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Institutionalism, the corporation, and the climate crisis
The Anthropocene Review ( IF 2.8 ) Pub Date : 2024-03-07 , DOI: 10.1177/20530196241227641
Gregory Ferguson-Cradler 1
Affiliation  

The transition to a zero-emissions world entails vast political economic restructuring. How resources are mobilized, what sorts of technological infrastructures are constructed, who funds, controls and has claim to profits from investments contributing to the green transition will shape political economies for generations to come. This article suggests that early 20th-century American institutionalism and subsequent legal institutionalist literatures provide a valuable resource for energy transitions scholars and other social scientists, activists, and policy-makers of the energy transition. The article summarizes some of the major lines of thought in classical and legal institutionalism and briefly outlines three areas in which they can inform thinking about political economies of the Anthropocene. First, these literatures are generative of creative thinking on how business activity is organized and help overcome reductionist public-private dichotomies. Second, the history of institutionalist and progressive thought in the New Deal-era runs parallel, in revealing ways, to thinking based on environmental, social and governmental (ESG) principles in the present. Lastly, the article discusses radical proposals for transformation of private property and investment in the thought of institutionalist Adolf Berle relevant to simultaneously addressing both climate and inequality crises.

中文翻译:

制度主义、公司和气候危机

向零排放世界的过渡需要大规模的政治经济重组。如何调动资源,建设什么样的技术基础设施,谁资助、控制绿色转型投资并有权从有助于绿色转型的投资中获取利润,这些都将塑造子孙后代的政治经济。本文认为,20 世纪初的美国制度主义和随后的法律制度主义文献为能源转型学者和其他社会科学家、活动家和能源转型政策制定者提供了宝贵的资源。本文总结了古典制度主义和法律制度主义的一些主要思想路线,并简要概述了它们可以为人类世政治经济学思考提供信息的三个领域。首先,这些文献产生了关于如何组织商业活动的创造性思维,并有助于克服还原论的公私二分法。其次,新政时代的制度主义和进步思想的历史与当前基于环境、社会和政府(ESG)原则的思想在某种程度上是平行的。最后,本文讨论了制度主义者阿道夫·伯利(Adolf Berle)思想中关于私有财产和投资转型的激进建议,这些建议与同时解决气候和不平等危机相关。
更新日期:2024-03-07
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