Question

In: Economics

how do markets allocate resources around toxic substances regarding products, occupations, and third parties? how are...

how do markets allocate resources around toxic substances regarding products, occupations, and third parties? how are the poor and racial minorities disparately impacted by pollution?

DISCUSS IN ONE PARAGRAPH OR MORE FROM THE ENVIRONMENTAL ECONOMIC BOOK

Solutions

Expert Solution

Hazardous material is exported to poor communities of colour.This is hazardous material linked to a high rate of death or illness, widespread ecosystem damage. Transnational environmental justice movements reverse, and, challenge it. Organizations in the Global north produce tons of toxic waste. Waste dumping reflects divisions in the globalized world. Dumping is a form of transnational environmental inequality theorized in the context of race, class, environment, and, nation. The aspects involved are social movement theory, environmental justice studies, and, race theory.

Dumping of hazardous waste from electronic equipment, and, the sale of banned products are cross-border environmental problems of justice. Traditional toxic effects - these are mining, extraction of water, and, extraction of soil nutrients. There is environmental injustice associated with leaving the local population to deal with the mess.

Thousands of computers are disposed off each week. There are difficulties in recycling, and, disposal of e-waste. The organizations are committed to recycling but are engaged in greenwashing - collecting e-waste that stockpiles material that has no economic value. The organizations are committed to responsible recycling standards, but subcontractors are unaccountable for what they receive, and, what becomes of it.


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