Deconstructing biodiversity economics and the Dasgupta Review

New high trending article: Deconstructing biodiversity economics and the Dasgupta Review

  • Released on 27 May 2021
  • 1187 downloads in 4 days!
  • 98th percentile: it’s in the top 5% of all research outputs ever tracked by Altmetric out of  17,843,674 research outputs across all sources

FREE TO DOWNLOAD

https://doi.org/10.1080/14747731.2021.1929007

Spash, C. L. and F. Hache (2021). “The Dasgupta Review deconstructed: An exposé of biodiversity economics.” Globalizations: 1-24.

ABSTRACT

The Dasgupta Review is the latest attempt at justifying financialisation of Nature, but also much more. It represents a high point in applying concepts of capital and wealth accumulation comprehensively to all aspects of human and non-human existence. Unravelling the flaws in the arguments, contradictions and underlying motives requires both understanding of and cutting through the specialist language, neoclassical economic models, mathematics and rhetoric. We offer a critical guide to and deconstruction of Dasgupta’s biodiversity economics and reveal its real aim. Framing critical biodiversity loss as an issue of asset management and population size is a blind to avoid questioning economic growth, which remains unchallenged and depoliticized despite apparently recognizing natural limits. Dasgupta ignores long-standing problems with capital theory and social cost-benefit analysis. Rather than a scientific review of biodiversity economics he offers impossible to achieve valuation, based on old flawed theories and methods, embedded in an unsavoury political economy.

 

This entry was posted in Publications and tagged , , , , , . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.