Tag: affordable housing

Katrina’s Bridge at the Edge of the World

In Bridge at the Edge of the World:  Capitalism, the Environment, and Crossing from Crisis to Sustainability, James Gustave Speth discusses how capitalism is inherently destructive to a sustainable environment, community and popular democracy.  The drive for economic expansion and accumulation is based on cost-benefit analyses for projects that do not include the economic, environmental or social costs caused by the destruction of natural resources.  This results in false price tags for projects because we either pay upfront or we pay much higher costs later.  Speth warns that we are now at the bridge of an environmental calamity and must choose between two paths: one path is business as usual and leads to certain destruction; the other path is a bridge that will help us cross to safety. This bridge stretches across America, but today we look at the Gulf Coast region.