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bilby commented on the word fellows of the Grand Academy of Lagado
"It’s the definitive neoliberal triumph: the monetisation and marketisation of nature, its reduction to a tradeable asset. Once you have surrendered it to the realm of Pareto optimisation and Kaldor-Hicks compensation, everything is up for grabs. These well-intentioned dolts, the fellows of the Grand Academy of Lagado who produced the government’s assessment, have crushed the natural world into a column of figures. Now it can be swapped for money."
- George Monbiot, An Answer to the Meaning of Life, monbiot.com, 6 June 2011.
June 7, 2011