Completion requirements
Common sense tells us that air, water, food, and shelter are fundamental to the survival of humans and businesses. However, the pathway to healthily integrating the two remains a challenge. Read this chapter to explore the important interrelationships between the environment, society, and economics and their importance to sustainable business. What are the merits of both views of economics with limits versus no limits to growth? How do businesses and individuals threaten ecosystems and the environment? What roles can businesses play in addressing environmental challenges as well as the limitations?
2.1 Sustainability Economics
Exercises
- Discuss the merits of both limits to growth perspectives.
- In an online journal, find an article that illustrates an example of tragedy of the commons. Identify the "commons," the individual actors, and the consequence of the situation.