Management and Organizational Studies 2285 Lecture Notes - Lecture 7: Living Wage, Stern Review, Social Contract

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 2285
• Professor: Trevor Hunter

Document Summary

In the latter half of the 20th century, the perspective of environmental concerns has changed from local to global: thi(cid:374)gs are (cid:374)o lo(cid:374)ger (cid:862)so(cid:373)eo(cid:374)e else"s pro(cid:271)le(cid:373)(cid:863, this perspective arises from three conceptualizations, finiteness, interdependence, sustainable development. Interdependence: global village, spaceship earth, shrinking world etc. Sustainable development (cid:862)de(cid:448)elop(cid:373)e(cid:374)t (cid:449)hi(cid:272)h (cid:373)eets the (cid:374)eeds of the prese(cid:374)t (cid:449)ithout (cid:272)o(cid:373)pro(cid:373)isi(cid:374)g the a(cid:271)ilit(cid:455) of future ge(cid:374)eratio(cid:374)s to (cid:373)eet their o(cid:449)(cid:374) (cid:374)eeds(cid:863) - world commission on environment and development (wced), 1987: development includes, societal, economic. Industrial: differs from how developed countries developed, tragedy of the commons (garrett hardin), grazing cattle in a common pasture. In canada we use more oil per capita than anywhere in the world, but since we do not have a lot of people we don"t have a large aggregate amount. Ironically, environmental degradation was mainly caused by local problems, but affect the world, and may be stopped through globalization: however, due to their scope, local problems have become global problems.