ethics
understanding good and bad, right and wrong
ethical standards
criteria that helps differentiate right from wrong, derived from worldviews, consequences of actions are the only standard of righ and wrong
utilitarian/practical/functional principle
smth is right when it produces the most benefit for the most ppl
how ethical considerations have expanded over time
env issues are:
human expansionist ethic
sets society outside or independent of nature, the only good thing is human prosperity
economics
managing resources to ensure stability, about the global system, has many components, resource use and depletion are treated as acceptable losses
culture
knowledge, beliefs, values, and ways of life shared by a group of ppl
worldview
person or group’s belief about the meaning, purpose, operation, and essence of the world
trade-offs
egocentrism
humans are at the top of the hierarchy and build ourselves on top of everthing else in the env
ecocentrism
humans are part of the env system, no hierarchy, everything in nature is equally valuable, impacts on one aspect will affect others
land ethic
enlarges the boundaries of the community to include the land, rather than limiting it to econ
env ethics
the application of ethical standards to relationships between humans and the env systems that support us
neoclassical econ
views resources as being infinite and substitutable, env costs are externalities, long-term effects are discounted, growth is good and should be promoted, demands emphasis of consumption and discarding
gross domestic product
adds up all the money spent, econ growth is defined as an increase in goods and services, considered an indicator of progress
genuine progress indicator
makes crucial distinctions: positive econ contributions of household and volunteer work and negative factors like pollution, crime, mental health, and family breakdown,
human development index
composite measure of a nation’s social and econ development that includes measures of health, wealth, and education
happy planet index
measure of a nation’s quality of life that includes survey results on happiness, life expectancy at birth, the degree of inequality across society and the ecological footprint
conventional econ
2 groups are households (consumers) and firms (manufacturers), consumers work in firms as labour and in return, consumers receive money, frms produce goods, consumers buy the goods which leads to a cycle
ecological view of econ activity
natural resources are used to facilitate the econ and industry which exchange matter with the ecosystem, produces waste, and recycle
ecological economists’ argument
econ growth is linear and unsustainable, ecol limits apply to all species’ growth, advocate against growth and to shrink the econ to make it more efficient
components of sustainable econ activity
trade-offs of green taxes and fees