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A social contract approach to sustainability

dc.creatorDanese, Giuseppespa
dc.date.accessioned2020-08-06T16:20:28Z
dc.date.available2020-08-06T16:20:28Z
dc.date.created2017-05-30spa
dc.description.abstractThis paper asks whether it is possible to derive a concern for future generations (‘‘sustainability’’) from an account of the firm as a social contract (SC) among its stakeholders. Two aspects of a leading SC model of the firm limit its usefulness for an analysis of sustainability. First, the stakeholders provide investments to the firm over time. Second, the relationship between contemporaries and future generations is marked by asymmetries of power and knowledge that need to be considered while reconstructing the SC today. I discuss three reformulations of the SC that are all, in principle, capable of introducing within the SC a concern for future generations. The first describes the contractors as heads of families. The second envisages a grand meeting of stakeholders of all generations. The third, which I find most defensible, views the SC as an ahistorical agreement reached behind a thick veil of ignorance. This agreement is based on John Rawls’s norm of reciprocity, whereby the stakeholders adopt today the decision they wish all previous (and future) generations had made regarding the rate of consumption of natural resources and emission of pollutants.eng
dc.format.mimetypeapplication/pdf
dc.identifier.doihttps://doi.org/10.1007/s12232-017-0275-6
dc.identifier.issnISSN: 1865-1704
dc.identifier.issnEISSN: 1863-4613
dc.identifier.urihttps://repository.urosario.edu.co/handle/10336/26021
dc.language.isoengspa
dc.publisherSpringer Naturespa
dc.relation.citationEndPage339
dc.relation.citationIssueNo. 4
dc.relation.citationStartPage327
dc.relation.citationTitleInternational Review of Economics
dc.relation.citationVolumeVol. 64
dc.relation.ispartofInternational Review of Economics, ISSN: 1865-1704;EISSN:1863-4613, Vol.64, No.4 (2017-12);pp.327–339spa
dc.relation.urihttps://link.springer.com/article/10.1007%2Fs12232-017-0275-6spa
dc.rights.accesRightsinfo:eu-repo/semantics/restrictedAccess
dc.rights.accesoRestringido (Acceso a grupos específicos)spa
dc.sourceInternational Review of Economicsspa
dc.source.instnameinstname:Universidad del Rosario
dc.source.reponamereponame:Repositorio Institucional EdocUR
dc.subject.keywordSocial contractspa
dc.subject.keywordSustainabilityspa
dc.subject.keywordReciprocityspa
dc.subject.keywordFuture generationsspa
dc.subject.keywordJohn Rawlsspa
dc.titleA social contract approach to sustainabilityspa
dc.title.TranslatedTitleUn enfoque de contrato social para la sostenibilidadspa
dc.typearticleeng
dc.type.hasVersioninfo:eu-repo/semantics/publishedVersion
dc.type.spaArtículospa
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