Traditional Economics at Fault

UN’s biodiversity crisis report screams for new ways of natural accounting.  Only an economist could fail to see how a collapsing biosphere might be bad for business.

Capitalism is killing the planet. That is the gist of an exhaustive United Nations report on the bleak state of the world’s biodiversity. One million species face extinction in what has been aptly called a global murder-suicide, (Article by Eric Levitz in the New York Intelligencer) driven by a race to commodify ecosystems and externalize the costs of their destruction.

Click on the link below for access to the entire article by Mitchell Anderson in the Tyee.