The prevailing ideology of the modern west - which is…
“The prevailing ideology of the modern west - which is political economy - is in the doghouse. Having failed to notice atmospheric pollution, the economists then frightened themselves with the sort of financial crisis they said they had abolished.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Modern Western economic thought ignores environmental costs, leading to crises that the system claimed to have solved.
In simple terms: Economics neglects ecology, causing self‑inflicted crises.
Integrate ecological reality into policy.
Themes
Mood
Type
When to use this quote
- government planning
- academic curricula
- public discourse
Key Concepts
Practical Applications
- policy analysis
- sustainability consulting
Questions to Reflect On
- How can economic models account for planetary limits?
- What incentives could realign profit and planet?