Durning Writes That We Will Have to Change Several Things

question 47

Essay

Durning writes that we will have to change several things to have a sustainable future, but most of all, he claims, we will need to change our values. Which values does he argue that we ought to change? How does he propose that we accomplish this shift? Do you think that his assessment of our values is accurate and his suggested shift feasible? Why or why not? Do you agree that we need to shift our values to moderate our consumption? Explain.

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Definitions:

Net Investment

The total a company invests in new capital assets, minus the cost of depreciation.

Bondholders

Individuals or institutions that hold the debt securities issued by governments or corporations, entitled to receive interest payments and the principal on maturity.

Common Stockholders

Individuals or entities that own shares of common stock in a company, granting them certain rights like voting on corporate matters.

Corporation

A legal entity recognized by law as separate from its owners, with its own rights, privileges, and liabilities, capable of conducting business, owning assets, and being taxed.