Abracadabra …... or, the Art of Promoting Sustainability !
Abracadabra …... or, the Art of Promoting Sustainability ! GangaPrasad Rao Energy, Environmental and Mineral Economist gprasadrao@hotmail.com gprao64.blogspot.com gprasadrao.blogspot.com Disclaimer : …..so I proclaim, and so shall the world be ! 1 Click here to browse or download the entire pdf manuscript Introduction If the Nominal paradigm leverages, on one hand, technology and capital-owning investors, with political coordination of the middle-class pool of labor, to pursue a growth-based economy, the same is obtained at the price of growing an inequitable, per-capita society, generating diffused SESH externalities and exploiting the Commons globally. Such externalities are the outcome of market-coordinated flow of nominal capital as part of a globalization of nominal economic activity across competing nations. The political imperative to perpetually obtain employment opportunities, and economic growth, induces governments to out-compete each other in accommodating externalit