Thursday, June 6, 2013

excerpt from a book worth reading

"As for the land economies, the academic and political economists seem mainly to ignore them.  For years, as I have read articles on the economy, I have waited in vain for the author to "factor in" farming or ranching or forestry.  The expert assumption appears to be that the products of the soil are not included in the economy until after they have been taken at the lowest possible cost from those who did the actual work of production, at which time they enter the economy as raw materials for food, fiber, timber, and lately the fuel industries.  The result is inevitable: The industrial system is disconnected from, is unconcerned about, and takes no responsibility for, its natural and human sources.  The further result is that these sources are not maintained but merely used and thus are made as exhaustible as the fossil fuels.
As for nature herself, virtually nobody--not the "environmentalist," let alone the economist--regards nature as an economic resource.  Nature, especially where she has troubled herself to be scenic, is understood to have a recreational and perhaps aesthetic value that is to some extent economic.  But for her accommodation of our needs to eat, drink, breathe, and be clothed and sheltered, our industrial and financial systems grant her no recognition, honor, or care."

Wendell Berry, "What Matters? Economics for a Renewed Commonwealth," emphasis mine. 

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