Poverty and Pollution How Inequality will destroy Earth!

The tight lenders leach on the poor undeveloped countries creates hazardous issues that harm the Earth environment and potentially will destroy it. The use of coal and wood for heating, the driving of old vehicles, the garbage disposal and water contamination, the relentless woods destruction relates a lock of market i.e.economic development; Mongolia is the worlds most polluted country and also home to one of the worlds most polluted cities Ulaanbaatar. The countrys main sources of pollution are its traditional coal-fuelled stoves and boilers used for heating and cooking, as well as congested traffic and old cars. eating is essential for the survival of its people for about eight months of year. The country uses everything from coal, wood to refuse, such as black tar-dipped bricks and old car tires to fuel stoves and boilers.! Neither of the top 10 polluted sites are in the U.S., Japan or western Europe. However, a lot of the pollution in poorer countries has to do with the lifestyles of richer ones, noted Stephan Robinson of reen !ross Swit"erland#for e$a%ple, a tannery in &an'ladesh that provides leather for shoes %ade in (taly that are sold in New )or* !ity or +urich. ,-he pollution we see is not co%in' fro% the %a.or 'lobal industrial co%panies, it/s all fro% s%all %o%0and0pop shops, which prepare the raw %aterials that we then later use,, Robinson said. 1r, in the case of 2'bo'bloshie, hanaians are polluted by the electronic devices 3esterners have already used. 4ocal people in such areas, Robinson added, 5are very often pollutin' their environ%ent not because they thin* it is fun but because it is a 6uestion of survival.," The most developed countries are taking prompt action to improve their environment through investing and tax initiatives to boost green energies and through enforcing strict environmental laws and regulations. However, it is not possible to take on some consistent environmental protection policies on ust national level. To prevent from farther harmful environmental deterioration long! term "lobal policies should be implemented by the #nternational $inancial #nstitution of %T&, %', and #($ widely supported and financed by the most developed economies of the )*, E), +hina, and ,apan. 'ut, most important, the ways the global marketplace -business as usual. should evolve into more engaging ways to promote a "reen (arket /evelopment for many if not all undeveloped markets i.e. economies. 0n end of the budgetary debt economics that relates economic growth to productivity and investment only, by keeping firm hand on borrowers1 individuals or countries alike, is necessary. Even from purely historical stand point of view the system that had performed well in 2orth 0merica, %estern Europe, and ,apan until the beginning of the 34 st +entury has been tipping off1 1
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 the "lobalization enveloped the entire globe with a very few exceptions, the #nternet and rising 5roductivity made outsourcing and moving of industrial production much easier, and +hina has emerged as a great economic industrial power /evelopments that have distorted the market e6uilibrium in many developed and undeveloped markets alike 7with the exception of +hina, "ermany and ,apan after the 0benomocs8 by bringing longe!term high unemployment and underemployment, debt accumulation, falling standard of living, and rising ine6uality that were shaking the foundations of the +apitalism, which short term relatively high lending rates, low market security, weak business and intellectual property laws, weak consumer protection and environmental protection laws that were suppose to boost productivity, investment, and growth have established conditions for bubbles and recessions, instead1 the 3994 : 399; <ecessions followed by sluggish recoveries exemplify it. The conception of using market i.e. economic agents and tools in an -as it comes; as it goes. attitude to prompt (arket /evelopment i.e. economic growth is called (arket Economics. #t has become possible for short!term in History1 since the turn of the new century, which brought some new capability for industrial overproduction by the same development that distorted the existing +apitalism. %hereas the technologies that improve 5roductivity, the "lobalization, and +hina that utilized at best these new opportunities could become the market i.e. economic agents to offset the possibilities for shortages and inflation to allow long!term market development. The (arket Economics utilizes on such counterproductive for the +apitalism developments to prompt (arket /evelopment into targeted Environmentally friendly industries that could prevent from further pollution causal of an industrial production, productivity and investment approach, and in the same time create employment, replenish fiscal reserves, and allow a more balanced market approach in economics. The economic agents in (arket Economics are flexible parameters that ad ust most recent fluctuations on -as it comes; as it comes. probability principle. 0 high (arket *ecurity is paramount to improve the investment transmission!ability, whereas less developed and undeveloped markets, and small businesses and investors are given access to relatively fair market competition. Targeted into Environmentally friendly industries and technologies capital infusion should be ad usted to the #nflation 7not to the budget8. &n local for the developed countries e.g. /etroit and international for the #nternational $inancial #nstitutions the -invisible hand. should prevent from pollution, waisting of resources, destruction of woods, wetlands, etc. Joshua (o.i 7onov 8019