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Keywords = hyper-capitalism

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20 pages, 2078 KB  
Article
Valuing Urban Green Spaces: A Decade of Access and Residents’ Willingness to Pay in Shanghai
by Huilin Liang, Lin Zhu, Hao Liu, Qi Yan and Yuqi Gu
Land 2025, 14(9), 1835; https://doi.org/10.3390/land14091835 - 8 Sep 2025
Viewed by 426
Abstract
This study aims to investigate residents’ marginal willingness to pay (WTP) for accessible urban green spaces (UGSs) in Shanghai from 2012 to 2021, using a comprehensive UGS accessibility (UGSA) indicator based on an improved nSFCA method. The UGSA indicator is incorporated into a [...] Read more.
This study aims to investigate residents’ marginal willingness to pay (WTP) for accessible urban green spaces (UGSs) in Shanghai from 2012 to 2021, using a comprehensive UGS accessibility (UGSA) indicator based on an improved nSFCA method. The UGSA indicator is incorporated into a hedonic pricing model, and multiple global regressions with multilevel data structures are employed to identify a suitable and accurate estimation strategy to determine the impact of UGSA on housing prices. The results show that WTP for UGSA varies significantly across categories and years, as well as between homebuyers and renters, with homebuyers having a much higher WTP compared to renters. Furthermore, neighborhood UGSA is generally more preferred than utmost UGSA. By differentiating UGSA into “neighborhood” and “utmost” levels and conducting a decade-long longitudinal analysis of both homebuyers and renters, this study contributes to two key academic debates: the spatial scaling of amenity valuation and the role of property rights in the capitalization of public goods. Employing a robust spatial econometric framework, our research provides novel insights into these complex dynamics within a hyper-dense urban context. The research contributes to the understanding of the economic value of UGSA by providing valuable insights for urban planning, policy-making, and real estate development, highlighting the importance of considering the spatial, temporal, and heterogeneous aspects of UGSA when estimating its economic value. Full article
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26 pages, 5479 KB  
Article
A Bibliometric Analysis of the Research on Electromobility and Its Implications for Kuwait
by Hidab Hamwi, Andri Ottesen, Rajeev Alasseri and Sara Aldei
World Electr. Veh. J. 2025, 16(8), 458; https://doi.org/10.3390/wevj16080458 - 11 Aug 2025
Viewed by 533
Abstract
This article examines the evolution of the most extensively researched subjects in e-mobility during the previous two decades. The objective of this analysis is to identify the lessons that the State of Kuwait, which is falling behind other nations in terms of e-mobility, [...] Read more.
This article examines the evolution of the most extensively researched subjects in e-mobility during the previous two decades. The objective of this analysis is to identify the lessons that the State of Kuwait, which is falling behind other nations in terms of e-mobility, can learn from in its efforts to adopt electric vehicles (EVs). To strengthen the body of knowledge and determine the most effective and efficient route to an “EV-ready” nation, the authors compiled data on the latest developments in the EV industry. A bibliometric analysis was performed on 3962 articles using VOSviewer software, which identified six noteworthy clusters that warranted further discussion. Additionally, we examined the sequential progression of these clusters as follows: (1) the environmental ramifications of electric mobility; (2) advancements in EV technology, including range extension and soundless engines, as well as the capital expenditure (CAPEX) and operating expenditure (OPEX) of purchasing and operating EVs; (3) concerns regarding the effectiveness and durability of EV batteries; (4) the availability of EV charging stations and grid integration; (5) charging time; and, finally, (6) the origin and source of the energy used in the development of e-mobility. Delineating critical aspects in the development of e-mobility can help to equip policymakers and decision makers in Kuwait in formulating timely and economical choices pertaining to sustainable transportation. This study contributes by cross-walking six global bibliometric clusters to Kuwait’s ten EV adoption barriers and mapping each to actionable policy levers, linking evidence to deployment guidance for an emerging market grid. Unlike prior bibliometric overviews, our analysis is Kuwait-specific and heat-contextual, and it reports each cluster’s size and recency to show where the field is moving. Using Kuwait driving logs, we found that summer (avg 43.2 °C) reduced the effective full-charge range by 24% versus pre-winter (approximately 244 km vs. 321 km), underscoring the need for shaded PV-coupled hyper-hubs and active thermal management. Full article
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29 pages, 3274 KB  
Article
Financial Fragility and Public Social Spending: Unraveling the Endogenous Nexus
by Dionysios Kyriakopoulos, John Yfantopoulos and Theodoros Stamatopoulos
J. Risk Financial Manag. 2024, 17(6), 235; https://doi.org/10.3390/jrfm17060235 - 5 Jun 2024
Cited by 1 | Viewed by 1765
Abstract
This article provides both stylized facts and estimations of the endogenous nexus of the financial fragility hypothesis (FFH) with public social spending (PSS) for a paradigmatic Eurozone member country. The sample period 1995–2022 includes three major economic crises, the global financial crisis 2007–2009, [...] Read more.
This article provides both stylized facts and estimations of the endogenous nexus of the financial fragility hypothesis (FFH) with public social spending (PSS) for a paradigmatic Eurozone member country. The sample period 1995–2022 includes three major economic crises, the global financial crisis 2007–2009, the European debt crisis 2010–2015 and the COVID-19 pandemic one in 2020–2022. Within the context of the financialization literature, this paper is founded, for the first time, as far as we know, on the “financial fragility hypothesis”, combining the effects of both Minsky’s “financial instability”, as it has been extended for open economies, and the “Eurozone fragility one”. Similar to the relevant literature, the findings show that the PSS is associated, in a long-term steady state (cointegration), with the financial fragility process, starting, firstly, from the hedge-financing structure with high profitability of firms, when PSS decreases; secondly, to hyper-speculative financing with risky options, supported by bank credit and openness, indebtedness or discretionary fiscal policy, when PSS rises; thirdly, to the hyper-speculative or even Ponzi financing structures with over-indebtedness (leverage) from the global capital market, inflated asset prices and internationalized fragility, when PSS also rises, and so on. Our conclusion validates Minsky’s famous saying, “stability breeds instability”, also in the architecturally incomplete Eurozone. Policy implications are straightforward and discussed. Full article
(This article belongs to the Special Issue Featured Papers in Mathematics and Finance)
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13 pages, 226 KB  
Article
Is There a Place for Pantheism in (Post-)Christian Ecofeminist Reconstruction of the God/Goddess–World Relationship
by Nadja Furlan Štante
Religions 2024, 15(1), 32; https://doi.org/10.3390/rel15010032 - 25 Dec 2023
Viewed by 2257
Abstract
This paper is an attempt to consider an alternative pluralist pantheism (Mary Jane Rubenstein) as the next step in the evolution of interpersonal, interspecies, and God–human–nature relationships and its possible realisation in (post-)Christian ecofeminism and its epistemology. It follows the methodology and epistemology [...] Read more.
This paper is an attempt to consider an alternative pluralist pantheism (Mary Jane Rubenstein) as the next step in the evolution of interpersonal, interspecies, and God–human–nature relationships and its possible realisation in (post-)Christian ecofeminism and its epistemology. It follows the methodology and epistemology of theological ecofeminism, which assumes that the oppression of women and the exploitation of nature stem from the same constellation of phenomena: patriarchal domination, dualistic anthropologies, and global hypercapitalism. Recognising that pantheism is a very complex phenomenon and should not be viewed as a single codified viewpoint, but rather as a diverse family of different doctrines, this paper understands pantheism primarily as the paradigm that asserts that everything is part of a divine unity consisting of an all-encompassing, manifested deity or God/Goddess. The paper first explains the pan-en-theistic turn in Christian ecofeminism as a tool for deconstructing the dominant Cartesian dualistic binaries and their symbolism and metanarratives, and as the first “safe” phase of transition from Christian anthropocentrism. From this standpoint, Grace M. Jantzen’s defense of pantheism as an alternative to transcendental theism is further explored as she argues that divinity is found “in” the physical and material world and nowhere else. The paper then moves to the second phase, proposed in the final part of the paper, on the possibility of the theoretical adoption of pluralist pantheism in (post-)Christian ecofeminist ecotheology. Here, the question of the “fear and horror of pantheism” in Western thought is discussed. Full article
(This article belongs to the Special Issue Religion, Science and Technology in Pantheism, Animism and Paganism)
12 pages, 269 KB  
Essay
A Solarpunk Manifesto: Turning Imaginary into Reality
by William Joseph Gillam
Philosophies 2023, 8(4), 73; https://doi.org/10.3390/philosophies8040073 - 10 Aug 2023
Cited by 2 | Viewed by 14982
Abstract
In the last century, science fiction has become an incredibly powerful tool in depicting alternative social imaginaries, particularly those of the future. Extending beyond their fictious nature is a commentary on the stark realities of modern society. The ‘cyberpunk’ subgenre, for example, offers [...] Read more.
In the last century, science fiction has become an incredibly powerful tool in depicting alternative social imaginaries, particularly those of the future. Extending beyond their fictious nature is a commentary on the stark realities of modern society. The ‘cyberpunk’ subgenre, for example, offers a dystopian critique on the dangers of technological dependence and hypercapitalism. In studying science fiction, future imaginaries can be developed as utopian goals for governance systems to strive for. In contrast to cyberpunk, the subgenre of ‘solarpunk’ depicts a utopian society where humanity lives locally, sustainably, and in harmony with nature. This paper deconstructs solarpunk media to describe three guiding principles of solarpunk: anarchism, ecology, and justice. As an anarchist community, solarpunk strives for a post-scarcity, post-capitalist society devoid of hierarchy and domination. As an ecological community, solarpunk strives for local, self-sufficient, and sustainable living where both the human and non-human flourish. Finally, as a just community, solarpunk strives to rid society of marginalization and celebrate authenticity. These three principles can be used to guide humanity towards a utopian, solarpunk future. Full article
(This article belongs to the Special Issue Imagining Anarchist Futures: Possibilities and Potentials)
15 pages, 934 KB  
Article
A Tale of Two Audiences: Formative Research and Campaign Development for Two Different Latino Audiences, to Improve COVID-19 Prevention Behavior
by Dianna Bonilla Altera, Imani Cabassa and Genevieve Martinez-Garcia
Healthcare 2023, 11(13), 1819; https://doi.org/10.3390/healthcare11131819 - 21 Jun 2023
Cited by 3 | Viewed by 1773
Abstract
The COVID-19 pandemic disproportionately affected the Latino population in the United States, further exacerbating the existing racial and ethnic health disparities that this group faces. While government health entities rushed to develop COVID-19 prevention educational materials in Spanish, these failed to recognize the [...] Read more.
The COVID-19 pandemic disproportionately affected the Latino population in the United States, further exacerbating the existing racial and ethnic health disparities that this group faces. While government health entities rushed to develop COVID-19 prevention educational materials in Spanish, these failed to recognize the unique motivators and barriers that move different Latino audience segments to act. We conducted five online focus groups with two different Latino audience segments, general Latino people, and Latino migrant workers, to assess their experience navigating the pandemic, their engagement in preventive behavior, and their consumption of health news. While the general Latino audience had higher levels of social capital and established preventive healthcare, they were more skeptical about getting the COVID-19 vaccine. Migrant workers needed to be vaccinated to retain their jobs, and saw the vaccine as the only way to keep their families healthy. We used the focus group results to develop two different creative concepts that aligned with each audience’s unique experience. Our study highlights the importance of developing hyper-focused messages, responsive to the experience of distinct audience segments, for maximum impact. Full article
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19 pages, 666 KB  
Communication
Leveraging Responsible, Explainable, and Local Artificial Intelligence Solutions for Clinical Public Health in the Global South
by Jude Dzevela Kong, Ugochukwu Ejike Akpudo, Jake Okechukwu Effoduh and Nicola Luigi Bragazzi
Healthcare 2023, 11(4), 457; https://doi.org/10.3390/healthcare11040457 - 4 Feb 2023
Cited by 14 | Viewed by 5275
Abstract
In the present paper, we will explore how artificial intelligence (AI) and big data analytics (BDA) can help address clinical public and global health needs in the Global South, leveraging and capitalizing on our experience with the “Africa-Canada Artificial Intelligence and Data Innovation [...] Read more.
In the present paper, we will explore how artificial intelligence (AI) and big data analytics (BDA) can help address clinical public and global health needs in the Global South, leveraging and capitalizing on our experience with the “Africa-Canada Artificial Intelligence and Data Innovation Consortium” (ACADIC) Project in the Global South, and focusing on the ethical and regulatory challenges we had to face. “Clinical public health” can be defined as an interdisciplinary field, at the intersection of clinical medicine and public health, whilst “clinical global health” is the practice of clinical public health with a special focus on health issue management in resource-limited settings and contexts, including the Global South. As such, clinical public and global health represent vital approaches, instrumental in (i) applying a community/population perspective to clinical practice as well as a clinical lens to community/population health, (ii) identifying health needs both at the individual and community/population levels, (iii) systematically addressing the determinants of health, including the social and structural ones, (iv) reaching the goals of population’s health and well-being, especially of socially vulnerable, underserved communities, (v) better coordinating and integrating the delivery of healthcare provisions, (vi) strengthening health promotion, health protection, and health equity, and (vii) closing gender inequality and other (ethnic and socio-economic) disparities and gaps. Clinical public and global health are called to respond to the more pressing healthcare needs and challenges of our contemporary society, for which AI and BDA can help unlock new options and perspectives. In the aftermath of the still ongoing COVID-19 pandemic, the future trend of AI and BDA in the healthcare field will be devoted to building a more healthy, resilient society, able to face several challenges arising from globally networked hyper-risks, including ageing, multimorbidity, chronic disease accumulation, and climate change. Full article
(This article belongs to the Section Health Assessments)
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15 pages, 608 KB  
Review
About Capital and Ideology by Thomas Piketty
by Jinhyo Joseph Yun
J. Open Innov. Technol. Mark. Complex. 2022, 8(2), 76; https://doi.org/10.3390/joitmc8020076 - 24 Apr 2022
Cited by 1 | Viewed by 6195
Abstract
This study reviews Thomas Piketty’s Capital and Ideology and provides a detailed analysis to aid understanding of the book, combined with diverse scholars’ perspectives in the fields of economic history, political economics, and social sciences. This book is selected as my review target [...] Read more.
This study reviews Thomas Piketty’s Capital and Ideology and provides a detailed analysis to aid understanding of the book, combined with diverse scholars’ perspectives in the fields of economic history, political economics, and social sciences. This book is selected as my review target to answer the following research question, “How do we conquer the growth limits of capitalism?” This book gave me several ideas for the basis of my future research. In this review paper, I provide a guide for readers to understand ways to conquer the growth limits of capitalism. My study also provides a creative understanding of the evolution of the capitalist economy from new perspectives. In particular, it presents an analysis of Piketty’s diverse policy ideas from the viewpoint of a global history of capitalism. This will give a new lens through which to focus on understanding and resolving the inequalities of 21st-century hyper-capitalism and to construct policy for the current world economy. Finally, this study offers a causal loop model of Piketty’s findings and proposals, and suggests future research topics. Full article
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9 pages, 206 KB  
Article
Navigating Extinction: Zen Buddhism and Eco-Anarchism
by Kevin J. Holohan
Religions 2022, 13(1), 60; https://doi.org/10.3390/rel13010060 - 10 Jan 2022
Viewed by 4578
Abstract
What can esoteric knowledge and spiritual practices from the East teach us about the deep psychological roots of domination and hierarchy? In what ways have ancient Buddhist sages acted as anarchist exemplars and deep ecologists long before these traditions began in the West? [...] Read more.
What can esoteric knowledge and spiritual practices from the East teach us about the deep psychological roots of domination and hierarchy? In what ways have ancient Buddhist sages acted as anarchist exemplars and deep ecologists long before these traditions began in the West? How might these anarchistic spiritual traditions inform our approaches to work in education, expand our notions of community, help us navigate ecological collapse, and contribute to our efforts to sustain living systems and rekindle our connection to the myriad sentient inhabitants of the places we live beyond the reaches of capital and the State? This paper will examine the anti-doctrine doctrine of Zen Buddhism as a concrete and embodied system of thought and practice for seeing through the delusions of the ego and the psychological and cultural conditioning these delusions engender. What will also be acknowledged is the general lack of attention this spiritual tradition has given to the capitalistic, authoritarian, and anti-ecological systems that tap into and flow from these delusions. It will be argued that these experiential approaches to overcoming the tyranny of the ego have significant implications for loosening the grip of hierarchical thinking, capitalist hyper-consumption, centralized systems of obedience and command, and human destruction of the biosphere. Full article
(This article belongs to the Special Issue Buddhist Practice for the Crises That Face Us)
20 pages, 1435 KB  
Article
Tuning Deep Neural Networks for Predicting Energy Consumption in Arid Climate Based on Buildings Characteristics
by Amal A. Al-Shargabi, Abdulbasit Almhafdy, Dina M. Ibrahim, Manal Alghieth and Francisco Chiclana
Sustainability 2021, 13(22), 12442; https://doi.org/10.3390/su132212442 - 11 Nov 2021
Cited by 20 | Viewed by 3044
Abstract
The dramatic growth in the number of buildings worldwide has led to an increase interest in predicting energy consumption, especially for the case of residential buildings. As the heating and cooling system highly affect the operation cost of buildings; it is worth investigating [...] Read more.
The dramatic growth in the number of buildings worldwide has led to an increase interest in predicting energy consumption, especially for the case of residential buildings. As the heating and cooling system highly affect the operation cost of buildings; it is worth investigating the development of models to predict the heating and cooling loads of buildings. In contrast to the majority of the existing related studies, which are based on historical energy consumption data, this study considers building characteristics, such as area and floor height, to develop prediction models of heating and cooling loads. In particular, this study proposes deep neural networks models based on several hyper-parameters: the number of hidden layers, the number of neurons in each layer, and the learning algorithm. The tuned models are constructed using a dataset generated with the Integrated Environmental Solutions Virtual Environment (IESVE) simulation software for the city of Buraydah city, the capital of the Qassim region in Saudi Arabia. The Qassim region was selected because of its harsh arid climate of extremely cold winters and hot summers, which means that lot of energy is used up for cooling and heating of residential buildings. Through model tuning, optimal parameters of deep learning models are determined using the following performance measures: Mean Square Error (MSE), Root Mean Square Error (RMSE), Regression (R) values, and coefficient of determination (R2). The results obtained with the five-layer deep neural network model, with 20 neurons in each layer and the Levenberg–Marquardt algorithm, outperformed the results of the other models with a lower number of layers. This model achieved MSE of 0.0075, RMSE 0.087, R and R2 both as high as 0.99 in predicting the heating load and MSE of 0.245, RMSE of 0.495, R and R2 both as high as 0.99 in predicting the cooling load. As the developed prediction models were based on buildings characteristics, the outcomes of the research may be relevant to architects at the pre-design stage of heating and cooling energy-efficient buildings. Full article
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18 pages, 912 KB  
Article
Performance Analysis of RIS-Assisted FSO Communications over Fisher–Snedecor F Turbulence Channels
by Caslav Stefanovic, Máximo Morales-Céspedes and Ana García Armada
Appl. Sci. 2021, 11(21), 10149; https://doi.org/10.3390/app112110149 - 29 Oct 2021
Cited by 14 | Viewed by 3099
Abstract
The Fisher–Snedecor (F-S) F distribution has recently been introduced as a tractable turbulence-induced (TI) fading model that fits well with the experimental data. This paper provides a performance evaluation of a free-space optical (FSO) re-configurable intelligent surface (RIS)-assisted communications (ACs) link over the [...] Read more.
The Fisher–Snedecor (F-S) F distribution has recently been introduced as a tractable turbulence-induced (TI) fading model that fits well with the experimental data. This paper provides a performance evaluation of a free-space optical (FSO) re-configurable intelligent surface (RIS)-assisted communications (ACs) link over the F-S F TI fading channels, assuming the intensity modulation–direct detection (IM–DD) technique. In particular, novel and closed-form (C-F) analytical expressions for the probability density function (PDF) and cumulative distribution function (CDF) of the end-to-end signal-to-noise ratio (SNR) in terms of Gaussian hyper-geometric functions are efficiently derived. Capitalizing on the obtained results, novel C-F analytical expressions for the moment generating function (MMGF), outage probability (OP), average bit error rate (BER) and ergodic channel capacity (Cγ) of the FSO RIS-ACs system over the F-S F TI fading channels are provided and numerically evaluated under the various TI fading severity conditions. Furthermore, the second-order (S-O) statistical expressions for the level crossing rate (LCR) and average fade duration (AFD) are obtained and thoroughly examined for various FSO RIS-ACs system model parameters. Full article
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13 pages, 979 KB  
Review
Oxidatively Modified Proteins: Cause and Control of Diseases
by Ramona Clemen and Sander Bekeschus
Appl. Sci. 2020, 10(18), 6419; https://doi.org/10.3390/app10186419 - 15 Sep 2020
Cited by 14 | Viewed by 3174
Abstract
Proteins succumb to numerous post-translational modifications (PTMs). These relate to enzymatic or non-enzymatic reactions taking place in either the intracellular or extracellular compartment. While intracellular oxidative changes are mainly due to redox stress, extracellular PTMs may be induced in an inflammatory micro milieu [...] Read more.
Proteins succumb to numerous post-translational modifications (PTMs). These relate to enzymatic or non-enzymatic reactions taking place in either the intracellular or extracellular compartment. While intracellular oxidative changes are mainly due to redox stress, extracellular PTMs may be induced in an inflammatory micro milieu that is rich in reactive species. The increasing recognition of oxidative modifications as a causing agent or side-effect of pathophysiological states and diseases puts oxidative PTMS (oxPTMs) into the spotlight of inflammation research. Pathological hyper-modification of proteins can lead to accumulation, aggregation, cell stress, altered antigenic peptides, and damage-associated molecular pattern (DAMP)-like recognition by host immunity. Such processes are linked to cardiovascular disease and autoinflammation. At the same time, a detailed understanding of the mechanisms governing inflammatory responses to oxPTMs may capitalize on new therapeutic routes for enhancing adaptive immune responses as needed, for instance, in oncology. We here summarize some of the latest developments of oxPTMs in disease diagnosis and therapy. Potential target proteins and upcoming technologies, such as gas plasmas, are outlined for future research that may aid in identifying the molecular basis of immunogenic vs. tolerogenic oxPTMs. Full article
(This article belongs to the Special Issue Gas Plasma Technology in Biology and Medicine)
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16 pages, 258 KB  
Article
Weeping in the Face of Fortune: Eco-Alienation in the Niger-Delta Ecopoetics
by Abba A. Abba and Nkiru D. Onyemachi
Humanities 2020, 9(3), 54; https://doi.org/10.3390/h9030054 - 30 Jun 2020
Cited by 8 | Viewed by 6268
Abstract
Scholarship on Niger Delta ecopoetry has concentrated on the economic, socio-political and cultural implications of eco-degradation in the oil-rich Niger Delta region of the South-South in Nigeria, but falls short of addressing the trope of eco-alienation, the sense of separation between people and [...] Read more.
Scholarship on Niger Delta ecopoetry has concentrated on the economic, socio-political and cultural implications of eco-degradation in the oil-rich Niger Delta region of the South-South in Nigeria, but falls short of addressing the trope of eco-alienation, the sense of separation between people and nature, which seems to be a significant idea in Niger Delta ecopoetics. For sure, literary studies in particular and the Humanities at large have shown considerable interest in the concept of the Anthropocene and the resultant eco-alienation which has dominated contemporary global ecopoetics since the 18th century. In the age of the Anthropocene, human beings deploy their exceptional capabilities to alter nature and its essence, including the ecosystem, which invariably leads to eco-alienation, a sense of breach in the relationship between people and nature. For the Humanities, if this Anthropocentric positioning of humans has brought socio-economic advancement to humans, it has equally eroded human values. This paper thus attempts to show that the anthropocentric positioning of humans at the center of the universe, with its resultant hyper-capitalist greed, is the premise in the discussion of eco-alienation in Tanure Ojaide’s Delta Blues and Home Songs (1998) and Nnimmo Bassey’s We Thought It Was Oil but It Was Blood (2002). Arguing that both poetry collections articulate the feeling of disconnect between the inhabitants of the Niger Delta region and the oil wealth in their community, the paper strives to demonstrate that the Niger Delta indigenes, as a result, have been compelled to perceive the oil environment no longer as a source of improved life but as a metaphor for death. Relying on ecocritical discursive strategies, and seeking to further foreground the implication of the Anthropocene in the conception of eco-alienation, the paper demonstrates how poetry, as a humanistic discipline, lives up to its promise as a powerful medium for interrogating the trope of eco-estrangement both in contemporary Niger Delta ecopoetry and in global eco-discourse. Full article
13 pages, 649 KB  
Article
Impact of Population and Workforce Aging on Economic Growth: Case Study of Taiwan
by Wen-Hsin Huang, Yen-Ju Lin and Hsien-Feng Lee
Sustainability 2019, 11(22), 6301; https://doi.org/10.3390/su11226301 - 9 Nov 2019
Cited by 45 | Viewed by 16304
Abstract
Taiwan’s population is aging at a fast pace, and its aged society is expected to transition into a hyper-aged society within eight years. Population aging has been a matter of international concern; however, there remain differing views about its economic impact. Thus, this [...] Read more.
Taiwan’s population is aging at a fast pace, and its aged society is expected to transition into a hyper-aged society within eight years. Population aging has been a matter of international concern; however, there remain differing views about its economic impact. Thus, this study aims to examine the impact of population and workforce aging on Taiwan using quarterly data from 1981–2017. The empirical results demonstrate that an aging workforce has a significantly positive impact on the rate of economic growth. However, the old-age dependency ratio has a significantly negative effect on economic growth. The empirical findings indicate that human capital is essential for total factor productivity (TFP) growth and that workforce and population aging mainly impact productivity through TFP. Accounting for policy factors, increasing the supply of the eldercare workforce and foreign manpower contribute toward countering the negative impact of an aging population on national economic growth. Policies on retirement, pension systems, health care, and human capital accumulation that target the aged population are discussed, accompanied by policy suggestions. Full article
(This article belongs to the Special Issue Aging: Healthcare, Inequalities, Challenges and Trends)
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29 pages, 1425 KB  
Article
Universal Basic Income and Inclusive Capitalism: Consequences for Sustainability
by Ralph P. Hall, Robert Ashford, Nicholas A. Ashford and Johan Arango-Quiroga
Sustainability 2019, 11(16), 4481; https://doi.org/10.3390/su11164481 - 19 Aug 2019
Cited by 20 | Viewed by 24874
Abstract
Over the past forty years, income growth for the middle and lower classes has stagnated, while the economy (and with it, economic inequality) has grown significantly. Early automation, the decline of labor unions, changes in corporate taxation, the financialization and globalization of the [...] Read more.
Over the past forty years, income growth for the middle and lower classes has stagnated, while the economy (and with it, economic inequality) has grown significantly. Early automation, the decline of labor unions, changes in corporate taxation, the financialization and globalization of the economy, deindustrialization in the U.S. and many OECD countries, and trade have contributed to these trends. However, the transformative roles of more recent automation and digital technologies/artificial intelligence (AI) are now considered by many as additional and potentially more potent forces undermining the ability of workers to maintain their foothold in the economy. These drivers of change are intensifying the extent to which advancing technology imbedded in increasingly productive real capital is driving productivity. To compound the problem, many solutions presented by industrialized nations to environmental problems rely on hyper-efficient technologies, which if fully implemented, could further advance the displacement of well-paid job opportunities for many. While there are numerous ways to address economic inequality, there is growing interest in using some form of universal basic income (UBI) to enhance income and provide economic stability. However, these approaches rarely consider the potential environmental impact from the likely increase in aggregate demand for goods and services or consider ways to focus this demand on more sustainable forms of consumption. Based on the premise that the problems of income distribution and environmental sustainability must be addressed in an integrated and holistic way, this paper considers how a range of approaches to financing a UBI system, and a complementary market solution based on an ownership-broadening approach to inclusive capitalism, might advance or undermine strategies to improve environmental sustainability. Full article
(This article belongs to the Section Economic and Business Aspects of Sustainability)
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