The Politics of Scarcity and the Financialization of Nature

AUDIO: When public policy is used to make the foundations of economic health – energy and water – scarce and expensive, financial special interests profit. Now we are seeing the financialization of nature, whereby “ecosystem services” become a new asset class complete with stock issuances and shareholders. This new scheme for capital formation will accelerate the consolidation of ownership and control of vast rural areas – Edward Ring with Barry Fisher on KPRL Radio Paso Robles (Ring’s segment starts at 35:10).

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *