On (natural) wealth distribution. (with J.K. Steinberger).

ISSC blog. March 2017

As far back as the sixteenth century, Thomas More, the lawyer and later Lord Chancellor of England, described a strange country in which sheep devoured “the very men themselves”. With this unexpected metaphor, he was referring to the process of land enclosures whereby common land, traditionally used by all citizens for food and firewood, were fenced in. What was previously arable land was transformed into grazing land for sheep to feed the wool industry, and ultimately the landowners’ pockets.

The distribution of economic wealth has determined how natural resources are allocated for centuries; often, in turn, bringing about deep social and ecological shifts... (continue reading)

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