A cogent argument that “unless economic inequality is reduced, it will be extremely difficult to attain the other goals of sustainable development.”
Chancel, co-director of the World Inequality Lab at the Paris School of Economics, draws on peer-reviewed research to show how continued economic inequality stands in the way of “democratic vitality, social well-being, economic efficiency, and ecological stability.” One of the galling consequences of the current situation is that “the biggest polluters are typically the ones who are least affected by the damages they cause,” and myopic, often selfish political decisions have resulted in the “weakening of the social state and the intensification of financial and trade globalization.” In a clear, balanced voice—particularly impressive in the face of such maddening social conditions—Chancel outlines five areas in which environmental inequality is most visible: access to resources, risk exposure, responsibility for degradation, exposure to the toxic effects of misguided policies, and having a voice when it comes to decisions involving natural resource use. Although the author readily admits that he doesn’t have all the answers and that significant research is ongoing, he does submit a number of policy initiatives that could lead to crucial steps forward, including investment in environmentally impactful infrastructure, taxation based on ecological impact, and public transparency in the measurement and accounting of progress. Chancel also suggests immediate changes in progressive taxation, retooled public services, communal water management, improved public transportation, and ramping up energy efficiency requirements for housing and workspaces. Many of these efforts will require strong citizen participation and a “joint commitment to the common good.” While this may be a tough sell given current societal trends, Chancel is a firm believer in getting priorities straight, and he forcefully argues for the importance of “subordinating commercial objectives to the larger purpose of bringing about a far-reaching and durable ecological and social transition.”
A concise, useful work of public policy.