View source for Wolfgang Sachs on Four Reasons for the Demise of Development


'''* Article: Development The Rise and Decline of an Ideal. An Article for the Encyclopedia of Global Environmental Change. By Wolfgang Sachs.'''

URL = https://d-nb.info/1049675908/34 


=Summary=

From the Reading notes of Michel Bauwens, 2006:

Wolfgang Sachs gives 4 reasons for the demise of development.
    
- 1) it 'contained' the communist threat, which has disappeared
    
- 2) the promise of a catch-up, but the gap has actually increased
    
- 3) it was seen as an unending process, but ecological limits stand in its way
    
- 4) the power of the nation-state as essential mechanism, has eroded


So, what can be done ?
    
- 1) in the South, the rights of local communities on their subsistence commons, must be increased
    
- 2) a move to non-carbon based energies such as solar and biomass can lead a direct transition to post-fossil development, without necessarily passing through  centralized industrialization models


Sachs concludes: the current growth model is oligarchic, it can only be good for a minority.

[[Category:Bauwens Reading Notes Project]]
[[Category:Economics]]

[[Category:Bauwens Reading Notes Project]]
[[Category:Economics]]