ESTB01H3 Lecture Notes - Lecture 11: Microeconomics, Longrun, Stern Review
Document Summary
Eesb01h3 f: lecture 11 - models of humans. Rees and wackernagel suggested that the dominant worldview is generally optimistic about the future and humanity"s ability to transcend its physical and environmental limitations. Believes that human wellbeing is improving/ is optimistic. The application of rational and value-free" scientific and managerial techniques to mold the neutral stuff of the environment into goods and services. The ecocentric mode presumes that an order exists in which all things act according to. It is a mixture of ecology and romanticism as it assumes that there is an equality between, or subordination of humanity to nature. It seeks permanence and stability based upon ecological principles of diversity and homeostasis. There are a number of ways to perceiving it. An ideal society (utopia) responds to this problem" implicitly or explicitly by altering the. Equation" that describes the interaction of humanity and nature. The problem is that we have unlimited wants and limited resources.