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Economic Thinking, Traditional Ecological Knowledge and Ethnoeconomics [Current Sociology]

Current Sociology
Year of publication: 

"One of the limitations of economic development - with its emphasis on unlimited growth - is that it is pursued without any considerations as to its implications on ecosystems. The prevailing economic theories treat the economic process from a purely mechanistic standpoint. Different ways exist, however, to deal with the choices that humans have to make with respect to the allocation of resources, the distribution of its returns and the fulfilment of purposes of material progress.

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by Dr. Radut