The impact of ethics on growth and development: Environmental economics versus ecological economics?

Renzo Jiménez Sotelo
Authors registered in the RePEc Author Service: Renzo A. Jiménez-Sotelo ()

MPRA Paper from University Library of Munich, Germany

Abstract: In this paper, it is argued that many of the prescriptions of economic policy to promote growth and achieve development tend to be divergent because they use different moral assessment systems at heart. This happens because the economics cannot define welfare without resorting to any particular ethic. The different ethics chosen explains the relationship between free market speech and the environmental economics and the evolution of the critique made by the ecological economics. This in turn reveals the differences between the concepts of growth and development: all profit needs consumption expenditure, but all welfare does not. Even, paradoxically, promoting indicators of sustained growth should not be a necessary condition for achieving sustainable development.

Keywords: Science; sustained growth; sustainable development; equity; moral philosophy; free market; economic thought; economic policy. (search for similar items in EconPapers)
JEL-codes: A13 B41 D63 D70 H40 I38 Q01 (search for similar items in EconPapers)
Date: 2018-06-13
References: View complete reference list from CitEc
Citations:

Published in Pensamiento Crítico 1.23(2018): pp. 153-182

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/122416/1/MPRA_paper_122416.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:122416

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().