Unregulated Markets and the Transformation of Society

Authored by: Asad Zaman

Routledge Handbook of Ecological Economics

Print publication date:  April  2017
Online publication date:  April  2017

Print ISBN: 9781138931510
eBook ISBN: 9781315679747
Adobe ISBN: 9781317395102


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As industrialised human society barrels down the fast track to ecological suicide, there is a well-funded campaign to spread stories that create confusion about problems such as climate change, because environmental protection interferes with corporate profits. Species of plants and animals which evolved over billions of years, and cannot be replaced, are becoming extinct at a rapidly increasing rate. Precious environmental treasures like coral reefs and rainforests are being destroyed. The cost of what has already been destroyed cannot be calculated. In addition, industrialised society is using up planetary resources at a rate which is much higher than the ability of the planet to replenish or renew. The wastes being produced by human beings are changing the composition of the atmosphere, oceans, lakes and rivers, and affecting all forms of life. How can some elite groups act as “Merchants of Doubt” (Oreskes and Conway, 2011) prepared to destroy the planet to make a profit?

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