Consider economic growth and thinking about the social

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Question 1: In considering this case, this recent story on the Amazon and drilling for oil connects to growing complexity of our world. It enables us to consider economic growth and thinking about the social ecological system effects. Also, it is another example of corporations in general, in their pursuit of wealth and power, and lack of consideration and responsibility towards the common good and the biosphere.

What are the primary ethical concerns of this case? In sharing your answer, frame it using one of the ethical theories and also bring in other concepts learned during the course to demonstrate your gained knowledge and understanding in addressing such societal challenges.

QUESTION 2

Define the 'Tragedy of the Commons' or 'Tragedy on the Horizon' and how would you apply the theory to this case? From a systems perspective what is at stake, and who are the community members (stakeholders) that are connected to this case?

QUESTION 3

In critically analyzing this case, some would argue that this abuse of wealth/power is a result of our capitalist system that encourages greed and profit maximization, etc. In Module 9, Yanis Varfoufakis and Gillian Tett debated on how capitalism needs to be re-imagined or majorly tweaked. Considering this, what elements of the capitalist system need to be addressed, and what possible negative outcomes do you sense from the case? In a positive light, moving forward how do we re-image desired futures and what strategies/pathways can be used? What actions can emerging leaders take to encourage diverse perspectives/frameworks in organizations?

 

Reference no: EM133507439

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