Full-text resources of CEJSH and other databases are now available in the new Library of Science.
Visit https://bibliotekanauki.pl

Refine search results

Journals help

  1. 2 Mekhanizm Rehuluvannya Economiky

Authors help

  1. 2 Daly H. E.

Years help

  1. 2 2013

Results found: 2

first rewind previous Page / 1 next fast forward last

Search results

help Sort By:

help Limit search:
first rewind previous Page / 1 next fast forward last
1

The Challenge of Ecological Economics: Historical Context and Some Specific Issues

100%
Daly H. E.
Mekhanizm Rehuluvannya Economiky
|
2013
|
vol. 2 (60)
24-29
EN
In this paper author looks at economic system as a part (subsystem) of ecosystem. The nearer the subsystem approaches the total system in scale, the more it must become like the total system in its basic characteristics – finitude, nongrowth, material closure, and reliance on the flow of sunlight as its main energy source. The path of progress for the economy must shift from quantitative growth to qualitative development. It must enter a phase of sustainable development – qualitative improvement without quantitative expansion – a steady-state economy.
2

Sustainable Development: Definitions, Principles, Policies

100%
Daly H. E.
Mekhanizm Rehuluvannya Economiky
|
2013
|
vol. 3 (61)
9-20
EN
The paper investigates the concept of sustainable development from the neoclassical and ecological economics point of view. Different definitions of sustainability are considered and deep analysis is done in that area. Exactly what is it that is supposed to be sustained in “sustainable” development? Two broad answers have been given. First, utility should be sustained, say the neoclassical economists; that is, the utility of future generations is to be non-declining. The future should be at least as well off as the present in terms of its utility or happiness as experienced by itself. Second, physical throughput should be sustained say ecological economists. More exactly, the capacity of the ecosystem to sustain those flows is not to be run down. The future will be at least as well off as the present in terms of its access to biophysical resources and services supplied by the ecosystem. Author adopts the throughput definition and rejects the utility definition, for two reasons. First, utility is non-measurable. Second, and more importantly, even if utility were measurable it is still not something that we can bequeath to the future. Utility is an experience, not a thing. We cannot bequeath utility or happiness to future generations. We can leave them things, and to a lesser degree knowledge. Reducing poverty is indeed the basic goal of development, but it cannot be attained by growth for two reasons. First, because growth in GDP has begun to increase environmental and social costs faster than it increases production benefits. Such uneconomic growth makes us poorer, not richer.
first rewind previous Page / 1 next fast forward last
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.