GLOBAL CITIZENSHIP AND SUSTAINABILITY Flashcards
A proposed epoch dating from the commencement of significant human impact on Earth’s geology and ecosystems
Anthropocene
12,000–15,000 years ago was the beginning of?
Agricultural Revolution
When was the invention of the steam engine and what did it signify?
1780, Industrial Revolution
short term firmness in position, permanence and
resistance to change, especially in disruptive way
Stability
long term capacities of a system to exist,
not its short term resistance to change
Sustainability
premised on the idea of making everyone live and
consume like a typical Western does
Western centric globalization
The continuous commodification of the
world’s resources from water to air, from minerals to
forest lands under the current economic system
would exhaust the world’s finite.
TRUE
The current trend points to the global race to the bottom
with regards to wages and corporate tax rates.
TRUE
being considered as an alternative method of global
sustainable development.
Degrowth
a Bolivian concept of giving Mother Earth
and all creatures an inalienable “Right”. This is the first law that granted nature with rights equal to humans. This relabels the nation’s mineral deposits as “Blessings” to come. It empowered communities to monitor industrial polluters and culminated in the establishments of a relevant ministry that will prioritize the protection of
environment without stopping all industrialization schemes
Pachamama Socialism
to build a new form of public coexistence, in diversity and in harmony with nature, to achieve a good way of living. It is a way of doing things that is community centric, ecologically balanced and culturally
sensitive.
Buen Vivir
This call is for a system that prioritizes people over profit, communities over
corporations, and environment over economic growth.
Buen Vivir
This idea is best captured by the statement: “live simply so that others may simply live”
Buen Vivir
Offer a perspective into the challenges and opportunities that confront the contemporary world
Global Trends
The current model of economic growth and activity operate on the notion of a linear direction of profit, on the desire to constantly achieve a state of equilibrium in the interplay of costs and gains, and on the assumption that market forces typically rotate around the need to be stable.
TRUE
it considers firms as the most important actors for welfare creation in national economies, since they provide innovations and new products.
Varieties of Capitalism
To achieve their goals they need access to resources, to mention the most fundamental ones — capital, labour and skills. This access is not always easy due to risk and uncertainty which concern almost every transaction in
an economy.
Varieties of Capitalism
Characterized by dynamic access to resources, which means, that it is
relatively inexpensive to change conditions of transactions or resign from it.
Liberal Market Economy