"Let Them Eat Pollution": Capitalism and the World Environment
Keywords:Ecology, Political Economy
AbstractOn December 12, 1991, Lawrence Summers, chief economist of the World Bank, sent a memorandum to some of his colleagues presenting views on the environment that are doubtless widespread among orthodox economists, reflecting as they do the logic of capital accumulation, but which are seldom offered up for public scrutiny, and then almost never by an economist of Summers' rank. This memo was later leaked to the British publication, The Economist, which published part of it on February 8, 1992, under the title "Let Them Eat Pollution."
This article can also be found at the Monthly Review website, where most recent articles are published in full.
Click here to purchase a PDF version of this article at the Monthly Review website.
Please see here for reprint requests.