RUNNING HEAD : Economics EthicsEconomics Ethics of Sustainable DesignName of StudentName of state CourseName of Professor21 October 2008 1 . Social Ecology principles state that the environmental is a result of the hierarchical power structure at shopping mall of our society . Do you believe this is the caseThe hierarchical power structures at the heart of our society are affect the behavior of world and influence them strongly in directing their behavior to things they may realize after deep pattern that they have been controlled by such power structures . The desire to have many satisfying things , for example , is driving many to resort to all doable factor of acquiring more wealth at the disbursal of having to exploit the environment in the name of more stinting or more commercial power brought by neat wealthier .
Thus in philosophy , which deals about human thought , there is such a thing as philistinism or its extreme form where everything is justified in increase the wealth of many . This is very true in incorporated finance where the main consideration is wealth maximization of the stockholders (Van Horne , 1992 . weakness to attain this objective , managers have no business campaign corporations . This is justified on the ground of finance and economics that pass into business carries with it cost of capital . In other linguistic process , there is the economic concept of opportunity cost . This means that the money invested in the corporations by stockholders must produce returns higher(prenominal) than cost of capital or cost of doing...If you want to withdraw a full essay, order it on our website: Orderessay
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