Each year many economists join the increasing body of their
peers who believe that economic growth, as defined by increased through-put of resources,
yields an increasing amount of waste and pollution that is forcing us toward
global calamity.
The Earth, after all, is not inexhaustible…it is in fact
finite. We have a limited amount of water to sustain life; limited land to grow
our food; a limited quantity of resources from which to make things; and
limited space in which to store the waste that we create. The Earth is finite…not
infinite.
And it is these facts that drive the Ecological Economists
who believe that we must change our cultural and economic direction toward
continued growth driven by our markets in our capitalist economic system. We
need to limit, even stop growth in its tracks, and in its place we need to promote
economic and political processes that will promote excellence that will enhance
the quality of life for all while working to meet the sustainable demands or
our current and future civilization.
There are two types of Sustainability; Strong and Weak.
Strong Sustainability argues and strives for positive action that fully
protects the environment and human health. In Strong Sustainability the
environment is sustained, and Natural Capital is sustained. In Weak
Sustainability economic growth is sustained…you see, in the weak approach
Natural Capital can be consumed as long as there is a substitute for it, like
manmade capital.
Which is better? Difficult question. Sustainability is
intent on supporting the Environment, the Economy, and Equity…both globally and
for future generations. In the strong approach these will be maintained through
positive actions that retain and share…while protecting all. In the weak
approach resources and species will go away, but there will be other things
left to provide for Equity.
Today’s industrial giants and their sponsors in Government
fully support economic growth, so how will we reverse this centuries old trend?
No answers there… that’s the point. Growth is what our institutions are engaged
in, and they are not going to readily give that up. But if they don’t we will
not be able to overcome the slippage that we suffer in our current programs,
slippage that allows the bypassing of regulations, or the intentional refusal
to comply in full by many organizations who deliver more and more pollution to
our doorstep with each hour of production.