Abstract
Mainstream economics has tended to accord environmental economics a subordinate place in its hierarchy of concerns. This is not surprising as orthodox approaches normally tend to assume away the very problems that give rise to environmental issues. This article endeavours to employ a simple Marxian model to analyse the implications for environmental policy. Our model provides us with some interesting preliminary conclusions. In Particular we see that the short-run conflict between labour and capital may result in capitalists campaigning strongly for weaker policies on the environment. It is argued that this could lead to serious consequences for future generations.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.