Spash, Clive L., Hache, Frédéric. 2021. The Dasgupta Review deconstructed: an exposé of biodiversity economics. Globalizations. 1-24.
BibTeX
Abstract
The Dasgupta Review is the latest attempt at justifying financialisation of Nature, but also much more. It represents a high point in applying concepts of capital and wealth accumulation comprehensively to all aspects of human and non-human existence. Unravelling the flaws in the arguments, contradictions and underlying motives requires both understanding of and cutting through the specialist language, neoclassical economic models, mathematics and rhetoric. We offer a critical guide to and deconstruction of Dasgupta’s biodiversity economics and reveal its real aim. Framing critical biodiversity loss as an issue of asset management and population size is a blind to avoid questioning economic growth, which remains unchallenged and depoliticized despite apparently recognizing natural limits. Dasgupta ignores long-standing problems with capital theory and social cost-benefit analysis. Rather than a scientific review of biodiversity economics he offers impossible to achieve valuation, based on old flawed theories and methods, embedded in an unsavoury political economy.
Tags
Press 'enter' for creating the tagPublication's profile
Status of publication | Published |
---|---|
Affiliation | WU |
Type of publication | Journal article |
Journal | Globalizations |
Citation Index | SSCI |
Language | English |
Title | The Dasgupta Review deconstructed: an exposé of biodiversity economics |
Year | 2021 |
Page from | 1 |
Page to | 24 |
Reviewed? | Y |
URL | https://www.tandfonline.com/doi/pdf/10.1080/14747731.2021.1929007 |
DOI | http://dx.doi.org/10.1080/14747731.2021.1929007 |
Open Access | Y |
Open Access Link | https://www.tandfonline.com/doi/full/10.1080/14747731.2021.1929007 |
Associations
- People
- Spash, Clive L. (Details)
- External
- Hache, Frédéric (Green Finance Observatory, Belgium)
- Organization
- Institute for Multi-Level Governance and Development IN (Details)