Robert Solow's view of intergenerational equity
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2. Summarize in your own words Robert Solow's view of using substitutability in applying intergenerational equity to environmental policy. Do you agree with this view? Why or why not?
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The expert summarizes Robert Solow's views of using substitutability in applying intergenerational equity to environmental policy.
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Robert Solow's view of sustainability is essentially one of fungibility. In other words, we don't necessarily have to focus on a single type of capital; different types of capital can substitute for each other, allowing future generations to obtain the same standard of living which we enjoy today. In his own words:
"The duty imposed by sustainability is to bequeath to posterity not any particular ...
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