PHIL_Sustainability .docx - Sustainability A term with diverse meanings ● “Sustainability” is employed in numerous contexts ranging from the

PHIL_Sustainability .docx - Sustainability A term with...

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Sustainability: A term with diverse meanings “Sustainability” is employed in numerous contexts- ranging from the carrying capacity of the planet to the sustainability of economies, economic sectors, ecosystems, nations, gardens, lifestyles, standards, metrics Brundtland Commission (United Nations 1987) “Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their needs.” Classical Resource Economics: basic assumptions Natural resources exist in abundance and are continually renewed When sporadic resource scarcities occur, science and technology will see us through: new discoveries, technology, better delivery systems, development of resources substitutes etc The wastes of production will be absorbed by the air, water, and land (natures sinks) without diminishing natures capacity to renew and regenerate resources essential for life Ecological economic: Rejoinder Herman Daly: “Growth becomes uneconomic and eventually impossible when a- rates of consumption of resources exceed renewal rates, b- rates of consumption of nonrenewable resources exceed the rate of development of resource substitutes, and c- rates of waste generation diminish the capacity of sinks to safely absorb and recycle wastes” William Rees:”OUr technological prowess feeds the common belief that humans and their economies have become increasingly independent of nature; in actuality, however, modern economies Two Views Contrasted
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  • Winter '18
  • AlbertB.Crawford

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