It is ojen protable and logical because the costs of

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Unformatted text preview: materials that we can extract at arbitrary rates for industrial use and wealth- crea@on, to be taken by anyone with the means to extract them. hkp://en.wikipedia.org/wiki/File:Miningstamp.jpg Overexploita@on Overexploita@on of a renewable resource means that it is extracted at a rate that is greater than the rate at which it can be replenished. This can lead to (1) a collapse of the resource base, and (2) under condi@ons at which the underlying ecological process or system is damaged, it can erode the ability to recover in the future following a decrease in the rate of resource extrac@on. hkp://en.wikipedia.org/wiki/File:Chilean_purse_seine.jpg Externalized Costs “The results of the economic invisibility of [environmental degrada@on and overexploita@on] are illustrated by the challenge of large- scale commercial deforesta@on. Companies do not clear- cut forests out of wa...
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