- Teacher: MaryEllen OGrady Harvey
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2016 Course Description and Objectives:
How can the economy be harnessed to serve world sustainability? What makes this question so ironic is that the growth in the physical scale of the economy and its rapacious character under economic globalization has depleted resources, destroyed ecosystems, overwhelmed natural waste disposal sinks, waged war on subsistence cultures, and produced shocking maldistribution of wealth and income. How, then, can the economy be turned around to reinforce sustainable development rather than to destroy ecosystems, resource endowments, and indigenous cultures? This alchemy must be resolved to promote sustainability.
The now familiar definition of sustainable development from the Brundtland Commission Report, World Commission on Environment and Development, defines sustainable development as: "development that meets the needs of the present without compromising the ability of future generations to meet their own needs." How adequate is this definition? Can the precept adequately define guidelines for policy prescription and ethical principles? Does it ensure justice? Will democracy be nurtured? What economic strategies can promote sustainability? Has the concept been distorted to serve narrow commercial interests?
The Economics of Sustainability takes up the challenge of working out an ethical and strategic analysis upon which to base civic action, public policy, and normative legitimacy. The global economy, a robust engine of change, must generate world sustainability rather than amplify entropy or indulge corporate interests. This challenge must include but transcend notions of a green economy and must extend its principles globally.
- Teacher: Gregg Sgambati
- Teacher: Vinitha Phillip
- Teacher: Alexander Bogdanowitsch