Core Thesis Scarcity is the main principle of traditional "Economics" and the mindset that follows is based on commodification of goods and services. However, emerging theories of ecological economics look to integrate earth's natural systems and human value into the definition.

The words “ecology” and “economy” come from the same root, the Greek oikos , meaning “home” or “household”: i.e., the systems of relationship, the goods and services that keep us alive. The system of market economies that we’re given as a default is hardly the only model out there. Anthropologists have observed and shared multiple cultural... See more