GEOG 125 Lecture Notes - Lecture 11: Genuine Progress Indicator, Sustainable Development, Environmental Ethics
Document Summary
Readings: 1 - 6, 18 - 10, 24 - 9, 26, 27. Ethical standards: criteria that help different right from wrong. Do unto other as you would have them to unto you (the golden rule) Something is right if it produces the most benefits for the most people (the utilitarian principle) Both ethics and economics deal with what we value. Conflicting economic benefits and social or ethical concerns. Environmental ethics: application of ethical standard to relationships between humans and the environmental systems that support us. Basically on saving the environment for the future. By economists, its policymakers , reporters, the general public. Genuine progress indicator (gpi): starts with same accounting framework as the gdp. Adds in the economic contributions of household and volunteer work. Subtracts factors such as pollution, crime, and family breakdown. Its in our best interest to do so. Maintain he ability of future generations to be able to meet their needs.
