Ecosystems as Models for Restoring Our Economies, 2nd Edition

Emerging from the fields of ecological restoration and economics, this interdisciplinary book delivers a clear path to restoring our economies in a way that speaks well to industry groups and business owners, students and the general public, and to policy makers. There are proven relationships between ecology and economics. Giordanengo employs those relationships in an intriguing way and integrates them with global case studies to argue that redesigning economic systems according to ecological principles is necessary to balancing critical social, environmental, and economic goals. For example, he reveals how more obscure ecological principles and theories--succession, evolution, diversity-productivity curves, and so on--can inform the restructuring of economic systems that are resilient, productive, and regenerative.

A variety of students and practitioners have read the first edition, or attended John's seminars, only to remark "Why haven't we learned this in our traditional coursework?" or "This book brings so much clarity to the fields of sustainability and environmental sciences."

Traditional approaches to sustainability focus on the social, environmental, and economic pillars of an economy, while paying little attention to the foundation those pillars rest upon. A comprehensive focus on our economy's foundational components has been ignored for good reason; we have lacked an understanding of what they are or how they interact with one another. Cross-cutting research between ecological and economic systems reveals three foundational components (i.e., drivers) common to both systems. The effective management of these components is perhaps the most important obstacle to resolving current tensions between society, nature and the global market economy.

The scale at which diversity, energy and trade must be managed is also justified by self-regulating ecosystems such as jungles, prairies, and pine forests. That scale is not global, nor is it hyper local. The economic and ecological rationale agree that the scale of a sustainable economy--the natural geography of humans-- is regional. To the contrary, the attempt to manage our economy at a global scale has given rise to chronic social, environmental, and economic symptoms across earth. In highly developed countries such as the United States, these symptoms include flat real wages and productivity growth, a growing wealth gap, degraded environmental conditions, rising social unrest, and more.

The closing chapters outline a natural path for restoring our economies, illuminated by humanities shared experience in ecological restoration. The process of ecosystem recovery following disturbance (i.e., succession) is one such pathway. Unwittingly, developed nations such as the United States mange succession to concentrate wealth into fewer hands, while lowering the economy's productive capacity, net productivity, and resistance to future disturbances. Economic policies can also move the succession dial toward the productive and diverse center, where wealth and resources are recirculated quickly, new business opportunities are created, and resilience and resistance are fortified--a stout shield in the face of global economic turmoil.

For policymakers, consumers, and industry groups, this book explores root causes of the challenges you face, so that you may take deep correct actions to yield lasting change.

Giordanengo provides critique, but goes further, with clear steps that individuals, businesses, communities, and policymakers can take to start restoring our economies now. From agricultural restoration to regional manufacturing and energy systems, he outlines practical strategies and policy mechanisms for building regenerative economies. Students will find not just theoretical and systems knowledge, but applied economics, ecology, and conservation centered around actionable pathways.

Economic restoration is not only possible--it is our humanitarian duty.