Examlex
The following is an excerpt from "Some Preconditions for Resolving the Ecology Crisis" (Thinking Like a Historian) by Rudolf Bahro, a founding member of the West German Green Party: "The ecology crisis is insoluble unless we work at the same time at overcoming the confrontation of military blocs. It is insoluble without a resolute policy of détente and disarmament, one that renounces all demands for subverting other countries. . . .
The ecology crisis is insoluble without a world order on the North-South axis. And we must realize that our entire standard of living [in the North] is largely based on the exploitation and suppression of the rest of humanity. . . ."
In this excerpt, Bahrosuggests that a solution to the ecology crisis will require
Market's Output
The total quantity of goods and services produced and offered for sale in a market during a specific period of time.
Internalized
Describes a process or value that has been incorporated within an individual's psychological framework and is reflected in their behavior or decision-making.
Equilibrium Quantity
The quantity of goods or services traded in a market at the equilibrium price, where the quantity supplied equals the quantity demanded.
External Cost
A cost borne by someone who does not participate in the transaction or decision that led to the cost, often associated with negative externalities.
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