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This study aims to investigate the viewpoints of heterodox economic thoughts and Islamic economic thought concerning the concept of waste. Additionally, it explores the shared criticisms that both perspectives hold against mainstream economic thought in relation to waste.

First of all, the concept of waste is examined and the global effects of waste are investigated. Criticisms directed in the context of waste in mainstream economics in the context of heterodox school thoughts are examined. Likewise, criticisms directed in the context of waste in mainstream economics in the context of Islamic economic thoughts are examined. Finally, the common and different aspects of heterodox and Islamic economic thoughts were discussed, and the common criticisms of mainstream economic thought’s point of view toward waste were examined. This study is a theoretical, qualitative study.

Although both ideas have different aspects, heterodox and Islamic economic thoughts believe that the mainstream economy, which is based on capitalism and materialism, creates waste by ignoring the long-term social and environmental consequences of economic activity. They argue that the pursuit of profits and growth, without considering the impact on society and the environment, leads to an inefficient and unsustainable use of resources.

The best author’s knowledge, by emphasizing the common and different aspects of Islamic economics and heterodox thoughts, this study is the first to examine the concept of waste in the context of the common aspects of these ideas.

Starting with the premise that the industrial age has ended, the paper seeks to examine how the underlying principles of sustainability will guide the creation of new economic and educational paradigms.

The paper utilizes classical economics, the principles of sustainability, and social capital as its theoretical framework.

Based on the neoclassical economic concept of free‐market capitalism, it does not make economic sense to invest in economic, environmental, or social renewal. However, social and environmental indicators demonstrate that a neoclassical capitalist model simply is not sustainable. There is a need for a new paradigm for a sustainable future that is based on biological, living systems as opposed to mechanistic systems. The new paradigm will also rely on the principles of classical economics, civic and social responsibility for its foundation. Service‐learning, as an educational model that is intimately integrated with society, is poised to respond to the global transformations that are taking place. It is a responsive and responsible pedagogy that promotes the core values that will be essential for success in the future.

This paper provides guidance on how the principles of sustainability will affect future economic development and will inform education in the field of service‐learning.

This paper aims to contribute to entrepreneurship theorising by highlighting the salience of feminine caring positions in creating novel entrepreneurial roles and investigating how these roles contribute to community resilience. Using a critical feminist economics lens, alternative conceptualisations of the economy are expanded upon to reveal how an economic externality influences entrepreneurial discourse, gender roles and community resilience.

In this interpretive approach, empirical evidence is drawn from six months of intensive ethnographic research with 20 tourism handicraft micro-entrepreneurs in Crete and Epirus, Greece, in 2012 and hence in the context of a macroeconomic crisis. Ethnographic interviewing and participant observation are used as the methods to achieve the research objectives.

Thematic analysis is used to investigate how gender roles and entrepreneurial roles interact and how this interaction influences community resilience to an economic crisis. Using the critical theory to critique neoclassical economics interpretations of entrepreneurship, it becomes evident that politico-economic structures perpetuating feminised responsibility for social reproduction configure feminine entrepreneurial roles, and these roles have a positive effect on increasing community resilience. By conceptualising entrepreneurial involvement as being primarily for community gain, participants highlight how feminine entrepreneurial discourse differs from the neoclassical economics entrepreneurial discourse of entrepreneurial involvement being primarily for individual gain.

This paper contributes to theoretical advancements on the role of gender in entrepreneurship and community resilience by investigating the entrepreneurs’ gendered responses to an exogenous shock. Providing insight into the role gender has in entrepreneurial adaptation and sustainable business practices means that new policies to combat social exclusion and promote rural development can be formulated.

The theoretical interplay between gender and entrepreneurship is investigated from a novel angle, that of critical feminist economics. The relationship between feminised interpretations of entrepreneurship and community resilience is brought to light, providing a unique insight into entrepreneurial resilience.

In his economic writings John Paul II asserts the importance of placing the human person at the center of deliberations concerning the economy. Neoclassical economists show that free trade enhances the efficiency of society. However, a byproduct of free trade is greater competition, as countries and firms adjust to the introduction of new products and processes of production, made possible through technological innovation. Neoclassical economists assume that workers will move to where new jobs develop. In many cases, however, this means that they impose burdens on their family and become more distant from friends. Each human person establishes bonds with other persons; through such family bonds of friendship a person becomes more human. This essay explores the tension between greater productive efficiency and a desire to maintain and enhance friendships. Never merely objective analysts, neoclassical economists have strong convictions concerning dynamic efficiency, while consumers have convictions about friendship. These two sets of convictions have to be reconciled. In order for policy makers to assess the true costs of free trade, mobility measures must be developed, and the neoclassical model must be modified to incorporate geographical stability as a significant factor for consumers.

Although political economy of the Islamic system is as old as the Quran, the renewed interest in the study of Islamic Political Economy (IPE) among the muslim and non‐muslim scholars is of comparatively recent origin. As an emerging discipline and operational system, IPE needs to demarcate clearly its methodological boundary. What is the ontology of IPE? What is its scope and subject matter? These are some of the questions which are briefly addressed in this paper.

The article makes a comprehensive study of the development of social economic thought in the history of economic doctrines. Traces of social economic development are dated back to the Physiocrats and moral philosophers and reference is made to the early Arab works in the developments of these social economic doctrines. The social economic thought in the classical school of economic theory is critically studied. It is shown that with the advancement of economic theory in the hands of the neoclassical school and its latter‐day developments social economic doctrines receded from mainstream economics. The contemporary social economists in North America have fallen into the trap of these neoclassical approaches applied to the study of social economic phenomena. The article also shows that similar neoclassical and ethically neutral traces continue in the works of the mixed economy theorists, institutionalists, macroeconomists, monetarists, rational expectations hypothesists, public and social choice theorists of all types. Thus, the whole gamut of mainstream economics is shown to be trapped in an epistemological and methodological quandary as to how ethical phenomena are to be treated rationally in the framework of economic theory.

Explains the exogenous and endogenous types of relationships between ethics and economics in neoclassical and non‐neoclassical framework. Studies market consequentialism, deontological preferences and polity‐market (ecology) interactions in recent developments in economic theory and political philosophy. A review of literature is covered. From these studies, bordering ethics and economics, is evolved the contrasting methodology and world view of an endogenous theory underlying the interface between ethics and economics. The underlying principle of ethical endogeneity of this new paradigm is treated with an institution‐economy interface by addressing the issue of sustainability. A simple mathematical formulation is done to show how ethics can be methodologically endogenized in a scientific framework for theory, policy development and institutionalism. Examines Canada′s Green Plan in light of the exogenous and endogenous ethical relationships. The critique is developed and ethico‐economic policy‐theory alternatives are proposed.

The exogenous and endogenous types of relationships between ethics and economics are explained in neoclassical and non‐neoclassical frameworks. Market consequentialism, deontological preferences and polity‐market (ecology) interactions are brought out to configure the theoretical perspectives of the endogenous theory underlying the interface between ethics and economics. The principle of ethical endeogeneity is treated in an institution‐economy interface by addressing the issue of sustainability. In this respect a simple mathematical formulation is done to show how ethics can be endogenized in a scientific framework for theory, policy development and institutionalism. Critically examines Canada′s Green Plan in light of the exogenous and endogenous ethical relationships. Develops the critique and proposes ethico‐economic policy‐theoretic alternatives.

This chapter is a radical critique of the neoclassical growth theory, justifying ways out of mainstream economics. It has three parts. The first one analyzes growth theories from the Classical representation to the endogenous growth models. The second part demonstrates that the “new growth theory” is not a break with Solow's formalization. To prove it, we build an original Solowian endogenous growth model. Then, this neoclassical macrodynamic framework is technically, deeply critized in a third part. We show that both exogenous and endogenous neoclassical models prove to be incapable to explain growth in the long period. We concentrate on the ambiguities surrounding the hypothesis of single agent, as well as on the role of the state, in particular when it is considered as a “planner” by the neoclassicals. Endogenous growth models do not correspond to macrodynamization of the Walrasian general equilibrium, nor have solid microeconomic bases. We advocate in favor of rehabilitating state's intervention in social areas and of reactivating Marxist theoretical reflections regarding social planning and class analysis in the current time of structural crisis of the capitalist world system.