By Daniel W. Bromley, Jouni Paavola
Economics, Ethics, and Environmental coverage: Contested offerings bargains a complete research of the moral difficulties linked to basing environmental coverage on financial research, and how you can conquer those difficulties.
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Additional info for Economics, Ethics, and Environmental Policy: Contested Choices
I will refer to the “bequest package” that one generation leaves for the next – a bequest package is the sum total of accumulated capital, the technology, the institutions, and resources. The bequest package portends the sum total of actual impacts that one generation has on all subsequent generations. Given the prospective viewpoint of this chapter, discussion of proposed bequests will of necessity refer to intended bequests, not actual bequests. However great the difference between the two, we must assume they are related: the intentions of earlier generations must at least matter in the formation of the actual bequest.
With the exception of the philosopher O’Neill (1993) and the economist Bromley (1998), there has been little resistance to the economizing of intergenerational morality. Here we will use the economists’ version of this simpliﬁcation to set the stage for a broader evaluation of the GS and its effects on both economics and philosophy. Economists – especially growth theorists – have outlined a position that has come to be called weak sustainability. This view has been challenged by “ecological economists,” who defend strong sustainability.
On the other hand, these values themselves – “social-altruistic,” “biospheric,” and “egoistic” – are treated as mere “orientations” that “take shape during the socialisation process and are fairly stable” (Stern and Dietz, 1994: 66–8). This account of the antecedents of action contains strong echoes of the work of David Hume, who writes that: reason in a strict and philosophical sense can have an inﬂuence on our conduct only after two ways: either when it excites a passion by informing us of the existence of something which is a proper object of it; or when it discovers the connexion of causes and effects, so as to afford us means of exerting any passion.