Wealth, Poverty and Sustainable Development
An 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.
References listed on IDEAS
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- Patricia Allen & Carolyn Sachs, 1992. "The poverty of sustainability: An analysis of current positions," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 9(4), pages 29-35, September.
- Boyce, James K., 1994. "Inequality as a cause of environmental degradation," Ecological Economics, Elsevier, vol. 11(3), pages 169-178, December.
- James Boyce, 1994. "Inequality as a Cause of Environmental Degradation," Published Studies ps1, Political Economy Research Institute, University of Massachusetts at Amherst.
- Amin, Samir, 1992. "Can environmental problems be subject to economic calculations?," World Development, Elsevier, vol. 20(4), pages 523-530, April.
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