Paper topic: Explain why the climate crisis and related systemic disorders necessitate a new economic vision and road-map rather than just “greening business-as-usual”, and consider what other, if any, realistic alternatives there are. Critically discuss the business and management implications (for policy-makers, companies and business schools) of such a road-map comprising Raworth’s
Doughnut Economics and Embedded Economy framework, Rifkin’s Zero Marginal Cost Society and Green New Deal vision, Stacey’s Complex Responsive Process theory, and Ruimin’s transformed Haier business model. Critically evaluate, from a “critical political economy perspective” (Fleming & Jones, 2013), the challenges of gaining a mandate for and implementing such a road-map.
Finally, draw your own conclusions as to whether such a road-map has any realistic potential for remedying the triple bottom line’s failure to catalyse systemic change and the transformation of capitalism by “breakthrough change, disruption, asymmetric growth (with unsustainable sectors actively sidelined), and the scaling of next generation market solutions….spurring the regeneration of our economies, societies and biosphere” (Elkington, 2018).
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