27 October, 2007
One of the tragedies of our times is that countries which are lifting themselves out of poverty are doing this by making exactly the same mistakes Western economies made in the past. For all the talk in political circles of our current development not being sustainable, nobody really seems to give a shit. Like lemmings we keep running to the edge of the cliff.
One of the best examples of this economic growth tragedy takes place in China as testified in a recent article by Dale Wen published in the scientific magazine Development. In the article “Too Much Growth, Too Little Development: The”reality behind China’s economic miracle“, Wen demonstrates that China’s economic miracle is largely built on liquidation of social and natural capital.
More on China’s environmental crisis can be found in an excellent article by the Council on Foreign Relations.
The New York Times has a good article on the difficulties for green energy in China.Author : Willy De Backer