Website review: The New York Times & Log In
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•1 reviews since May 17, 2008
globalization
•nytimes.com/2008/05/18/books/review/Gross-t.h...
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laodan discovered 4 months ago- Cost of living in the NYT by DANIEL GROSS
The timing for Jeffrey D. Sachs's new book on how to avert global economic catastrophe couldn't be better, with food riots in Haiti, oil topping $120 a barrel and a gnawing sense that there's just less of everything - rice, fossil fuels, credit - to go around. Even congenital optimists have good reason to suspect that this time the prophets of economic doom may be on point, with the advent of seemingly unstoppable developments like climate change and the explosive growth of China and India. Which is why Sachs's book - lucid, quietly urgent and relentlessly logical - resonates. Things are different today, he writes, because of four trends: human pressure on the earth, a dangerous rise in population, extreme poverty and a political climate characterized by 'cynicism, defeatism and outdated institutions.' These pressures will increase as the developing world inexorably catches up to the developed world. Cost of living ARTICLES ABOUT JEFFREY D. SACHS - Energy prices shoot to the stratosphere because many reasons but chief among those, these last few years, has been political uncertainty driving higher future prices. But peak oil threatens to be even more pressing that sees demand growing faster than the offer of oil products and this problem is going to amplify, for, without any serious alternative to oil coming to the market within the foreseeable future we will be left with always rising costs. - The production of food has been kidnapped along the last decades by agro-chemical corporations and as a consequence small farming has been decapitated leaving agriculture at the mercy of chemical fertilizers produced from oil and from rock phosphate. - In general all resources are under strain due to a huge increase in demand that, as writes Farid Zacharia, accrued due to the recent entry into modernity of the rest of the world. Unfortunately the simultaneous rise of the cost of living is paralleled by the side-effects of some short centuries of modernity in the West that are menacing the whole of humanity of possible extinction. Humans are thus confronted with the absolute necessity to change their ways of living and possibly to abandon all the values and ideas that supported modernity. But how will the countries of the South, that are in the process of entering modernity, respond to the need to curtail modernity?
- Cost of living in the NYT by DANIEL GROSS
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