Environment, Economics, and Ethics

1
Environment, Economics, and Ethics

• BA107 Session 11

2
Agenda for today

• Final Midterm Review
• Analyze This Environment, Economics, and
  Ethics
• Video Take It and Like It
• Discussion
• Plan for next time

3
More Review of the Midterm and more
suggestions on final

• An outline is strongly recommended
• Read carefully for 5 minutes
• Spend another 10 minutes on the outline
• Structure!
• Be thorough, argue from all sides
• Be careful with strong statements
  generalizations

4
Topics Final

• Ethics
• Utilitarianism
• Some mistakes Hedonism and Rule Utilitarianism
• Kant Deontology
• Rawls Social Justice
• Ethical Relativism
• Ethical Fundamentalism

5
Topics Final

• Corporate Social Responsibility
• Friedman
• Dayton
• Reich
• Economic, legal, ethical, philantropic
  responsibility
• Globalization Ethics CSR
• Business Politics
• Regulation
• Corporate Governance
• Employee Stakeholders Discrimination
• Environment

6
Environment, Economics, and Ethics An Exercise

• Video outline of Take it and like it, 2003,
  C9628, MRC, 26 minutes
• Theme Why would a town accept 70,000 tons of
  nuclear waste in its own backyard?
• 0-6 history of the Nevada town, up and down of
  the local economy, mining, tourism, military test
  yard
• 6-11 nuclear the history of a weapon
• 12-15 nuclear civilian use
• 15-18 the dark side of the super power tons
  of radioactive waste, and the headache of finding
  a bury site
• 18-25 Screw Nevada Act (SNA), winners and
  losers, econ vs environment, many voices

7
How to analyze it?

• Who are the stakeholders? What do they care
  about?

• Who will benefit from SNA? Who will lose?

• What are the economic gains and losses? Are those
  gains and losses short-term or long-term?

• What about political, environmental, and ethical
  issues?

8
How to analyze it?

• Are there other ways for the town to get out of
  the economic downturn?

• Why would some politicians support or oppose SNA?
  Is it ethical to do so? What about local
  residents?

• Future generations should they be considered?