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Showing posts from April, 2020

An intuitive model about the complex tradeoffs between development and inequality

The time has come to evaluate alternative models of development that include biodiversity and inequality in the equations of our development definition and policy management. Before listing all the assumptions that are required to come up with a valid simplification of our world, it is important to define why this article is relevant at all, or why do we need to write more about sustainability and inequality. If we look at the economy as a big factory, as when we only look at GDP, we can confirm that this is the time of greatest material capacity. Without stepping into the details and flaws of the GDP accounting (defensive expenses, wars...), it is a fact that real or nominal GDP are at historical highs. For those thinking that is wrong to make policy or civilization purpose to maximize such indicator only, this post will be relevant. In a world with critical  planetary boundaries, the next great species extinction, human caused global warming and growing inequality, it se