Economic Terrorism Essay Example for Free

Economic Terrorism EssayThis refers to the bet by any group of people or state to destroy a society for military, social, political and religious purposes. This is done for the sole and il well-grounded purpose of creating chaos and collapse of the target (Small Wars journal. July 2005). Economic terrorist act based on environmental issue, can be viewed as illegal actions that can be interpreted against individuals, corporations or states that are accused of undermining proper environment of a given society in advised pursuit of profit . The main purpose of such actions is directly aimed at the protection and preservation of the environment to prevent further environmental debasement. Environmental degradation has been increasing, conducting to potential crises that need collective action bring together with the motivation for the good of the world community. The challenges that have led to the crises include global warming, damaged ozone layer, water contamination, nuclea r weapon proliferation and increased income inequalities within and among nations. Economic terrorism though illegal can be warrant in s perpetuallyal ways.There is a classical principle implying that, when marts are functioning properly, there are uncoordinated actions of self-interested groups or agents. This consequently result to an efficient outcome, where those who earn huge profits do so by making separates lose severely . In circumstances where huge companies either privately own or state-owned are involved in polluting the environment (for instance through emissions, chemical released into the water bodies) in the process of optimising their production, the societies that live around the degraded environment are the great losers.Illegal actions against such companies digest efficient outcome. The companies cannot benefit hugely while the society loses through environmental degradation. Economic terrorism prevents wheezy development. Many nations make efforts to become m ore developed, in an effort to improve the living standards of its people or citizens. Unfortunately, this may result to reduced living standards when the environmental consequences of this development outweigh the stinting gains.Where legal bring of addressing this problem may fail, illegal actions may be the best option. Terrorism may be considered an in effect(p) way of preventing environmental degradation in countries where options are more limited for improving environmental quality. Expanding populations ask sparing growth to support them. This may pressure such countries to undertake development activities that severely simulate the environment. Limited options to prevent this type of development in such circumstances may result to economic terrorism against the country.Proliferation of nuclear weapons may give particular nations a sense of security and autonomy to enlist their own interests even when these interests affect the world community. This makes the countries so rigid, such that they cannot follow the set global guidelines to withstand environment depletion as required. Some may therefore view economic terrorism against such nations as the only solution to stop them from further environmental devastation. In most cases, environmental degradation affects the clear in a society.Those who are not well equipped to take legal actions against the state for do degradation, are usually convinced that they can still do the same through terrorism For instance, terrorism more often provides an advantage to the weak, especially when they are confronting the state The advantage is as a result of the terrorists use of secrecy and minimal resources needed for the attack. The market for the produced commodities is very crucial to the growth of any company. lack of market for the commodities will mean huge losses for the producer.Where the producer fails to follow an environmental code, as required, legal action should be underinterpreted against th em. Sometimes, this may fail. Environmental activists may have no other option other than sabotaging the market of the goods . For example, an activist minority group resulted to attacking anything and everyone associated with the entire production and distribution of Salmon angle that was found to have potential dangerous levels of cancer causing PCBs in the fish.Consumers were also targeted, which affected the market of the fish adversely (Key. W. 2004). Terrorist actions cause great cost for the industries that cause pollution or environmental degradation, compared to the costs they would incur if legal actions were taken against them. Result of illegal actions on their property will be taken very seriously, hence they will be more obliged to curb pollution to prevent upcoming losses from such actions.Industries, companies or factories work very efficiently to protect against activities that may jeopardise their profits. ravish to property or commodities through terrorism are unacceptable to them. Legal actions that may be undertaken against them may be counteracted very easily. Environmental activists are very aware of this possibility. It will be very thriving for them to undertake an action that is difficult for the institution to protect against- and that is economic terrorism. Economic terrorism enjoys more direction as compared to legal channels.When a terrorist attack in one country involves victims, targets, institutions, governments, or citizens in other country terrorism assume a transnational character(Sandler, T. 1997). It means a solution is promising to be sought, which will work towards curbing further environmental depletion. Finally, the fear of the developed countries that environmental degradation in the poorer countries may spill over to them may encourage trade war. This is whereby, these nations may impose ever more restrictive trade practices on the developing countries. This may be looked at as economic terrorism.Developed nat ions may reject commodities from developing nations that encourage environmental degradation, affecting the economy of that particular nation.ReferencesKey. W. (2004). upper-case letter Fish Growers Association. The Farmed Salmon Debate. Accessed on 2008-04-14 from http//www. growfish. com. au/content. asp? contentid=1263 Sandler, T. 1997. Global Challenges An Approach to Environmental, and Economic problems. Books. google. com Small Wars journal. July 2005,volume of the SWJ magazine. Accessed on 2008-04-14 from www. smallwarsjournal. com