Truth to Power

Prospering on the backs of the poor

Cal Study: Rich Countries Do $1.8 Trillion Damage To Poor Countries

UC Berkeley researchers report that environmental damage caused by rich nations affects poor nations so much, it costs them more than their combined foreign debt.

“At least to some extent, the rich nations have developed at the expense of the poor and, in effect, there is a debt to the poor,” said coauthor Richard B. Norgaard, an ecological economist and UC Berkeley professor of energy and resources. “That, perhaps, is one reason that they are poor. You don’t see it until you do the kind of accounting that we do here.” </em>

Just a hunch, but I betcha this jackass will have some pontificating to do on this study.


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