Magazine article New Internationalist

Raiders of the Lost Park

Magazine article New Internationalist

Raiders of the Lost Park

Article excerpt

If a tree falls in a forest and Arthur Andersen isn't around to hear it, do we cost it under a general depreciation budget or should it be recorded as a debit in the current accounts' register of our special tax-exempt entity in the Cayman Islands?

That's the sort of question a growing movement of Natural Capitalists' (by which we do not mean nudist commodities brokers!) are mulling over.

Much to the joy of the editorial staff at The Economist magazine (most of whom may actually be nudist commodities brokers), there is increasing momentum behind the idea that nature is best protected by exposing it to the ravages of the global casino we call 'the market'.

Thanks to massive corporate lobbying efforts, the World Bank, a few well-placed soundbites about 'win-win-win' scenarios by UN officials and governments, and the co-optation stewardship of some of the world's largest environmental NGOs, companies can now buy and sell 'ecosystems services' while placing bulk orders for barrels of DDT online. …

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