Abstract

When the Brundtland Commission said in 1987 that the business-as-usual model of Adam Smith needed to address the social and environmental issues associated with it, this meant that there was a socio-environmental pollution problem separating the dirty traditional economy from the clean economy. When the UNCSD in 2012 gave priority to addressing the environmental issue only associated with the dirty traditional market model, this meant that there was an environmental pollution problem between the environmentally dirty traditional market and the environmentally clean market. This situation brought the need to think about how the transition from the environmentally dirty traditional market to the environmentally clean market could be framed step by step, but instead of thinking in terms of transition to the environmentally clean economy attention was given since 2012 to adopting environmental externality management-based markets or dwarf green markets. Whether mainstream thinkers in the sustainable development area failed in 2012 to see how the transition road from environmentally dirty traditional markets to environmentally clean markets could be built is not clear, but what it is clear is that there is no transition link from dwarf green markets to environmentally clean markets as dwarf green markets are still active environmental externality-based markets as the root cause of the environmental problem is not yet corrected. And this raises the question, how can the 2012 road to transition from environmental pollution based traditional economies to environmentally clean economies that the world never built be pointed out? What are the implications of this? Among the goals of this paper is to provide answers to those questions

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