Negative Revenue and Economic Degrowth

The objective of the author in this text is to defend the following working hypothesis: the increasing use, alteration and extraction of natural resources, and currency speculation, generate different revenues but involve the subtraction of non-renewable resources and, in addition, generate a magnif...

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Main Author: Cante Maldonado, Freddy Eduardo
Format: Online
Language:spa
Published: Universidad Pedagógica y Tecnológica de Colombia 2018
Subjects:
Online Access:https://revistas.uptc.edu.co/index.php/cenes/article/view/5910
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author Cante Maldonado, Freddy Eduardo
author_facet Cante Maldonado, Freddy Eduardo
author_sort Cante Maldonado, Freddy Eduardo
collection OJS
description The objective of the author in this text is to defend the following working hypothesis: the increasing use, alteration and extraction of natural resources, and currency speculation, generate different revenues but involve the subtraction of non-renewable resources and, in addition, generate a magnified and accelerated degradation of the environment, and produce social costs, so that revenues should be negative. The methodology used is to put forward a critical interpretation of the conventional concept of revenue and, based on heterodox and unconventional economic theories and someempirical evidence from secondary sources, to find a theoretical result, which consists of the negative revenue proposal. Specifically, the revenues from fossil fuels, gold, and money are discussed. Finally, some guidelines are shown on how negative revenue would work. The main implication of this study is that negative revenue leads to an economic policy oriented towards degrowth.
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spelling oai:oai.revistas.uptc.edu.co:article-59102022-06-17T21:34:39Z Negative Revenue and Economic Degrowth Renta negativa y decrecimiento económico Cante Maldonado, Freddy Eduardo bioeconomics extractivism entropy revenue interest degrowth incentives. bioeconomia extractivismo entropía renta interés decrecimiento incentivos. The objective of the author in this text is to defend the following working hypothesis: the increasing use, alteration and extraction of natural resources, and currency speculation, generate different revenues but involve the subtraction of non-renewable resources and, in addition, generate a magnified and accelerated degradation of the environment, and produce social costs, so that revenues should be negative. The methodology used is to put forward a critical interpretation of the conventional concept of revenue and, based on heterodox and unconventional economic theories and someempirical evidence from secondary sources, to find a theoretical result, which consists of the negative revenue proposal. Specifically, the revenues from fossil fuels, gold, and money are discussed. Finally, some guidelines are shown on how negative revenue would work. The main implication of this study is that negative revenue leads to an economic policy oriented towards degrowth. El objetivo del autor en este texto es la defensa de la siguiente hipótesis de trabajo: el creciente uso, alteración y extracción de recursos naturales, y la especulación monetaria, generan diversas rentas pero implican substracción de recursos no renovables y, además, generan una magnificada y acelerada degradación de la naturaleza, y producen costes sociales,  por lo que la rentas deberían ser negativas. La metodología empleada consiste en exponer una lectura crítica del concepto convencional de renta y, con base en teorías económicas heterodoxas y no convencionales, y alguna evidencia empírica tomada de fuentes secundarias, hallar un resultado teórico, el cual consiste en la propuesta de renta negativa. Concretamente se discuten las rentas de combustibles fósiles, del oro, y del dinero. Al final se muestran algunas pautas de cómo funcionaría la renta negativa. La principal implicación de este estudio es que la renta negativa conduce a una política económica orientada hacia el decrecimiento. Universidad Pedagógica y Tecnológica de Colombia 2018-02-06 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Peer reviewed Article application/pdf application/xml https://revistas.uptc.edu.co/index.php/cenes/article/view/5910 10.19053/01203053.v37.n65.2018.5910 Apuntes del Cenes; Vol. 37 No. 65 (2018); 53-74 Apuntes del Cenes; Vol. 37 Núm. 65 (2018); 53-74 2256-5779 0120-3053 spa https://revistas.uptc.edu.co/index.php/cenes/article/view/5910/6038 https://revistas.uptc.edu.co/index.php/cenes/article/view/5910/7984 Copyright (c) 2018 Freddy Eduardo Cante Maldonado http://creativecommons.org/licenses/by-nc-sa/4.0
spellingShingle bioeconomics
extractivism
entropy
revenue
interest
degrowth
incentives.
bioeconomia
extractivismo
entropía
renta
interés
decrecimiento
incentivos.
Cante Maldonado, Freddy Eduardo
Negative Revenue and Economic Degrowth
title Negative Revenue and Economic Degrowth
title_alt Renta negativa y decrecimiento económico
title_full Negative Revenue and Economic Degrowth
title_fullStr Negative Revenue and Economic Degrowth
title_full_unstemmed Negative Revenue and Economic Degrowth
title_short Negative Revenue and Economic Degrowth
title_sort negative revenue and economic degrowth
topic bioeconomics
extractivism
entropy
revenue
interest
degrowth
incentives.
bioeconomia
extractivismo
entropía
renta
interés
decrecimiento
incentivos.
topic_facet bioeconomics
extractivism
entropy
revenue
interest
degrowth
incentives.
bioeconomia
extractivismo
entropía
renta
interés
decrecimiento
incentivos.
url https://revistas.uptc.edu.co/index.php/cenes/article/view/5910
work_keys_str_mv AT cantemaldonadofreddyeduardo negativerevenueandeconomicdegrowth
AT cantemaldonadofreddyeduardo rentanegativaydecrecimientoeconomico