staina ilit and limate han e ndia and he orld 19.15
developed countries to be compliant on their have a direct ‘link’ with the resources we have
commitments based on historical responsibilities at our disposal to meet them. If mankind is to
and the principle of equity and common but survive and prosper, we need to be aware of the
differentiated responsibilities. repercussions of our activities on Mother nature.12
ePilogue 12. These virtuous opinions can be seen in a number of
Hardly anything makes economic sense unless contemporary thinkers and writers since 1970s:
its continuance for a long time can be projected E. F. Schumacher, ‘The Economics of Permanence’,
Resurgence, 3(1), May/June 1970, reprinted in Robin
without running into absurdities. Growth and Clarke, Editor, ‘Notes for the Future: An Alternative
development can happen to a ‘limited objective’, History of the Past Decade’ (London: Thames and
but it cannot be stretched upto an ‘unlimited Hudson, 1975. Schumacher invoked Gandhi while
advocating for the ‘economics of permanence’.
extent’. How can the ‘finite’ earth support mankind’s Jeffery Sachs, Common Wealth: Economics for a
‘infinite’ physical needs?—long before this was Crowded Earth (London: Penguin Books, 2009, pp.
postulated by the ‘Club of Rome’ in 1972, exactly 29–35, pp. 55–155.
the same thing Gandhiji had said in late thirties itself, Jeffery Sachs, The End of Poverty, Penguin Books,
2005, pp. 280-284.
‘Earth provides enough to satisfy every man’s need, Tim Harford, ‘The Undercover Economist’, Abacus,
but not for every man’s greed’. Mankind needs to GB, London, 2006, pp. 90-104.
introspect not only about its present needs but the Thomas L. Friedman, ‘The World is Flat’, Penguin
way those needs are being met. Books, GB, London, 2006, pp. 383-385, pp. 495-504
Ramachandra Guha, ‘ The Ecology of Affluence’
Besides, we also need to ‘differentiate’ between in ‘The Ramachandra Guha Omnibus’, Oxford
our ‘needs’ and ‘aspirations’. Our physical needs University Press,N. Delhi, 2005, pp. 69-97.