Describe the challenges of ecological economics. How can an economic system address the issue of externalities equitably? How can the rate of consumption and waste generation be balanced while maintaining a growing population?
As Wendell Berry noted, the mantra of American consumerism is "when faced with abundance one should consume abundantly" -- an idea that "has survived to become the basis of our present economy" (as cited in Clark, 2005, p. 1). It is this attitude that is ...
A paragraph response on some challenges of ecological economics.