Week 3 Reading Response Jordan Anderson The Yes Men – Parody of free trade and economic logic taken to the extreme. Demonstrates how liberal economics completely disregards environmental and social problems. Ecological debt – debt accumulated by northern, industrial countries toward third world, southern countries on account of resource exploitation, environmental damage, and appropriation of traditional indigenous knowledge. Demands justice in the form of financial debt cancellation to Southern countries. Ecological debt is hard to quantify because you need to take into account past, present and future damage to the environment and societies/cultures. Reasons why Northern countries owe a debt to the South • Slave labor, genocide and cultural genocide that took place during the Colonial period. • Extraction of natural resources threatens the survival of Southern peoples, puts self-sufficient lifestyles at risk. • Owe a debt to the original guardians of biodiversity – traditional knowledge
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