Climate change is just a new kind of toxic waste. The economic - TopicsExpress



          

Climate change is just a new kind of toxic waste. The economic logic ... rests on a doctrine of efficiency that counts all dollars equally. Whether it goes to a starving child or a millionaire, a dollar is a dollar. The task of economists, in this view, is to maximize the size of the total dollar pie. How its sliced is not their problem. A different way to set adaptation priorities is to count each person equally, not each dollar. This approach rests on the ethical principle that a healthy environment is a human right, not a commodity to be distributed on the basis of purchasing power, or a privilege to be distributed on the basis of political power. Read more at philly/philly/opinion/inquirer/20141231_Get_ready_to_make_tough_choices.html#HTlPkWyEAbIL4oSm.99
Posted on: Thu, 08 Jan 2015 20:20:05 +0000

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