Capitalism vs. Socialism: Which fosters sustainability?
Capitalism and socialism both foster sustainability, just in different ways. A socialist run country could be better than a capitalist run country if the government is fully committed to creating a sustainable environment. However, if the government cares more about other things than the environment, like some of the old Soviet systems, than there is nothing the citizens or anyone else can do to help the environment. Because the government controls every aspect of your life, they have to be the ones to initiate sustainable efforts. In a capitalist based society, there is more responsibility on the citizens to make sustainable efforts. The problem is finding the right balance between controlling environmental issues while maintaining the social status quo and keeping the right economical balance.
Below are listed some important figures and issues in sustainability:
John Muir-Scottish immigrant to America in the mid nineteenth century; wrote Mountains of California; walked across most of North America; established Yosemite National Park in 1890
Gifford Pinchot-Teddy Roosevelt appointed him the first director of the US Forest Service; aim of conservation: "greatest good for the greatest number for the longest time"
Rachel Carson-destruction of wildlife, She became a full-time nature writer in the 1950s
Tragedy of the Commons- economic theory by Garret Hardin; The tragedy of the commons is an economics theory by Garret Hardin according to which the depletion of a shared resource by individuals, acting independently and rationally according to each one's self-interest, act contrary to the group's long-term best interests by depleting the common resource.