Exclusively in the new print issue of CounterPunch
HOW MODERN MONEY WORKS — Economist Alan Nasser presents a slashing indictment of the vicious nature of finance capitalism; The Bio-Social Facts of American Capitalism: David Price excavates the racist anthropology of Earnest Hooten and his government allies; Is Zero-Tolerance Policing Worth More Chokehold Deaths? Martha Rosenberg and Robert Wilbur assay the deadly legacy of the Broken Windows theory of criminology; Gaming the White Man’s Money: Louis Proyect offers a short history of tribal casinos; Death by Incarceration: Troy Thomas reports from inside prison on the cruelty of life without parole sentences. Plus: Jeffrey St. Clair on how the murder of Michael Brown got lost in the media coverage; JoAnn Wypijewski on class warfare from Martinsburg to Ferguson; Mike Whitney on the coming stock market crash; Chris Floyd on DC’s Insane Clown Posse; Lee Ballinger on the warped nostalgia for the Alamo; and Nathaniel St. Clair on “Boyhood.”
The environment, specifically climate change, is recieving some much deserved attention as of late. Discussion of climate change is healthy and necessary, but it seems the politico-media complex exclusively discusses climate, leaving other urgent crises to fall under the radar.
One such crisis is Earth’s impending sixth mass extinction. We live in a time of precipitous biodiversity loss — on par with the extinction rate that ended the age of the dinosaurs. A complete tally of recent extinctions and imperiled species (along with causes) can be found at the International Union for the Conservation of Nature (IUCN) website – IUCNRedList.org.
Stuart Pimm of Duke University, a recognized expert in the field of conservation biology, has published a landmark study in the peer-reviewed journal Science. Pimm’s publication describes the current plight of flora and fauna around the planet. Pimm notes that species are disappearing at least 1,000 times faster than the natural background rate – ten times faster than ecologists previously believed. “We are on the verge of the sixth extinction,” Pimm said in a statement about his research. “Whether we avoid it or not will depend on our actions.”
There are a number of factors causing species decline. The major culprit, however, is not climate change — it’s habitat loss.
Over 50% of the human population now lives in cities, as populations expand, so too does urbanization. This creates an incredible challenge to species conservation as the total size of urban spaces in the United States now exceeds the total size of areas protected for conservation. It is important, then, for markets to develop that encourage biodiversity conservation.
Pimm is right: Whether or not we avoid a biodiversity crisis depends on our actions. It is time to embrace neighborhood environmentalism and reclaim the commons.
“Growth at any cost” economics, the dogma of neo-liberalism and government institutions, utilizes precious landscapes and resources needed for ecological subsistence. Even programs that seek mechanisms for conservation, such as the United Nation’s REDD (Reduced Emissions from Deforestation and Forest Degradation), inadvertently promote the total exploitation of natural areas, simply because regulation diverts resource extraction to unprotected land/seascapes.
Enclosure movements (acquisition of territories for the state or private capital) more often than not exploit natural landscapes. To the contrary, democratic management of natural areas has resulted in best sustainability practices.
The work of Nobel Prize recipient Elinor Ostrom demonstrates environmental protection increases with Common Pool Resource Institutions. Arun Agrawal, in his work Environmentality, notes sustainable forest policy emerged in the Kumoan region of the Himalayas as a result of decentralized, democratically controlled resource management. In our cities, the establishment of urban wilderness areas popping up around the globe, from the labor of civic sector institutions and private citizens, are protecting large expanses of forest and crucial habitat from economic exploitation – my favorite example hails from the Scruffy City of Knoxville, Tennessee, where over 1,000 acres of forested habitat has been preserved.
There are many more examples of freed markets protecting wilderness and ecosystem services. This protection simultaneously provides ancillary benefits to all flora and fauna — including humans. Government institutions and concentrations of private capital are all too often hurdles to the implementation of policies that can ease the current biodiversity crisis. Neighborhood Power is the way of the future — conservation depends on it.