Chapter 6: The Impact of Economic Globalization “Socialism collapsed because it did not allow the market to tell the economic truth. Capitalism may collapse.

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Presentation transcript:

Chapter 6: The Impact of Economic Globalization “Socialism collapsed because it did not allow the market to tell the economic truth. Capitalism may collapse because it does not allow the market to tell the ecological truth.” … Oystein Dahle, former Vice-President, Exxon, for Norway and the North Sea

Evaluating Economic Globalization Criterion: 1.Health of the Earth 2.Growing Social and Economic Inequality 3.An Acceptable Standard of Well- Being

The Earth’s Free Ecosystem Services 1.Purification of air and water. 2.Water absorption and storage. 3.Decomposition and sequesters wastes. 4.Regeneration of soil nutrients. 5.Pollination, seed and nutrient dispersal. 6.Pest control. 7.Moderates wind and temperature extremes. 8.Agricultural, medicinal, and industrial products. 9.Biodiversity that performs all of the above tasks. 10.Aesthetic, spiritual, and intellectual uplift.

Earth is an Island

Environmental Issues 1.Desertification 2.Deforestation 3.Fresh Water 4.Climate Change 5.Sea Levels 6.Soil Depletion 7.Carrying Capacity 8.Human Populations 9.Natural Populations

Desertification

Shrinking Lake Chad

Deforestation

Desertification

Deforestation

The Earth

Fresh Water and Irrigation

Irrigation Canal, India

Climate Change

Sea Levels

Soil Depletion

Soil Deple- tion

Terraced Fields

World Map according to Ecological Footprint

Overshoot: Easter Island

World Population Map

The Environment