It seems that today 2017 the world can be dived into two complementing sections, a world under green marketwashing....e.g. western countries except the USA; and a world under green marketblindness, the USA
Green marketwashing, the art of implementing dwarf green market policies like carbon price or cap and trade markets as if they were green market policies...knowing that they are not...
Green marketblindness, the art of implementing extreme versions of the traditional market policies a la Adam Smith like development without any sort of social and environmental regulation at all....knowing that this is like a corporate windfall maximized as externality passing is maximized...
As both green marketwashing and green marketblindness take place outside green markets, then as they persist the environmental sustainability gap should be expected to worsen accumulated environmental sustainability deficits as pollution will continue to be a partially free activity in one case and free to the max activity in the other case. Whether pollution comes from no regulation or some regulation, it still has a positive impact on the environmental crisis.
Therefore I think that the environmental crisis will go soon to super extreme as business operating under these two complementing world views and away from green market thinking will see an incentive to make more money by continuing polluting activities and passing those costs to society; and I think such a behavior will only stop after an extreme environmental system collapse takes place leading to paradigm evolution.
Which leads to the question, are these two complemeting world views now the root of the coming super extreme environmental crisis?: I think yes, what do you think?
Hi Lucio
the point you make is excellent. A globalised economy and MNCs need a globalised ecological policy approach.
The differences you mention could incentivise corporates to exploit regulatory gaps and differences.
I agree with your idea that seeking opportunity could mean exactly that. On the other hand there is literally no enforceable mandate of a true global regulation.
Kind Regards
Roland
Good day Roland, I am working on a paper where I will point out the structure of those two world views and their environmental sustainability gaps from the point of view of perfect green market theory; and use this analysis
a) to point out in which direction a rational decision maker will go in making production and consumption decisions
b) to highlight how both production and consumption patterns under both systems/economies will have a positive impact on worsening the current environmental crisis.....and
c) to stress that only a total system collapse will force good environmental behavior/cost internalization .....in both world views shifting them in the end towardst environmentally friendly systems in a very painful way both socially and economically....
Thank you for reading
Those interested in green market thinking may find the following article full of food for thoughts
From Traditional Markets to Green Markets: A Look at Markets Under Perfect Green Market Competition
https://www.researchgate.net/publication/330617155_From_Traditional_Markets_to_Green_Markets_A_Look_at_Markets_Under_Perfect_Green_Market_Competition
https://www.researchgate.net/publication/330701187_From_Traditional_Markets_to_Green_Markets_A_Look_at_Markets_Under_Perfect_Green_Market_Competition
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