Letter To The Editor - Essay Example

of of lecturer LETTER TO THE EDITOR Own Opinion of Ecological Economics My opinion aligns with the approach that eco-economics puts forward. The outlook of eco-economics is one that focuses on the justice, time and the natural surroundings. The instance thus implies that the subject is one that is holistic in nature. The evidence for the statement is in the way that the topic considers intergenerational equity. The other important factor is the constituents of the subject matter. The analysis includes the intergenerational equity, the uncertainty of the imminent happenings, and the irreversible nature of the changes in the environment and the adoption of sustainable development.

The components depict an important study that is beneficial to humans and their coexistence with the environment that is available in the earth. Societal steps to move from an empty world to a full world The whole global system requires that society equates the production rates with the depreciation rates. The instances call for a demographic transition that is for both humans and people. The other important step is the emphasis on the qualitative sector of the economy. The case implies to the society having more use of the technology and the service industry.

The case will reduce the pressure on the environment. The investments, on the other hand, should also be with a focus on quality improvement or replacement of the same. The taxes that are prevalent in the society also need to change. The taxing should be on value addition rather than the taxing worker and business incomes. The instance of labour intensive employment should replace new production jobs. Individuals should transform into business owners. The situation will ensure they earn their income from a share of the company rather than working on a full-time basis.

The role of eco-economics is a necessity. The political nature of the subject makes the ruling system to favour a system that gives room for the natural laws to be in effect. The ultimate power of the study is the coexistence outlook. The holistic view of the study is thus beneficial.