The pioneering American economist who helped found the discipline of Ecological Economics, and presently a leading theorist of ‘steady-state economics’, muses on Pope Francis’ ground-breaking encyclical on environment and justice. “At a minimum, he’s given us a more truthful, informed, and courageous analysis of the environmental and moral crisis than have our secular political leaders.”
“Producing qualities that may give excellent results in the laboratory may be advantageous for some, but have ruinous effects for others. And the principle of caution is not enough, as very often it is limited to not allowing something to be done, whereas there is a need to act in a balanced and honest way.”
It’s indeed possible to wrap your head around the new emerging reality. It doesn’t take a financial maverick to foresee collapse and it’s by no means my discovery. I just saw the patterns emerging before most people simply because I was paying attention to facts and trends – all in public domain, some for decades.
Warming of oceans due to climate change is unstoppable, say US scientists The Guardian UK The warming of the oceans due to climate change is now unstoppable after record temperatures last year, bringing additional sea-level rise, and raising the risks of severe storms, US government climate scientists has said. The annual State of the Climate
The Encyclical by Pope Francis is being hailed by environmentalists as the second coming. It’s hardly that, in my view. Nonetheless, I was struck within minutes of starting it, by the incisive and accurate commentary it offers on our true predicament. Here are some passages that resonated with me and that I found highly insightful. Manu