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For example, according to weak sustainability, replacing a natural forest with a park or agricultural land can be considered sustainable if the recreational or economic value equal the value of the biodiversity lost and further environmental impact caused. According to strong sustainability, cutting down trees in a natural forest and planting ...
Transformation problem: The transformation problem is the problem specific to Marxist economics, and not to economics in general, of finding a general rule by which to transform the values of commodities based on socially necessary labour time into the competitive prices of the marketplace. The essential difficulty is how to reconcile profit in ...
Details around the economic dimension of sustainability are controversial. [1] Scholars have discussed this under the concept of weak and strong sustainability. For example, there will always be tension between the ideas of "welfare and prosperity for all" and environmental conservation, [8] [1] so trade-offs are necessary.
Sustainability studies analyse ways to reduce resource intensity (the amount of resource (e.g. water, energy, or materials) needed for the production, consumption and disposal of a unit of good or service) whether this be achieved from improved economic management, product design, or new technology.
External political and economic factors. In a weak economy, projects should not be too complicated, ambitious or expensive. Realistic duration. A short project may be inadequate for solving entrenched problems in a sustainable way, particularly when behavioural and institutional changes are intended.
In order to achieve sustainable consumption, two developments have to take place: an increase in the efficiency of consumption, and a change in consumption patterns and reductions in consumption levels in industrialized countries and rich social classes in developing countries which have a large ecological footprint and set an example for ...
Environmental issues with war — Agent Orange • Depleted uranium • Military Superfund site (Category only) • Scorched earth • War and environmental law • Unexploded ordnance Overpopulation — Burial • Overpopulation in companion animals • Tragedy of the commons • Gender Imbalance in Developing Countries • Sub-replacement ...
The rate or type of economic growth may have important consequences for the environment (the climate and natural capital of ecologies). Concerns about possible negative effects of growth on the environment and society have led some to advocate lower levels of growth, from which comes the idea of uneconomic growth and Green parties which argue that economies are part of a global society and a ...