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Civilization’s Wake: Ecology, Economics and the Roots of Environmental Destruction and Neglect

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The Bankruptcy of Economics: Ecology, Economics and the Sustainability of the Earth

Abstract

In this chapter we will examine some of the ecological and social ramifications of the thesis that one of the principal ideological sources of our present environmental crisis is orthodox neoclassical economics. Insofar as economic agents approximate “Rational Economic Men” maximizing their expected utility in a global technoindustrial capitalist system embodying such values, environmental degradation will occur. According to this view, often associated with radical environmentalism and “deep ecology” (Naess, 1973; Manes, 1990), it is our present growth-based economic system which lies at the heart of the environmental crisis. This view has been argued for by many (for a review see (Lyons et al, 1995)) but a particularly clear expression of this sentiment is given by the deep ecologist Andrew McLaughlin in Regarding Nature: Industrialism and Deep Ecology (1993). McLaughlin notes that the present day ills of Western economies, such as unemployment and urban poverty, are blamed on a lack of economic growth by our politicians and mainstream economists. Consequently unemployment and urban poverty can only be cured by increasing industrial production. However, if there is a global ecological crisis then increased economic growth (arguments below) leads to increased environmental destruction and increased resource use. Consequently we are faced with a “fateful dilemma”: “Either we pursue economic growth and ecological collapse, or we seek ecological sustainability and economic collapse” (McLaughlin, 1993, ix).

In general the prospects are bleak. A combination of unfavourable circumstances could all too easily lead to the classic symptoms of disruption within and between countries and societies. Conflict, famine, disease and breakdown are not uncommon in history, and could creep upon us as they have crept on others, lurching from crisis to crisis until they become unmanageable. (Tickell, 1992, 72)

The new human species, homo ecophagus, is a ubiquitous, predatory, omniecophagic species that is a malignant epiecopathologic process engaged in the conversion of all planetary material into human biomass or its support system with coincident terminal derangement of the global ecosystem. (Hern, 1990, 35)

The cause of our present sickness is our modern technological civilization and its underlying ideologies. (Sheldrake, 1990, 178)

Man has lost the capacity to foresee and to forestall. He will end by destroying the earth—Albert Schweitzer. (quoted in Laura & Ashton, 1991, 8)

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Notes

  1. Ayres and Nair (1984) recognize that the feedback loop between price and technological development does not guarantee that the free market system will respond in time to the challenge of ecological scarcity: “If, as seems conceivable, the cost of the necessary investments starts rising rapidly just as fuel shortages begin to choke off economic growth, industrial societies could find themselves on a downward escalator from which a democratic, free-enterprise society might find it impossible to escape” (Ayers & Nair, 1984, 71). Price rises do not occur, according to the classic supply and demand analysis, until demand exceeds supply. For example, tropical timbers can be purchased fairly cheaply now even though the supplies are being rapidly depleted and the resource will be exhausted by 2030 (Trainer, 1995a).

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© 1999 Joseph Wayne Smith, Graham Lyons and Gary Sauer-Thompson

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Smith, J.W., Lyons, G., Sauer-Thompson, G. (1999). Civilization’s Wake: Ecology, Economics and the Roots of Environmental Destruction and Neglect. In: The Bankruptcy of Economics: Ecology, Economics and the Sustainability of the Earth. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-27569-4_4

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