Environmental Economics in Perspective
Very differing pictures are portrayed as to the significance of the environmental problems facing us. At one extreme, there is an assertion that catastrophe is just around the corner if we fail to introduce radical reforms of the economic system. At the other is the view that environmental concerns are compatible with or even complementary to economic objectives; only some minor retuning and redirection of the economy is appropriate. There is a third position which asserts that concern for the environment is a whim of the middle classes, that it is of little real consequence and that those at lower standards of living will be best served by a continuing push for economic growth.
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