Abstract

Thomas Pogge has developed powerful moral arguments in favour of global redistribution of wealth and focuses on Global Resources Dividend (GRD) which was proposed as a practical step towards the requisite redistribution. This chapter considers the criticisms of the GRD on the grounds that implemented its effects in arbitrary significant ways. First, it relates to the use of all resources, not a small selection. Secondly, it relates to the use of resources at each stage of their use, rather than at the stage of their first extraction. Thirdly, ecological footprint accounts factor in all environmental effects of resource utilization rather than the partial and marginal environmental effects of the GRD. Fourthly, an ecological space tax, because it tracks the use of natural resources even as they are valorized in the economic process, falls proportionately on the rich rather than the poor, which is the GRD is not certain to do. Keywords:Global Resources Dividend (GRD); natural resources; Thomas Pogge

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