Wealth, Poverty and Sustainable Development
AbstractAn analysis of the underlying causes of environment destruction debunks the idea that the poor are the principal cause of environmental degradation in present-day societies. The paper also identifies some of the major areas of economic theory and institutional biases in market economies that generate obstacles to the 'proper' functioning of markets. As a result, even the more advanced prescriptions of modern environmental economics are incapable of explaining the deepening of social and economic polarization and the worsening of the environmental conditions in which poor people must exist. The paper ends with a proposal for overcoming this growing crisis through local participation and action.
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Bibliographic InfoPaper provided by EconWPA in its series Development and Comp Systems with number 0506003.
Length: 54 pages
Date of creation: 09 Jun 2005
Date of revision:
Note: Type of Document - pdf; pages: 54
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political ecology; sustainability; polarization; heterodox economics; development alternatives;
Find related papers by JEL classification:
- Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics
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