unit 2 part 5

Question 1

ecological assumption and goal

Answer 1

is to achive an economy that is ethical and sustainable (for the enviroment)

Question 2

Modern Environmental movment

Answer 2

-began with the social movments of the 1960s and 1970s

-Public acknowledgment of emerging environmental questions and problems

Question 3

Seminal works in
contemporary environmentalism

Answer 3

-rachel carson
-donella meadows
-brundtal report

Question 4

the assisi declaration on nature(1986)

Answer 4

5 major religions came together to talk about the enviroment

Question 5

scientist warning to humanity

Answer 5

even scientists made a statment that things can not continue like we are

Question 6

f ours is truly an intelligent knowledge-based society, why has the political response to a global threat been so limited and ineffective?

Answer 6

-economic greed:
-economic interest come first
-statues quo bias:is hard to change specially if it brings good thing to live like we are living
-discounting of the future :we think is not gonna happen during our lifetime
-people don’t belive it
-some changes are not obvious

Question 7

what is economic growth

Answer 7

-increase in the market value($) of final goods and services produced in an economy
-measured in gross dosmetic porduct(GDP)

Question 8

gdp growth

Answer 8

economy has growned a lot!(globaly)

Question 9

Assumption of current economic paradigram

Answer 9

-economic growth can continue indefinetly
-resources are treated as unlimited
-great faith in human creativety,technology,efficency
-economic growth seen as an end in itself
-more growth is always better

Question 10

ecological economics

Answer 10

-emerged in the 70s-80s
-critiques neoclassical economics(and ecology)
-tries to briges ecology and economics
-key thinkers(Herman Daly,Robert Costanza,William Rees)
-influence is still marginal
-not enviromental economics

Question 11

key questions

Answer 11

-Should economic growth be the dominant
goal for our economy and society?

What are the ‘costs’ of economic growth?

What is the optimal size for the economy? How
large should it become?

Question 12

ecological economics worldview

Answer 12

is impossible to see the economy without people/society but ecosphere is so important

Question 13

difference betweenb ECOLOGICALECONOMICS
WORLDVIEW and NEOCLASSICAL ECONOMICS
WORLDVIEW

Answer 13

ecological is almost never metion or just seperate from nature

Question 14

Ecological Economics:
Trade-offs and biophysical limits to growth

Answer 14

one thing grows while we lose something else

Question 15

Uneconomic growth:

Answer 15

Growth that creates more costs than benefits
- we think we are growing because we push away the lostes like loosing the enviroment-which is invisivel for the regular economic view

Question 16

from an empty to a full world economy

Answer 16

we still thinking the way we were in the 1800s even though we are tody where we have fewer resources

Question 17

Why do our national accountants fail to substract natural
capital consumption in calculating [national] income?

Answer 17

Neoclassical economics does not count natural capital consumption as a cost because in its preanalytic vision
[paradigm] of the world, nature is not scarce

Question 18

is economic growth a means or an end?

Answer 18

we treat as an end (do thing to encreses),,
there is idea that economic growth brings happiness and wealth BUT ecological economist belives is a mean to an end so what is the end happiness?they also belive economic growth is a temporary phase of our economics

Question 19

evidence

Answer 19

until you get to a point more growth does not make you much more happy

their some countries that doesn’t have as much economic growth but are as happy or more happy then other that have more growth

Question 20

gdp

Answer 20

is greate to meausre economic growth but not for welfare

economic growth does not mean happiness although in society it does

Question 21

key points assumptions of ecological economics

Answer 21

-economy is embeded in a larger,but non-growng system

Question 22

economic growth

Answer 22

indicates how our society is doing, and it shows what we value

Question 23

1.Promethean growth

Answer 23

-economic school:neoclassical economics

-governance model:capitalist market economy

key ideas:
-labour,capital and technology drive growth
-enviroment/natural resoureces is not mantioned

Question 24

2.green growth (we are kinda here)

Answer 24

-economic school:enviromental economics

Question 25

3.Agrowth

Question 26

gdp does not differentiate good growth or bad growth

Answer 26

gpi :social,economic,enviromental progress/quality of life
-enviroment problems are consider costs

Question 27

4-steady state economy