GEOG203 Lecture Notes - Lecture 1: Modernization Theory, Developmentalism, Simon Kuznets

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Perspectives and approaches: each rests on certain assumption, each has important implications, accepting one approach over another has repercussions for society and may benefit some groups over others. Putting a price on nature: can markets be green and social: thinking with markets. Can deepen inequalities: market environmentalism the more that market exchange penetrates into the environment, the greater the efficiency of environmental management. Attempts by the state to make rules about resource use and inherently inefficient in striking a balance between maximizing economic benefits and maintaining desirable resource levels: becoming modern . Economics and the free market at the root of modernization theory. Arthur lewis (amongst others) thought that all societies had to move towards industrial production. Thus, little attention was paid to environmental costs: growth is good. Market environmentalism posits that the world can grow out of global environmental problems consumption green growth can be the engine for sustainable development.

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