- Thu Mar 08, 2018 2:08 pm
#44284
viewpoint analysis for this passage
Viewpoints:
Author: 1-4, 7-8, 55-59
Neoclassical school of economist: 4-7, 7-8
Some Neoclassical economist: 9-13, 30-36
Steady school economic thought: 14~30, 37-49, 49-55.
Structure.
P1: Steady-state economics argument vs neoclassical how economic growth associated dilemma should be addressed.
P2: two school’s core assumptions regarding growth and resources management are discussed; Differences over steady-state economics and neoclassical arguments over resources management movement and it’s relation to economic growth.
P3: steady - school of economics and neoclassical debate over growth, optical size, one alternative thought introduced that can satisfy both sides, which is introduced by the steady school economic thought, conservation, and author’s opinion regard to that.
Tone: Pretty fair an neutral for both sides describing two opposing sides of economic schools. The author seems to be slightly more in tune with steady school than neoclassical (but not too sure) and seems to welcome the conservation option presented as a solution; the author also seems to want a steady- school economics to develop into the successful school of thought since a current state.
Arguments:
steady-school of the economy :
economy and its growth are dependent on nature. There is optimal size exist for each economy. - growth beyond this optimal size would not be a good idea for nature and economic growth for later. - the western economy’s optimal size is already exceeded their ideal size.
There are alternatives to growth that still accomplish what is required of any economy, the satisfaction of human wants.
Conservation option differs from growth through qualitative manner.
thinking of The ever-growing economy possible is dangerous. The only alternative is to maintain a state in which the economy remains in equilibrium with nature.
Neoclassical school of thought: Growth is unlimited. Growth has itself has a crucial role in a state economy. - only restraining factor to growth is the capital factor. Nature is replaceable. - Replaced naturable factors can be replaced by other elements such as human-made resources; these replaceable factors will allow the economy to continue with its process of unlimited growth.
MP: 1-4, 55-59. (Not too sure)
Good enough?
