Is Economic Growth a Positive Sum Game (Jim O'C)
Patrick Bond
pbond at wn.apc.org
Wed Feb 2 00:28:22 PST 2000
> From: Barbara Laurence <cns at cats.ucsc.edu>
> ... There are a lot of
> problems with these formulations. One of them is that negative
> externalities are ignored. Economic growth to date anyway hasn't been
> positive sum game because negative externalities tend to be borne by the
> poor or not so well-to-do, while the well-to-do tend to appropriate the
> positive externalities for themselves.
Ah, but you forget, Jim, that the economic logic of dumping a load
of toxic waste on the lowest-wage countries is impeccable (MLP, age
at which you contract prostrate (sic) cancer, aesthetic valuation of
ecology, etc). We should face up to that.
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