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 [0xc000d49470 0xc000d5c240 0xc000d8c0f0 0xc000feb2f0 0xc00102a0f0 0xc0012671a0 0xc00135a3f0 0xc001416f30 0xc001485380 0xc001503020 0xc00165ae40 0xc000bbafc0 0xc0001a4f90 0xc0001b2fc0 0xc00024cd50 0xc00024d7a0 0xc00024df20 0xc0003bb470 0xc0000f0750 0xc0000f0900 0xc00011a9f0 0xc0002a5bc0 0xc000326060 0xc00038c1b0 0xc00039e720 0xc00039f6b0 0xc0003b3410 0xc0003c69f0 0xc0003db710 0xc0003ede90 0xc0006d6d80 0xc000219da0 0xc0004d1d70 0xc000c50e10 0xc0002ec780 0xc00084de90 0xc00124a450 0xc000aca660 0xc001381ef0 0xc0007ef4d0 0xc0004af410 0xc000ad5fb0 0xc000bd0c90 0xc000ce2a80 0xc00179b470 0xc001ec6840 0xc00206ca20] 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