the scope and scale needed requires a democratic transformation, to overcome the stranglehold. This book examines...
(Mis)managing Macroprudential Expectations
Using a range of calculative devices, (Mis)managing Macroprudential Expectations explores the methods used by central banks to predict and govern the tail risks that could impact financial stability. Through an in-depth case study, the book utilises empirically-informed theoretical analysis to capture these low-probability and high-impact events, and offers a novel conceptualisation of the role of risk modelling within the macroprudential policy agenda.
Challenging the Orthodoxy
Political economy focuses on issues that are fundamental to individual and collective well-being and rests on the proposition that economic phenomena do not occur in isolation from social and political processes. One leading Australian political economist is Frank Stilwell. Highlights of his work include concerns with the creation and use of wealth, inequalities between rich and poor, the spatial implications of economic growth, and the tensions between economic growth and the environment. Stilwell has been especially prominent in developing alternative economic policies, with seminal contributions to understanding the radical shift in Australian economic and social policies since the early 1980s. He has also been a leader in the teaching of political economy to many cohorts of first-year university students. This collection, spanning these themes, honours Stilwell’s contribution to Australian political economy after more than 40 years teaching at the University of Sydney. The book provides not only an opportunity to appreciate his contribution but also a greater understanding of these themes which remain of crucial contemporary relevance.
The Meddlers
While the birth of global economic governance is conventionally dated to the end of World War II, Jamie Martin shows how its roots lie in World War I and its aftermath. The Meddlers explores the intense political struggles about sovereignty and self-governance provoked by the first attempts to govern global capitalism.
Energy and Power
A novel exploration of the deeper political, economic, and geopolitical history behind Germany's daring campaign to restructure its energy system around green power. Since the 1990s, Germany has embarked on a daring campaign to restructure its energy system around renewable power, sparking a global revolution in solar and wind technology. But this pioneering energy transition has been plagued with problems. In Energy and Power, Stephen G. Gross explains the deeper origins of the Energiewende--Germany's transition to green energy--and offers the first comprehensive history of German energy and climate policy from World War II to the present. The book follows the Federal Republic as it passed ...
The Oldest Trick in the Book
This book investigates the normalisation of blame-shifting within ideological discourse as a broad feature of history, working from Churchill’s truism that history is written by the victors. To that end, it explores historical episodes of political persecution carried out under cover of moral panic, highlighting the process of ‘Othering’ common to each and theorising a historical model of panic-driven scapegoating from the results. Building this model from case studies in witch panic, communist panic and terrorist panic respectively, The Oldest Trick in the Book builds an argument that features common to each case study reflect broader historical patterning consistent with Churchill’s maxim. On this basis it argues that the periodic construction of bogeymen or ‘folk demons’ is a useful device for enabling the kind of victim-playing and victim-blaming critical to protecting elite privilege during periods of crisis and that in being a recurring theme historically, panic-driven scapegoating retains great ongoing value to the privileged and powerful, and thus conspicuously remains an ongoing feature of world politics.
The Viral Politics of Covid-19
This book critically examines the COVID-19 pandemic and its legal and biological governance using a multidisciplinary approach. The perspectives reflected in this volume investigate the imbrications between technosphere and biosphere at social, economic, and political levels. The biolegal dimensions of our evolving understanding of “home” are analysed as the common thread linking the problem of zoonotic diseases and planetary health with that of geopolitics, biosecurity, bioeconomics and biophilosophies of the plant-animal-human interface. In doing so, the contributions collectively highlight the complexities, challenges, and opportunities for humanity, opening new perspectives on how to inhabit our shared planet. This volume will broadly appeal to scholars and students in anthropology, cultural and media studies, history, philosophy, political science and public health, sociology and science and technology studies.
How Labour Built Neoliberalism
Why do we always assume it was the New Right that was at the centre of constructing neoliberalism? How might corporatism have advanced neoliberalism? And, more controversially, were the trade unions only victims of neoliberal change, or did they play a more contradictory role? In How Labour Built Neoliberalism, Elizabeth Humphrys examines the role of the Labor Party and trade unions in constructing neoliberalism in Australia, and the implications of this for understanding neoliberalism’s global advance. These questions are central to understanding the present condition of the labour movement and its prospects for the future.
