Four leading global figures talk to us about environmental crises and their dependence on the wrong economy:
The links between the climate, biodiversity, and water crises point to a fundamental issue: our economies are based on flawed economics. Current economic thinking leads us to consider only the proceeds of pillaging of the planet, while ignoring externalities such as environmental damage and the liabilities they imply. This bad accounting makes us look wealthier when we are actually becoming poorer, depleting the sources of our well-being at the cost of future generations.
https://www.project-syndicate.org/commentary/global-water-crisis-bad-economics-ignores-externalities-rewards-pillaging-by-mariana-mazzucato-et-al-2023-12
#OnScienceAndSociety