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The Environment as an Input to Production and as a Provider of Amenities

In: Business Ethics and the Environment

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  • Richard M. Robinson

    (SUNY Fredonia)

Abstract

The rhetoric of welfare analysis concerning the often-cited hypothetical tradeoffs of environmental amenities versus industrial production is analyzed here. These tradeoffs also pertain to the problems of equity for future generations and people at distance. A Rawlsian analysis of these equity problems is presented as an ethical solution. The rhetoric of the “Coase Theorem,” and its weakness, forms a substantial component of this notion of welfare efficiency as reviewed here. The cost–benefit analysis for government-provided environmental-related projects is also reviewed, and this includes the methodology for current evaluation of impacts on our environmental quality. An appendix concerning utilitarian philosophy, its logical difficulties, and its place in the rhetoric of environmental discourse is also presented.

Suggested Citation

  • Richard M. Robinson, 2025. "The Environment as an Input to Production and as a Provider of Amenities," Springer Texts in Business and Economics, in: Business Ethics and the Environment, chapter 8, pages 145-176, Springer.
    • Handle: RePEc:spr:sptchp:978-3-032-04137-1_8
    DOI: 10.1007/978-3-032-04137-1_8
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