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Erich Hoedl
Hoedl, Erich
Hoedl, ErichBoard of Trustees, WAAS; Visiting Researcher, Columbia University, New York; Vice-President, European Academy for Sciences and Arts |
Job Title
Board of Trustees, WAAS; Visiting Researcher, Columbia University, New York; Vice-President, European Academy for Sciences and Arts
Erich Hoedl is an Austrian with education in Economics and Mathematics in Paris and Vienna. He is a Visiting Researcher at Columbia University, New York, Professor in Economics in Germany and Austria, Rector at Wuppertal University and Graz University of Technology and Vice-President of European Academy for Sciences and Arts.
ARTICLES BY THIS AUTHOR
Reintegration of Capitals & Emerging Global Governance
( Global Governance & Law )
Reintegration of Capitals and Emerging Global Governance
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Abstract
Industrialism has produced enormous societal resources but its unequal distribution is largely responsible for widespread poverty. To make use of the societal wealth, the divorced financial, man-made, natural and human capitals have to be reintegrated, leading to more equitable global development. Such a transition is confronted with existing power structures and they must be questioned from a holistic...
SDGs: Do we need a Global Network of Implementation Models?
( Economic Theory ), ( New Economics ), ( Sustainable Development )
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The evolution toward a global human society depends on a variety of social movements. Parallelly, new societal paradigms emerge from time to time. The “Global Leadership for the 21st century” Project (GL21) is a catalytic initiative to create consciousness of high complexity of transformational processes. Implementation of SDGs will decisively be enhanced through creation of additional cryptocurrencies, which can be complemented through channelizing currently abundant...
Contribution of the Economy to Emerging Global Governance*
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Abstract
Accelerating globalization leads through its rapidly increasing interconnectivities to a highly interdependent global whole with different functional subsystems, which are currently divorced from each other. The economy is separated from the society and within the economy financial, man-made, natural and human capital are divorced from each other, which leads to crises. Preserving economic wealth needs a reintegration of all capitals. Global governance in...
The Future of Democracy: Challenges & Prospects
( New Paradigm ), ( Peace and Security ), ( Global Governance & Law )
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Abstract
Unprecedented speed, interconnectivity, complexity and uncertainty are impacting all spheres of global society today, presenting challenges that were not foreseen even a few years ago. The end of the Cold War was interpreted by many as the final victory for democracy and capitalism over authoritarian socialism. A quarter century after the sudden collapse of communism and the emergence of a new democratic consensus, liberal democracy itself is under threat....
Economy and Society: Strategies for a More Equal Distribution of Societal Power
( Economic Theory ), ( Education ), ( Employment ), ( Money & Finance ), ( Social Welfare ), ( New Economics ), ( Social Science )
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Abstract
Unequal distribution of societal power is to a large extent responsible for poverty, hunger, the destruction of nature, and inhuman living conditions. From the perspective of its redistribution, we distinguish three basic means of power: The ownership of material and immaterial properties, the kind of organisation and the values according to which properties and their organisation are handled. This framework permits us to identify crucial power structures...
European Transition into a Socio-ecological Market Economy
( Economy & Ecology ), ( New Economics )
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Abstract
The European Union has introduced the Europe 2020 Strategy and Horizon 2020, which contain several elements for a transition into a Socio-ecological Market Economy. But their implementations are mainly hampered by the unduly large financial sector and the political striving for high economic growth. A turn into low growth equilibrium needs a reduction of total capital inputs, which are composed of financial, man-made and natural capital. Whereas the reduction...