Financial And Environmental De-Regulation: Two Crashes In The Making
This post points out the parallel risk of under-regulating the financial industry and undercutting established environment protections. You may not like it; but the analogy is apt. Both strategies have us headed over a cliff.
Twenty-plus years of aggressively deregulating the financial industry and the culture of consumerism, together, have led the world into an economic crisis that harms innocents and guilty alike. You would think that, given the danger, free market fundamentalists would sit quiet for a bit, at least until we are well past the bailouts and government take-over announcements; and, the FBI is done…
http://feeds.treehugger.com/~r/treehuggersite/~3/425585763/financial-environmental-deregulation-risk-parallels.php
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