As scholar and academics, how do you suggest we draw the line between preserving the environment and its resources for posterity as well as giving room for infrastructural development and economic growth? Thanks a lot for your responses.
Ecological sustainability can be obtained, even in a capitalist economic system. At the same time, high degrees of social inequality or distributive injustice will be maintained. The only workable way to find a humanitarian balance between these 2 contra-polar parameters (natural ecology vs. human welfare) is to tax economic rent and to make it public revenue. The Henry George Foundation in the UK(GB) has enough practical proposals for this social reform at hand (attached: Land & Liberty; newest issue; fyi).
Ecological sustainability can be obtained, even in a capitalist economic system. At the same time, high degrees of social inequality or distributive injustice will be maintained. The only workable way to find a humanitarian balance between these 2 contra-polar parameters (natural ecology vs. human welfare) is to tax economic rent and to make it public revenue. The Henry George Foundation in the UK(GB) has enough practical proposals for this social reform at hand (attached: Land & Liberty; newest issue; fyi).
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