This is a challenging time to be an academic with an interest in
either the economy or the environment: we are being deluged with an
over-supply of bad news. From the evidence of accelerating climate
change to the increasingly desperate policies of OCyfiscal
stimulusOCO and OCyquantitative easingOCO it is difficult enough to
keep up with the jargon, never mind the policy. Academics tend to
spend their careers looking backwards, analysing what is already
safely established and categorized. The present crisis has deprived
us of that luxury. Now more than ever our insights and our
information are needed to save humanity from two interlinked crises
that threaten our future. We need urgent solutions and we need
co-operation: for this reason this issue includes contributions
from academics and from campaigners. Many have questioned whether
we have time to worry about the environment now that the financial
crisis has become so pressing. What we seek to make clear in this
special issue is that the two crises are in fact two aspects of the
same crisis. It is a crisis of overconsumption, of debt-fuelled
bingeing. It is a crisis of monetary-and-ecological debt; and of
what happens when that debt starts to be called in."
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