DEFINITION of 'Eco-Communalism'

An economic/environmental philosophy focused upon local economies, sustainability and self-sufficiency. Eco-communalism is centered upon the belief that many self-sufficient local economies connected to one another will be a greater benefit to society as a whole than a centralized capitalistic one. The primary principles of eco-communalism include green economics, biodiversity and decentralization of government.

BREAKING DOWN 'Eco-Communalism'

Eco-communalists believe that the goodness of society is the key to creating a world that is less reliant on capitalistic traits and more concerned with the common good. In this vain eco-communalism is often closely associated with the ideals of eco-socialism, which is focused on moving towards a more socialist mandate and away from the materialism of modern capitalism.

  1. Capitalism

  2. Socialism

  3. Classical Economics

  4. Invisible Hand

  5. Free Enterprise

  6. Zero-Sum Game

Related Articles
  1. Economics

    The Uncertainty Of Economics: Exploring The Dismal Science

  2. Economics

    The History Of Economic Thought

  3. Personal Finance

    The History Of Capitalism: From Feudalism To Wall Street

    Find out how the economic system we now use was created.
  4. Options & Futures

    Explaining The World Through Macroeconomic Analysis

  5. Economics

    Is a Recession Coming?

  6. Investing Basics

    Tuesday Intel: U.S. Stocks Continue Lower

    A summary of news that moved markets yesterday and what to expect today.
  7. Entrepreneurship

    The Unintended Consequences of Outsourcing

    The outsourcing of labor overseas is a natural result of globalization of world markets and the drive for businesses to cut costs in order to maximize profits.
  8. Economics

    A Look at Greece’s Messy Fiscal Policy

  9. Economics

    The Top 9 Things to Know About Hillary Clinton's Economic View

  10. Economics

    Is Argentina a Socialist Country?

  1. Is Argentina a developed country?

  2. Is Brazil a developed country?

  3. What is the difference between marginal utility and marginal value?

    Depending on the context, marginal utility and marginal value can describe the same thing. The key word for each is "marginal," ... Read Full Answer >>
  4. In economics, what is an index number?

    Economists often make comparisons between sets of data across time. For example, a macroeconomist might want to measure changes ... Read Full Answer >>
  5. What role does the agency problem play in the modern Health Care industry?



You May Also Like

Hot Definitions
  1. Stock Market Crash

  2. Financial Crisis

  3. Election Period

  4. Shanghai Stock Exchange

  5. Dead Cat Bounce

  6. Bear Market

Trading Center

You are using adblocking software

so you'll never miss a feature!