A Poverty of Reason: Sustainable Development and Economic Growth
Beckerman, an Oxford economist, takes on three phrases frequently invoked in debates over environmental policy: "sustainable development," "the precautionary principle," and "intergenerational equity." He demonstrates that each is highly problematic -- and that some interpretations of them could have detrimental effects on the world's poor and on future generations. Beckerman finds clear thinking and clear expression deficient in most public debate (even among those who know better), and his discussion of climate change and biodiversity has resonance well beyond those two illustrations. The notion of "sustainable development," for example, rests on two erroneous assumptions, according to Beckerman. First, he finds the claim that continuing growth will ultimately exhaust the world's resources (and therefore stifle future growth) deeply flawed, both empirically and conceptually; future generations are in fact likely to be much better off. Second, he disputes the term's claim to the moral high ground, based on a view of intergenerational equity that cannot, Beckerman argues, withstand scrutiny. Serious debate about current actions (or inactions) with long-term effects must take into account Beckerman's cogent arguments.
Related
As oil flirts with prices that call to mind the shocks of the 1970s, the usual Cassandras have been warning of dwindling oil supplies and sky-high prices. But the danger is precisely the opposite. The next two decades will witness a prolonged surplus of oil, which will tamp prices down. This world of cheap oil will have serious political reverberations. Without rising oil revenues, such key states as Saudi Arabia, Russia, Mexico, and Colombia will face worsening crises at home. The same is true in spades for Central Asia, where Washington's current wrongheaded policies could drag it into crises that make the Balkans look like a pregame warm-up. The world should worry less about a scarcity of oil than about a glut.
Without the Turkish military's support, Ankara cannot comply with the reforms necessary for Turkey to join the EU. So far, the top brass have cooperated, even when reforms have curbed their power, because they have looked at EU membership as both the culmination of the country's modernization and a way to battle nagging domestic problems. But how much further will they go?
Sustainable development -- the notion that boosting economic growth, protecting natural resources, and ensuring social justice can be complementary goals -- has lost much appeal over the past two decades, the victim of woolly thinking and interest-group politics. The concept can be relevant again, but only if its original purpose -- helping the poor live healthier lives on their own terms -- is restored.

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