Achieving compatibility between economies and planetary boundaries poses a momentous challenge. It requires a fundamental restructuring of current industrial systems, with a dual focus on the creation and protection of green technologies and firms, as well as the redirection of workers and...

This paper explores whether the EU's new economic development model of "competitive sustainability" could serve as a role model for ecologically sustainable development models for advanced economies in general. To this end, we first discuss theoretically the interplay between "competitiveness"...

The goal of this paper is twofold: first, it assesses the current state of collaboration between institutionalist economics and the academic degrowth discourse on the topic of global inequalities. Since a systematic literature review of the current degrowth discourse shows that the level of such...

This short paper explains the theory of path dependence and clarifies its relation to concepts such as positive feedback or lock-in, arguing that path dependence is a core theoretical element of political economy in general, and institutional and evolutionary economics in particular. We first...

This short paper discusses the concept of "systemism", elaborates how it implicitly underpinned most seminal works of evolutionary-institutional economics, and explains how future research would benefit from making the systemist nature of evolutionary economics more explicit. More precisely, the...

At its core, the discussion on the micro-macro link in heterodox economics is concerned with the correct treatment of aggregates and aggregation in social theory. In this chapter we survey heterodox approaches to the micro-macro link with a focus on shared understandings and convictions that...