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If we do not pay attention to ecological economics, it would be disastrous - Dr Resmi Bhaskaran
Kemmannu News Network, 26-02-2024 13:53:15
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Print If we do not pay attention to ecological economics in the days to come, it would be disastrous at a time when we face such challenges as climate change, global warming, resource depletion etc, warned, senior economist Dr Resmi Bhaskaran here recently.
Delivering a talk on ‘Relevance of Ecological Economics’ under the auspices of Gandhian Centre for Philosophical Arts and Sciences (GCPAS), MAHE, Dr Bhaskaran, who has done her research in Jawaharlal Nehru University, New Delhi, said conventional economics doesn’t put any limit on our wants and there are scarce resources in the world. When economy develops, it imposes additional burden on the resources, leading planet to disaster, she felt.
Moreover, there is no equitable distribution of wealth among countries and individuals. A very small minority controls major share of the wealth and resources. While the countries are engaged in arms race, basic needs of the population are being ignored. Globalisation has led to another kind of colonisation, Dr Resmi Bhaskaran felt.
Taking part, ecologist Dr Shreekumar felt that the very notion of development is at the root of the problem as it focusses on growth without equity, devouring the resources of the earth. The GCPAS Head Prof Varadesh Hiregange said ecological economics today is the premier area of research as it connects with our very existence. Faculty coordinator Ms Tanishqa Kotian moderated the programme. Dr Ravindranathan, Dr Ida D’Souza and others participated.
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