Ecological economists, such as Herman E. Daly, stress that as the external costs of pollution and resource exhaustion are not included in Gross Domestic Product, we do not know whether an increase in GDP is a gain or a loss. External costs are huge and growing larger. Historically, manufacturing and industrial corporations, corporate farming, city…

One of the world’s biggest philanthropic initiatives to address climate change is set-up to fail catastrophically, according to a strategy document setting out the initiative’s five-year plan. The strategy document, published by the William and Flora Hewlett Foundation in January, represents the third renewal of the Climate Works initiative originally founded in 2008. The initiative was…

The prevailing opinion among today’s political and economic elites is that economic globalisation is in some sense inevitable, perhaps even the summit of human achievement. The oft-repeated mantra is that ‘there is no alternative’ and we should adapt to it as best we can. Rather than being inevitable, economic globalisation is, in fact, the result…