The problem with the World Bank has to do with development - the spreading of Western over-consumption worldwide. - Herman E. Daly - Quotesmemo.com

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Herman E. Daly

The problem with the World Bank has to do with development - the spreading of Western over-consumption worldwide.

Bank, Development, Problem, Spreading, Western, World

Same Author Quotes

There is something fundamentally wrong in treating the Earth as if it were a business in liquidation.

Earth, Fundamentally, Liquidation, Motivational, Nature

The economy is a wholly owned subsidiary of the environment, not the reverse.

Economy, Environment, Nature, Reverse, Subsidiary

We need an economics fit for purpose in a finite and entropic world.

Economics, Finite, Needs, Purpose, World

Even if we could grow our way out of the crisis and delay the inevitable and painful reconciliation of virtual and real wealth, there is the question of whether this would be a wise thing to do. Marginal costs of additional growth in rich countries, such as global warming, biodiversity loss and roadways choked with cars, now likely exceed marginal benefits of a little extra consumption. The end result is that promoting further economic growth makes us poorer, not richer.

Additional, Country, Global, Real, Virtual, Wise

Environmental degradation is an iatrogenic disease induced by economic physicians who treat the basic malady of unlimited wants by prescribing unlimited growth. . . . Yet one certainly does not cure a treatment-induced disease by increasing the treatment dosage.

Environmental, Growth, Increasing, Prescribing, Unlimited, Want

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