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This was a major – albeit under-reported – issue that was discussed at the Rio+20 conference in June. Many argue that we must commodify nature in order to save the planet, but award-winning British journalist and writer George Monbiot issues a well articulated warning against this line of thinking. Definitely worth reading! Let us know what you think with a comment below.
This “financialization” of almost everything is an emerging international topic. It’s the subject of a provocative new book by Michael Sandel, a Harvard professor and leading American public intellectual. In What Money Can’t Buy: The Moral Limits of Markets, Sandel says,
“The question of markets is really a question about how we want to live together. Do we want a society where everything is up for sale? Or are there certain moral and civic goods that markets do not honour and money cannot buy?”
. Here’s an informative book review.