Moral economy, foundational economy and decarbonisation

Sayer, Andrew (2019) Moral economy, foundational economy and decarbonisation. Renewal: A Journal of Social Democracy, 27 (2). pp. 40-46. ISSN 0968-252X

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Abstract

Political economy has become divorced from normative political theory, resulting in an uncritical economic science and a political philosophy that has little critical purchase on actually existing economicpractices. The Foundational Economy Collective works within a framework of moral economy and uses the concepts of capabilities and use-value to radically reorient our conception of how our economy – or economies – should work.