Friday, November 30, 2012

The Matrix (2nd Issue)

Second Issue: Environmental
How should the company produce energy with minimal environmental damage?
How should the company act towards the goal of sustainable development?

Economic Liberalism:
(Solutions) The company uses the best technology to lower carbon emissions and reduce toxic pollution. Emissions testing and community feedback can help in environmental standards. For example, Mirant uses technology to minimize pollution.
(Strengths) Using clean and efficient technology enables firms to produce without harming the environment. Testing and evaluation on the environment can create a cleaner and better system for the company.
(Weaknesses) Buying the cleanest and most efficient technology entails a great deal of money. Only the biggest and most profitable firms can afford and justify this huge investment. Smaller companies may have to use other means or technology.

Neomercantilism:
(Solutions) The government makes the environmental programs and standards that all firms follow. The company has environmental programs that improve Filipino communities. For example, Mirant has a program to plant mangrove forests.
(Strengths) Because the state knows more about the country’s environmental concerns, the country’s communities and natural resources and are better off. The state has more money to deal with environmental problems.
(Weaknesses) Because environmental policy is centralized on the government, programs and reaction to natural disasters and pollution can become delayed or inefficient. People may pay more taxes for the state environmental programs.

Rational Choice:
(Solutions) The company creates environmental awareness and programs to get the most benefit. For example, Mirant publishes that it abides by international environmental standards and has programs to promote clean energy.
(Strengths) Self-interest could lead the company and communities to care for the environment as long as there is mutual benefit. Since the concern is not forced, people can help the environment longer and even enjoy it.
(Weaknesses) Environmental goals that demand much work and money may not appeal to the self-interests of the company or the community. The environmental policy of the state can also conflict with the business goals of the company.

Neo-Marxism:
(Solutions) Since the state owns the company and controls all economic activities, the government also regulates production to become sustainable. The capitalists and proletariats must work together to create a better environment.
(Strengths) Nature can experience less pollution and damage because the state controls production. There will be less exploitation of natural resources and more equity between the people, the state and the earth.
(Weaknesses) Since the state controls the company, scientific innovation and alternative environmental programs could be lost in favor of the state environmental policy. Since government pays for everything, there may be less incentive to conserve.

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