Mr. Rifkin made four (4) arguments in the campaign debate to explain his policy

Question

Mr. Rifkin made four (4) arguments in the campaign debate to explain his policy option for global sustainable development pertaining to economic, social and environmental concerns in the policy package.

First of all, Mr. Rifkin said that President Bailey’s proposal for global sustainable development by encouraging the rapid economic growth in a free global market is a bad idea. Mr. Rifkin said, “it will lead the intolerable impact on human-being and environment”. Mr. Rifkin said that the argument made by Mr. Bailey about “preserving the environment, eradicating poverty, and limiting economic growth are incompatible goals”, “sustainable development results in economic stagnation and threatens both the environment and the world’s poor”, and “vigorous economic growth in a free market provides wealth for all and leads to environment protection” were not convincible. He argued that such capitalism model is not the best choice for the global economy. On the Contrary, it had induced a vicious cycle of economic stagnation, poverty and inequality

Second, Mr. Rifkin argued that sustainable development is compatible with human welfare. It is crucial to establish and maintain the functional human welfare to help people experience a higher quality of life. He demonstrated his argument by European model and said, that “Europe has left America behind in the race to create a sustainable society”. Mr. Rifkin said that, “in many ways, Europeans experience a higher quality of life than the American” He said, the clear evidence is that, in the long run, cooperation rather than competition is sometimes surer path to happiness.

Third, Mr. Rifkin said, we need adopt a new policy on the use of the precautionary principles to regulate science and new products derived from technology innovation due to “uncertain effects” in the society. He argued that when there is sufficient evidence to suggest a potential negative impact, but not enough to know for sure, the precautionary principle allows regulatory authorities to err on the side of safety, also allows government to respond with a lower threshold of scientific certainty than in the past

Fourth, Mr. Rifkin said, we shall approach a risk-prevention era from risk-taking age for sustainable development; he said, we shall make the kind of risk prevention regulatory regime to ensure environment safety, also need regulate the economic behaviors at global level. He states, for this point of view, that the Europe has leaped ahead of the U.S. to become the most environmentally advanced political space in the world

What suggestion or recommendations you are able to provide to Mr. Rifkin to make this arguments stronger?

Explanation / Answer

sustainability is a simple concept; everything that we need for our survival and well-being depends, either direcly or indirectly, on our natural environment. sustainability is an economic state where the demand placed upon the environment by people and commerce can be met without reducing the capacity of the environment to provide for future generations. it can also be expressed in the simple terms of an economic golden rule for the restorative economy; leave the world better than you found it, take no more than you need, try not to harm life of environment, make amends if you do.

sustainable development is a broad, concept that balances the need for economic growth with environmental protection and social equity. it is a process of change in which the exploitation of resources, the direction of investments, the orientation of technological development, and institutional change are all in harmony and enhance both current and future potential to meet human needs and aspirations. sustainable development is a broad concept and combines economics, social justice, environmental science and management, business management, politics and law.

when it comes to the presented case; they were assumed the because of sustainable development the soical inequalities still increases and it creates more problems. but it may not be the right assumption; the fundamental principle of sustainable development agreed by the world community are:

1. principle of intergenerational equity: it says the need to preserve natural resources for future generations

2. principle of sustainable use: use of natural resources in a prudent manner without or with minimum tolerable impace on nature

3. principle of equitable use: use of natural resources by any state or country must take into account its impact on other states

4. principle of integration: environmental aspects and impacts of socio-economic activities should be integrated so that prudent use of natural resources is ensured.

if we consider all the above said factors, it can be observed that the application of sustainable development is good and considers well being of all kinds of people in society.

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