{"title":"Biophilic Markets","authors":"Eric D. Beinhocker","doi":"10.1162/daed_a_01965","DOIUrl":null,"url":null,"abstract":"Abstract Markets must be made biophilic: that is, compatible with life flourishing on Earth. To do so, we must abandon prevailing notions of market efficiency and reconceive markets as social evolutionary systems embedded in nature. Such a reconception enables us to see that constraining markets within biophysical boundaries would not result in zero-sum trade-offs with the economy, but instead would drive market evolution to new forms of prosperity.","PeriodicalId":47980,"journal":{"name":"Daedalus","volume":"152 1","pages":"94-99"},"PeriodicalIF":2.1000,"publicationDate":"2023-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Daedalus","FirstCategoryId":"90","ListUrlMain":"https://doi.org/10.1162/daed_a_01965","RegionNum":3,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"0","JCRName":"HUMANITIES, MULTIDISCIPLINARY","Score":null,"Total":0}
引用次数: 1
Abstract
Abstract Markets must be made biophilic: that is, compatible with life flourishing on Earth. To do so, we must abandon prevailing notions of market efficiency and reconceive markets as social evolutionary systems embedded in nature. Such a reconception enables us to see that constraining markets within biophysical boundaries would not result in zero-sum trade-offs with the economy, but instead would drive market evolution to new forms of prosperity.
期刊介绍：
Daedalus was founded in 1955 as the Journal of the American Academy of Arts and Sciences. It draws on the enormous intellectual capacity of the American Academy, whose members are among the nation"s most prominent thinkers in the arts, sciences, and humanities. Each issue addresses a theme with authoritative essays on topics such as judicial independence, reflecting on the humanities, the global nuclear future, the challenge of mass incarceration, the future of news, the economy, the military, and race.
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