SOC 3380 Lecture Notes - Lecture 5: Climate Change, Jeremy Bentham, Marginalism
29 Oct 2017
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Clapp and dauvergne: paths to a green world. Present 4 environmental worldview (1 is missing) = based on radical critique of prevailing political economy = 5 perspectives in all! Based on neoclassical revolution in economics (early 20th century) Key gures: w>s jevons, leon walrus, alfred marshall, frederick von hayek. Key assumptions: people have rational preferences among outcomes that can be identi ed and associated with a value. Value of product- its utility- related to perceived value of a good to a consumer. Individuals maximize utility and rms maximize pro t: people act independently on the basis of full and relevant information. Pain and pleasure at the basis pf (liberal) ethics and value. Theory: claims to be rigorous and ultimately quanti able. An object (other than humans) has some kind of utility (a way of avoiding pain or adding pleasure to your life)
