Sunday, April 15, 2007

Capitalism and Environment

While scanning through the net, here's a gripping article that I came across which is definitely worth thinking about.

Capitalism in not sustainable by its very nature. It is predicated on infinitely expanding markets, faster consumption and bigger production in a finite planet.

Business is the cornerstone of every capitalistic economy. Most of the countries in the world practise capitalism in one form or the other.

The world's scientists have warned that hundreds of millions may be at risk due to the impacts of global warming and the ensuing climate change.

The industrialised world and the developing countries that are pursuing a relentless pace of economic development need to heed the scientific findings and reduce the deadly greenhouse gases that is adversely affecting the planet that we live.

It is time for governments and business corporations to show strong leadership, not only to grow economic prosperity but to do it in an environmentally sustainable manner.

That seems to be the challenge faced by the world.

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