How much stuff is enough?


	How much stuff is enough?

communicatrix

3-23-2007 2:18 PM

1157 views

tags:

global warming, sustainability, economics, globalization

communicatrix says:

Salon.com article, so you may need to watch a brief ad to get to the content.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/f81ac976-cde3-4250-82b3-92343048708a/3DD260D7-A694-4322-9465-93B1E0F63EC1/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.salon.com/books/int/2007/03/23/mckibben/index1.html" href="http://www.salon.com/books/int/2007/03/23/mckibben/index1.html" style="font-size: 11px;">www.salon.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.salon.com/books/int/2007/03/23/mckibben/index1.html"><B>So how did the mantra of economic expansion gain such momentum?</B></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.salon.com/books/int/2007/03/23/mckibben/index1.html"><P> Because it works up to a point. Economists have been extremely good at showing us how to produce more. But they have confused that with an end. They've decided that because they're good at doing it, therefore that's what should be done. The basic idea goes back to Adam Smith, who was prescribing for the human condition in his time, a condition of essential scarcity. We moved away from that a long time ago in the U.S. The marginal utility of another stuffed animal for my daughter, for example, is unbelievably low, but for the girl working in a shower curtain factory in China, whom I describe in the book, who brims over in tears the second she sees it, it's very high. One of the confusions of economics has been that getting a stuffed animal is the same experience for both. </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/3DD260D7-A694-4322-9465-93B1E0F63EC1/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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