Monday, May 2, 2011

Economics & Environment

I feel that a lot of where we are at now economically can be attributed to increased awareness of environmental issues in recent times.  Many companies and government agencies have used "Going Green" as marketing campaigns as well as policy.  This directly affects the ways companies operate business decisions as well as the way consumers spend their money.  On the other side of the coin, many companies show complete disregard for the environment in order to cut costs and see the highest bottom line.  Economies may benefit in the short run by these decisions as GDP increases for that year but in the long term consequences are dire when we have run out of resources and end up being very inefficient.

Issues such as global warming, pollution, land destruction, among other detriment to the environment have all occurred because of economic pressures and for the "convenience" of people.  Billions of tax dollars are being spent on wars fought over natural resources such as oil.  Natural disasters like Hurricane Katrina destroy local economies, putting many residents out of work as well as owners out of business.  This disrupts all types of flow within small economies, which later affects bigger economies.

We exist within our environment, which means everything is affected by it.  Environment can place economic constraints on nations and it can allow nations to flourish when they take advantage of it.  The influence is definitely larger than it may seem on the surface.

Ok bye.

2 comments:

  1. "Issues such as global warming, pollution, land destruction, among other detriment to the environment have all occurred because of economic pressures and for the "convenience" of people." Yes, most definitely true--I think you are on to something when you point out that "we exist within our environment"--that if we work with it, we "flourish." Good analysis....

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  2. Perhaps, Now is the time that economic should care our environment. I strongly agree with "We exist within our environment, which means everything is affected by it" I always think people should realize that environment is more important than economic.

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