Philosophy 2074F/G Chapter Notes -Amartya Sen, Intergenerational Equity, Natural Capital
Document Summary
In a word present patterns of economic activity are judged to be unsustainable. For even if we accept that economic growth has been the chief cause of environment degradation, it does not follow that abandoning growth is the remedy. Replacing more confrontational discourse between advocates of economic development and those increasingly concerned over its environmental consequences. Development, it was suggested could be pursued to the extent that it was compatible with sustaining environmental capacity. Development that meets the needs o the present without compromising the ability of future generations to meet their own needs. The principle of sustainability in effect licenses the pursuit of quality of life insofar as this is compatible with a similar quality of life for all. Other hand it holds that growth is not sufficient to relieve poverty, and sees the need for what it calls a new development path one that sustains environmental capacity.