Justice and Economic Growth in a Circular Economy

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Justice and Economic Growth in a Circular Economy

Type: Master thesis
Title: Justice and Economic Growth in a Circular Economy
Author: Schreuder Hes, Mirte
Issue Date: 2017-08-31
Keywords: sustainability
circular economics
economic growth
Abstract: Our economic activities have great effect on the life sustaining systems of our earth. The prevention of rising above a critical ecological ceiling is an important social goal. Simultaneously, a focus on providing all people with a social foundation should be a central endeavour. These goals are inextricably linked; a breach of the ecological ceiling, through human activity, has detrimental effects on the social foundation. In my analysis of these issues in the areas of philosophy and economics I have arrived at the following requirements, which serve as an addendum to Rawls’ principles of justice and his just savings principle. In order to aid the pursuit of intergenerational justice, in particular in the face of anthropogenic climate change, we should: 1. adopt a positive savings rate, so as to explicitly define the obligation to focus our policies on providing for the least well-off transgenerationally; 2. adopt a policy of agnostic growth, where we focus on good climate policy instead of steering for growth, allowing for a Pareto-efficient balance between growth and social welfare from the economic production processes, and 3. embed these policies in circular economy, where resources are protected and a sustainable social environment is nurtured.
Supervisor: Boot, Eric
Faculty: Faculty of Humanities
Department: Philosophy (60 EC) (Master)
Specialisation: Philosophy, Politics and Economics
ECTS Credits: 20
Handle: http://hdl.handle.net/1887/52826

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