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Wealth engenders debt

  • 30/07/1996

Wealth engenders debt that wealth provides the means to correct environmental damage; that wealthy people are environmentally more conscious because they can afford to care for the quality of life; and that poverty is one of the main causes of environmental degradation, are politically correct beliefs. However, for many ecologists from the South, this provokes outrage, even when the speaker comes from the South. The former finance minister of India, Manmohan Singh, was one who justified his programmes of trade and market liberalisation on the grounds that they would generate resources for cleaning up the environment.

In the report Zukunftsfahiges Deutschland , we find a realistic description of the prospects for decreasing the