Published Date: Apr 19, 2019
Saving the Earth: Oxford Uni faculty stresses Pak to adopt eco-socialism
Oxford School of Global and Area Studies Prof Dr Pritam Singh, on Thursday, criticised the old traditional western capitalist development model of the developed world for playing havoc with the environment
During his address, titled, “Sustainability implications of the spatial shift in global capitalism: an eco-socialist perspective,” organised by the Sustainable Development Policy Institute (SDPI), here at Islamabad, he called it largely responsible for environmental destruction through global warming and biodiversity loss.
This capitalist model has failed to conserve the environment and ensuring sustainable livelihood, he maintained.
Prof Dr Singh, therefore, called for an immediate paradigm shift in the advanced capitalist economies and talked about the need to choose the alternative ‘eco-socialist’ development model to save the planet earth.
The professor said there remained evidence of a significant spatial shift in global capitalism, from relatively less populated countries (advanced capitalist economies) of the developed world to massively populated countries (emerging capitalist economies) of the developing world.
From 1980 to 2017, he added, there was a downward trend observed in the share of developed economies in the global GDP, including that of the US, UK, Germany and Japan.
On the other hand, an upward trend was said to be observed in the global share of GDP of the developing emerging economies, like Brazil, India and China.
He said further expansion and the deepening of capitalism would bring unprecedented environmental and social destruction.
Amid such circumstances, the proposed eco-socialism development perspective visualised a true eco-friendly economy and society, which could only be built by replacing capitalism with a classless society, he remarked.
Dr Singh also warned about the dire consequences and irreversible changes caused by climate change if global temperature hit the threshold of 1.5 degrees Celsius by 2030.
The world was said to have left with less than 11 years to take serious action.
The professor, ergo, called it a collective responsibility of individual consumers, institutional practices, collective organisational initiatives, government targets and policies, and global agreements, like Paris Agreement, to help mitigate the dire consequences of climate change. Instead of following the model of the developed world, he urged developing economies, like Pakistan, to learn from their mistakes and strive to build a self-sufficient economy.
To achieve sustainable development, every individual had the responsibility to change its consumption behaviour and adopt sustainable practices; he emphasised.
While moderating the session, SDPI Policy Director, Dr Shafqat Munir, noted that the economic policies and the development model of the developing economies, including Pakistan, should be environmentally friendly.
Without protecting the environment, we could not achieve sustainable development, he concluded.