TY  - JOUR
T1  - Capitalism and Environmentalism in North-South Relations
AU - , 1Mohammed Shamim Uddin Khan AU - , 2Tanvir Mohammad Hayder Arif AU - , 3Mohammed Shahedul Quader 
JO  - Pakistan Journal of Social Sciences
VL  - 2
IS  - 3
SP  - 229
EP  - 235
PY  - 2004
DA  - 2001/08/19
SN  - 1683-8831
DO  - pjssci.2004.229.235
UR  - https://makhillpublications.co/view-article.php?doi=pjssci.2004.229.235
KW  - 
AB  - The aim of this article is to present a normative enquiry of market-based solutions to global warming based on a moderate version of environmentalism that expands the compromise of sustainable development. The central argument is that while market-based solutions may be economically beneficial, they are also unethical or unjust instruments entrenched in classical market orthodoxy and the neo-liberal discourse that encourage unrestricted economic growth. Furthermore, market-based solutions defend the economically and politically dominant position of industrialised countries, undermining global justice for environmental inequality between the North and South. The first step in the enquiry exposes the deficiencies of classical market orthodoxy for a policy for global warming. The second step hypotesises an environmental dependence between the North and South that follows the rational of structural dependency theoryand enhances global environmental inequality. The final step analyses the dilemma of market-based solutions that, in the form of an emissions trading system, promote sustainable development but also expose the unavoidable global justice in a world of global environmental inequality.
ER  -