Traditional economics assumes that the services rendered by ecosystems are "externalities" and places no value on them, or on their destruction. A more enlightened economics that takes account of the triple bottom line of environment, financial, and social equity is growing in acceptance.
As I've mentioned before on this blog I find George Monbiot to be especially perceptive on matters of the environment and as it turns our he is also well versed on matters relating to economics. Check it out:
Thanks to Lamar Mitchell for the link.
What have you done today to lower your impact?
We are washing away the foundations of our existence on every front. It is high time we move from crashing about on the planet like a bull in china shop and find a way to go forward with intent. We must find systems of living based on sustainability. The systems and tools exist, it is up to each of us to adopt them.
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- James H Kuntsler
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