MODULE 2: UNDERSTANDING
ECONOMIES
DYNAMICS AND PATTERNS OF
SOCIAL ECOLOGICAL SYSTEMS
Mon 5 Introduction to Systems Thinking + Film Discussion:
Oct
Inside Job (2010)
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Wed 7
Oct
Meadows, Donella, 1999. Leverage Points: Places to Intervene in a System,
Sustainability Institute.
Coghlan, Andy & MacKenzie, Debora, 2011. Revealed – the capitalist network
that runs the world in New Scientist
The Crisis of Credit Visualized (2011, 11min10). Available at:
http://www.youtube.com/watch?v=bx_LWm6_6tA
Hill, Rod & Myatt, Tony, 2010. Postscript: a case study on the global financial
meltdown, in The Economics Anti-textbook: A Critical Thinker’s Guide to
Microeconomics, pp. 256-263.
Froese, Robert, 2011. The Limits of Inside Job: Crisis, Ideology, and the
Burden of Capitalism, Studies in Political Economy, Vol. 88, pp. 59-75.
Global Common Resources –Managing Shared Properties
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‘Natural Capital’ in Adbusters. 2012. Meme Wars: The Creative Destruction of
Neoclassical Economics
Hardin, Garrett, 1968. The Tragedy of the Commons, Science, Vol. 162, pp.
1243-1248.
Felice, Flavio & Vatiero, Massimiliano, 2012. Elinor Ostrom and the solution to
the tragedy of the commons, (American Enterprise Institute, June 2012).
Elinor Ostrom: Prize Lecture, “Beyond Markets and States” (2009, 28min).
Available at: http://www.nobelprize.org/mediaplayer/index.php?id=1223
D'Alisa, Demaria and Kallis (eds.), 2014. Commons. Degrowth: A Vocabulary for
a New Era
Ostrom, E. 2009. A General Framework for Analyzing Sustainability of SocialEcological Systems in Sciencemag, Vol 325, no 5939, pp. 419-422
Course Book Chapter: CH 5 Take Back Property – Commoning, in GibsonGraham, J.K. et al., 2013. Take Back the Economy: An Ethical Guide for
Transforming Our Communities, pp. 113-140.
Mon 12 Global Finance, Global Institutions & the Crisis of Today
Oct
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Access Online: Understanding the Crisis
http://www.understandingthecrisis.net/
Ray, Michael, 2013. “Euro-zone debt crisis”, Encyclopædia Britannica online.
The European Debt Crisis Visualized (2014, 12min33). Available at:
https://www.youtube.com/watch?v=C8xAXJx9WJ8
Graeber, David, 2011. The Greek debt crisis in almost unimaginably long-term
historical perspective, in Vradis, A. & Dalakoglou, D. eds. Revolt and Crisis in
Greece: Between a present yet to pass and a future still to come, pp. 229-243.
Newstatesman.com,. 'Exclusive: Yanis Varoufakis Opens Up About His Five
Month Battle To Save Greece'. N.p., 2015. Web. 26 Aug. 2015.
Lipscy, Phillip Y. 2015. Who’s Afraid of the AIIB in Foreign Affairs.
Goodwin, Neva, Nelson, Julie A. & Harris, Jonathan, 2009. Chapter 10: Fiscal
Policy, in Macroeconomics in Context, pp. 234-249.
Wed 14 Debate I: Is Capitalism Sustainable?
Oct
Mon 19 International Trade: Theories and Practice
Oct • Daly, Herman & Farley, Joshua, 2004. Chapter 18: International Trade, in
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Ecological Economics: Principles and Applications, pp. 355- 367.
WTO website: “What is the WTO?”, “What we stand for”, “Mission
statement” and “The case for open trade”.
Clapp, Jennifer & Dauvergne, Peter, 2005. Chapter 5: Global Trade and the
Environment, in Paths to a Green World, pp. 119-145.
Story of Stuff (2008, 21min24). Available at:
http://www.youtube.com/watch?v=9GorqroigqM
Course Book Chapter: Ch 4 Take Back the Market – Encountering Others, in
Gibson-Graham, J.K. et al., 2013. Take Back the Economy: An Ethical Guide
for Transforming Our Communities, pp. 85-124.
Online data resources:
• The Global Resource Footprint of Nations
http://www.exiobase.eu/index.php/publications/creea-booklet/72-creeabooklet-high-resolution
• Others
Land Matrix http://landmatrix.org/en/
Free The World http://www.freetheworld.com/
World Bank http://data.worldbank.org/
Wed 21 Coping with Crisis: How do States Handle Crisis?
Oct
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United Nations, 2014. Overview. The Global Social Crisis. Report. Available at
http://www.un.org/esa/socdev/rwss/docs/2011/rwss2011.pdf, pp. 1-10
Mon Open Lecture Session (TBA)
26 Oct
Wed 28 Workshop 2: International Trade and Climate Change
Oct
Mon 2 China’s Development and Global Impacts
Nov
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Guthrie, Doug, 2009. Chapter 1: Globalization and the Economics of Radical
Change in China, in China and Globalization: the social, economic and political
transformation of Chinese society.
World Bank, 2013. China 2030: Building a Modern, Harmonious, and Creative
Society – Executive Summary.
Keyu Jin at LSE: China’s Role in the Global Economy: myths and realities
(2014, first 40min). Available at:
https://www.youtube.com/watch?v=Pmfy56FgI3s&feature=youtu.be
Liu, Jianguo & Matsler, Marissa, 2008. China’s Environment and Globalization:
Unexpected Connections.
Schuman, Michael, 2012. Can Asian-style Capitalism Save the West? (Business
Time online, March 2012).
Akugizibwe, Paula, 2012. The rise of ChinAfrica (Mail & Guardian online, July
2012).
Wed 4 Development Policy and Foreign Aid
Nov • Perkins, Dwight H. et al., 2013. Chapter 1: Patterns of Development, in
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Economics of Development, pp. 3-19.
UNICEF UK: What are the Millennium Development Goals (MDG)?
United Nations Development Program: Human Development Report 2014 –
Overview.
United Nations: The Millennium Development Goals Report 2014 – Overview.
Riddell, Roger C., 2007. Chapter 6: The Political and Commercial Dimensions
of Aid, in Does Foreign Aid Really Work? pp. 91-105.
Slavoj Zizek: First as a Tragedy, Then as a Farce (2010, 10min57). Available at:
http://www.youtube.com/watch?v=hpAMbpQ8J7g
Oxfam: Does aid work? (2010, 2min34). Available at:
http://www.youtube.com/watch?v=34N51yTyEbE)