Alex Teytelboym http://t8el.com Wed, 11 Dec 2019 09:37:00 +0000 en-US hourly 1 https://wordpress.org/?v=5.0.9 Can we use prices to protect nature? http://t8el.com/?p=920 Wed, 23 May 2018 23:13:32 +0000 http://t8el.com/?p=920 Continue reading "Can we use prices to protect nature?"]]>

The infinitely eloquent and provoking George Monbiot wrote an article in which he said a bunch of silly things:

  • “Through the market, we can avoid conflict and hard choices, laws and policies, by replacing political decisions with economic calculations.”
  • “Unless something is redeemable for money, a pound or dollar sign placed in front of it is senseless: price represents an expectation of payment, in accordance with market rates. In pricing a river, a landscape or an ecosystem, either you are lining it up for sale, in which case the exercise is sinister, or you are not, in which case it is meaningless.”
  • “The natural capital agenda is the definitive expression of our disengagement from the living world.”

We responded, less provokingly, in a letter to the Guardian. In short, we argue that “natural capital does not prepare nature for sale; it calls attention to the worth of what is lost.”

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