Nature of Economies

Jacobs, Jane

Publisher: Vintage Canada, Toronto, Canada
Year First Published: {14333 Nature of Economies NATURE OF ECONOMIES Jacobs, Jane Vintage Canada Toronto Canada Jacobs argues that since human beings exist wholly within nature as part of natural order in every respect, we should look to the processes of nature for vibrant and flexible models of economic planning. 2000 2001 190pp $29.95 BC14333-NatureOfEconomies.jpg B Book 0-679-31096-7 HD75.6.J31 2001 330 In the aptly titled "The Nature of Economies," Jane Jacobs explains the parallels between laws of nature and laws of economics. Jacob's thesis and counter-arguments are presented in a discussion between five friends, each from a different academic background. They explore ideas surrounding the environment, social equality, sustainability, co-operation, economic collapse, fitness for survival and unpredictability. In an effort to facilitate sustainable development, workers have begun to create manufacturing processes that mimic nature, rather than control it. Jacobs argues that economists should emulate this technique and respect 'natural laws' that govern trade. Co-developments between sectors are important features of healthy economies and are more likely to emerge when economists adhere to these guidelines. Jacobs proposes that examining how developments coexist sheds light on why some economies thrive and others falter. The idea of import substitution is particularly central; this occurs when cities create local replacements for products that were previously imported. If the settlement contains no natural co-developments for these new systems, an individual business will not mesh with its surroundings and will likely fail. This book also examines the ways in which inequality and oppression weaken economies. Workers are likely to have great insights about how their work can be improved, but are often separated from the decision-making process. The author argues for equality based on both social and economic grounds. Fitness for survival is based upon having both the capacity to compete and breed and having a habitat in which to do so. In the past, efforts to predict the future have involved shaping it via expensive technology or solutions that rarely address the core issues. In contrast, Jacobs suggests that we simply 'make ourselves up as we go along' and surrender the idea that it is possible to accurately predict human nature. This book is humourous and accessible to anyone with an interest in economics, ecology and social equality. [abstract by Heather Skelton] Table of Contents Foreword Damn, Another Ecologist The Nature of Development The Nature of Expansion The Nature of Self-Refuelling Evading Collapse The Double Nature of Fitness for Survival Unpredictability Armbruster's Promise Epilogue Notes Acknowledgements Index CX7285 1 false true false CX7285.htm [0xc000dbf170 0xc000dbff20 0xc000e21d70 0xc00104ede0 0xc00107bb30 0xc0013b4810 0xc0013dfa40 0xc0014b43f0 0xc001520840 0xc0015a23c0 0xc001df6060 0xc0006e8f30 0xc00022f110 0xc0002430b0 0xc00022b890 0xc000246300 0xc000246a80 0xc000325e90 0xc000221590 0xc000221740 0xc00023f830 0xc00031e930 0xc000394cf0 0xc0003b6de0 0xc0003d12c0 0xc0003e2270 0xc0003e3f80 0xc0003f5470 0xc0004181b0 0xc000428870 0xc0001f62d0 0xc0003ac2d0 0xc0001dcd50 0xc0002d44e0 0xc0004dfb00 0xc000c58d80 0xc00013e780 0xc000dda5a0 0xc001347b00 0xc00094ede0 0xc00052d140 0xc000af58f0 0xc000b62570 0xc000cec1e0 0xc0017464b0 0xc001f41200 0xc00202d230] Cx}
Year Published: 2001
Pages: 190pp Price: $29.95 ISBN: 0-679-31096-7
Library of Congress Number: HD75.6.J31 2001 Dewey: 330
Resource Type: Book
Cx Number: CX7285

Jacobs argues that since human beings exist wholly within nature as part of natural order in every respect, we should look to the processes of nature for vibrant and flexible models of economic planning.

Abstract:
In the aptly titled "The Nature of Economies," Jane Jacobs explains the parallels between laws of nature and laws of economics. Jacob's thesis and counter-arguments are presented in a discussion between five friends, each from a different academic background. They explore ideas surrounding the environment, social equality, sustainability, co-operation, economic collapse, fitness for survival and unpredictability.

In an effort to facilitate sustainable development, workers have begun to create manufacturing processes that mimic nature, rather than control it. Jacobs argues that economists should emulate this technique and respect 'natural laws' that govern trade. Co-developments between sectors are important features of healthy economies and are more likely to emerge when economists adhere to these guidelines.

Jacobs proposes that examining how developments coexist sheds light on why some economies thrive and others falter. The idea of import substitution is particularly central; this occurs when cities create local replacements for products that were previously imported. If the settlement contains no natural co-developments for these new systems, an individual business will not mesh with its surroundings and will likely fail.

This book also examines the ways in which inequality and oppression weaken economies. Workers are likely to have great insights about how their work can be improved, but are often separated from the decision-making process. The author argues for equality based on both social and economic grounds.

Fitness for survival is based upon having both the capacity to compete and breed and having a habitat in which to do so. In the past, efforts to predict the future have involved shaping it via expensive technology or solutions that rarely address the core issues. In contrast, Jacobs suggests that we simply 'make ourselves up as we go along' and surrender the idea that it is possible to accurately predict human nature.

This book is humourous and accessible to anyone with an interest in economics, ecology and social equality.

[abstract by Heather Skelton]

Table of Contents

Foreword

Damn, Another Ecologist
The Nature of Development
The Nature of Expansion
The Nature of Self-Refuelling
Evading Collapse
The Double Nature of Fitness for Survival
Unpredictability
Armbruster's Promise

Epilogue
Notes
Acknowledgements
Index

Nature of Economies

Subject Headings