Professional Documents
Culture Documents
• Should we care about the species that are disappearing (panda)? Why?
• Do you agree?
• Many people still hold this view and are only concerned about
pollution because it could compromise humans interests.
Critique
• We will take care of nature only if we accept the view that nature is
valuable in itself and that by virtue of its intrinsic value we are
obligated to respect and preserve it.
Environment & Businesses: Systems Perspective
• Ecological Systems: An ecological system is an interrelated and
interdependent set of organisms and environments.
• Business firms and humans are part of a larger ecological system.
• Due to inter-dependence, the activities of one of part of the ecological
system will affect all the other parts and the well-being of each part
depends on the wellbeing of the other parts.
• No one survives alone.
Ecological Ethics
• Members of Earth First! have driven nails into randomly selected trees of
forest areas scheduled to be logged so that power logging saws are
destroyed when they bite into the spiked trees in order to protect forests.
• Private Cost: The cost an individual or company must pay out of its
own pocket to engage in a particular economic activity.
• Social Cost: The private internal costs plus the external costs of
engaging in a particular economic activity.
• Second, producers ignore these costs and make no attempt to minimize them like
they minimize their other costs.
• Third, goods are no longer efficiently distributed to consumers (and overall society).
Some end up paying more than others (medical bills etc.).
• Fourth, the consumer rights protected in a free market are not protected anymore.
• Suppose the government decides to go ahead with this technology after a C-B
analysis even though the public disagrees. Is that fine?
• What if the public doesn’t understand the costs & benefits adequately and
media biases their opinion? What should the government do in such a case?
• C-B analysis ignores the question whether the costs involved are voluntarily
accepted by those who must bear them or whether they are unilaterally
imposed on them by others in violation of their rights. Nuclear waste for
example.