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Economic Theories on Sustainability - Dictionary of Arguments

Mause I 404
Sustainability/Economic Theory: The principle of sustainability does not only focus on the direct environmental effects on humans, but also takes into account all those damages to animals and plants that can have an effect on humans (Cansier 1993, p. 17 (1) Rogall 2012, p. 41ff (2)).
From the point of view of intergenerational justice, the core issue is the preservation of the "natural capital stock". Three general objectives are derived from this for environmental policy:
(1) Irreversible damage to environmental goods shall be avoided by not exceeding the natural absorption capacity of the environmental media.
(2) For non-renewable natural resources, alternatives must be developed through technological innovations in order to enable future generations to satisfy similar needs.
(3) The reduction of renewable resources shall not exceed their natural regeneration rate. See also Endres 2000, p. 314ff(3).

1. Dieter Cansier, Umweltökonomie. Stuttgart/ Jena 1993.
2. Holger Rogall, Nachhaltige Ökonomie. Ökonomische Theorie und Praxis einer Nachhaltigen Entwicklung, 2.ed. Marburg 2012.
3. Alfred Endres, Umweltökonomie, 3. ed. Stuttgart 2000.

Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments
The note [Author1]Vs[Author2] or [Author]Vs[term] is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.
Economic Theories
Mause I
Karsten Mause
Christian Müller
Klaus Schubert,
Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018

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