Economic Evaluation, Cost-Benefit Analysis, Economic Ethics - A Review with Regard to Climate Change - Figures in the Sustainability Discourse (Hardcover, 1st ed. 2022)

With cost-benefit analysis, economic sciences cultivate a specific decision-making procedure, which has also been partially adopted in politics. Although economists do not experience the approach as normative, on closer examination the approach can be identified as an economic ethics. The present philosophical and at the same time transdisciplinary (with special legal and economic components) treatment examines the persuasive power of this approach using climate change as an example, as the most important sustainability issue. The objections raised against the economisation of decision-making with regard to the utilitarian tradition, such as the criticism of the orientation towards weighing up options, the alleged lack of distributive justice or the tendency to describe people in behavioural science as selfish, are hardly or not at all convincing on closer examination. In several respects, however, it turns out that cost-benefit analysis faces insoluble problems. Firstly, the theoretical basis of (hidden normative) cost-benefit analysis in philosophical empiricism does not seem tenable. This means the idea of empiricism that normative questions must be transformed into questions of factual (countable and reproduceable) preferences of people. Secondly, there are massive collisions of cost-benefit analysis with a liberal-democratic constitutional law, whose principles are universal ethical principles. This concerns both freedom rights (which must not depend on the ability of humans to pay) and the model of democracy and respect for the rule of law. Thirdly, insoluble problems of application arise for cost-benefit analyses, which are particularly (but not only) apparent in the context of climate protection, in general considerations as in the case of legislation as well as in individual analyses, as done when constructing a coal-fired power plant. A strongly deflated cost-benefit analysis could nevertheless contribute factual material - such as partial aspects of decision consequences that can actually be depicted in monetary terms - to ethical or legal decision-making processes. In this respect the approach appears helpful and complementary, but not beyond that.

General

Imprint:	Springer Nature Switzerland AG
Country of origin:	Switzerland
Series:	Environmental Humanities: Transformation, Governance, Ethics, Law
Release date:	June 2022
First published:	2022
Authors:	Felix Ekardt
Dimensions:	235 x 155mm (L x W)
Format:	Hardcover
Pages:	157
Edition:	1st ed. 2022
ISBN-13:	978-3-03-099283-5
Categories:	Books > Humanities > Philosophy > General Books > Social sciences > Politics & government > Political science & theory Books > Earth & environment > The environment > Environmentalist thought & ideology Books > Earth & environment > The environment > Environmental economics > Sustainability Books > Philosophy > General Promotions
LSN:	3-03-099283-7
Barcode:	9783030992835

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!