Economics
  • ISSN: 2155-7950
  • Journal of Business and Economics

The Role of Cooperatives in Mitigating the Effects of the Eco-Climate Crisis

Panagiota Vathi-Sarava, T. Nikolopoulos   

(Department of Tourism Management, University of Patras, Greece)


Abstract: In the context of this paper, the climate crisis will be treated first as a facet of the overall systemic biosphere crisis and second as a multiplier of existing crises, which are independent of each other, but which unfold in synergy, evolving together in interdependence.

In such a context, the report refers, at the first level, to the characteristics and causes of the ecological and climate crisis. Then, the dominant logic that runs through the “green” deal currently promoted by the EU, will be explored to address this crisis. This logic only prolongs ineffective symptomatic “treatments”, while leading, in the long run, to the reproduction of the same vicious circles that nurtured the growing crisis. We propose as a solution a Copernican revolution in our mindsets, which will allow us to see in a different light the ways of dealing with the consequences of the ecological climate crisis. This will mark a “tipping point” — a paradigm shift in a post-growth direction where the institutions of the social and solidarity economy (SSE), being exemplary, are called upon to provide a transformative contribution. Among these institutions, the cooperatives, which are governed by SSE’s constituent principles, express a mild and “bottom-up” local and democratic economic activity, based on an economy of needs and not sizes.

Through a multidisciplinary and multifaceted literature approach, this paper seeks to highlight the role of the SSE and, in particular, of cooperatives in mitigating the effects of the eco-climate crisis and in formulating feasible proposals and solutions.

Key words: eco-climatic crisis, green economy, cooperatives economy of needs

JEL codes: Q56






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