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We treat the environmental environment like a company in liquidation at our peril
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We treat the environmental environment like a company in liquidation at our peril

St. Cloud

This article was written to remind everyone that the environment is nothing but the essential air, water, and soil, also known as the three abioticspheres of atmosphere (hydrosphere), lithosphere, and lithosphere. We often forget that the environment is essential for our economy’s survival.

There are many factors that can lead to environmental degradation. These include greed, ignorance and technology. Mahatma Gandhi summed it up well when he said that spaceship Earth has enough resources to meet all people’s needs. However, not everyone is greedy. Modern technology allows for easy access to Earth’s resources from any location.

My favorite eco-economist Herman Daly brought our attention to the fact environmental degradation is an iatrogenic illness induced by the economic doctors, the pro-growth advocates, who try to treat the disease with unlimited wants through unlimited production. He reminded us that treatment-induced diseases cannot be cured by increasing the dosage. Even in ignorance, it is foolish to do so.

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