Lecture 1: Introduction Flashcards
Environmental pressure - consequences
Change in rainfall patterns, frequency of extreme events impact jobs, lives and migration patterns.
How is the economic system (capitalism) characterized?
- Most of the means of production are privately owned, which influences market powers.
- The production for markets, including ‘fictitious commodities’ as labour, land and money.
- Profit motive
- Price mechanism
Club of Rome (1972)
A condition of ecological and economic stability that is sustainable far into the future and capable of satisfying the basic material needs of people
Glodsmith (1972)
A stable society that could be sustained indefinitely while giving optimum satisfaction to its members
Brundtland’s World Commission on Environment and Development (1987)
Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs
Why do we need sustainable development?
We are facing many different pressures from local to international scales and climate change. We cannot continue in the same way of producing and consuming
Material footprint
how much we extract for us to be able to consume
environmental pressure
the richer we get, the more we consume, the more pressure we put on the environment
capitalism
profit oriented
- means of production mostly privately owned
- production for the market
- operation to make profit
- relies on international trade