Sustainable Economics: Panel Discussion on INET's Bretton Woods Conference (3 of 5)

The video discusses the concept of ecological economics, emphasizing the flawed nature of current economic constructs that ignore the physical realities of the environment. It highlights the importance of viewing the economy as a subsystem of the ecosphere and the need for sustainable practices. The speaker critiques neoliberal economics and stresses the significance of thermodynamics in understanding economic systems. The video also addresses the ecological footprint, the state of overshoot, and the necessity for global cooperation to achieve sustainability.

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