Any economics that does not deal forthrightly with economic inequality is no
longer suitable for the twenty-first century. Similarly, any economics which
does not provide a coherent way to integrate environmental sustainability into
economic analysis will fail to command allegiance in the century ahead. This
book demonstrates how the Sraffian framework provides important advantages in
both areas.
Divided into three chapters, Income Distribution and Environmental
Sustainability provides a rigorous exposition of Sraffian theory emphasizing
what it means for the economy to be productive, extends Sraffian theory to
address environmental sustainability, and adds a normative theory of income
distribution to Sraffa's positive theory. In Chapter 1, a rigorous version of
the