Public Theological Remarks on Time Discounting and Intergenerational Justice

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" Public Theological Remarks on Time Discounting and Intergenerational Justice "
Izak Johannes (Johan) van der Merwe

Document Type	:	AL
Record Number	:	1069565
Doc. No	:	LA113194
Call No	:	‭10.1163/15697320-12341238‬
Language of Document	:	English
Main Entry	:	Izak Johannes (Johan) van der Merwe
Title & Author	:	Public Theological Remarks on Time Discounting and Intergenerational Justice [Article]\ Izak Johannes (Johan) van der Merwe
Publication Statement	:	Leiden: Brill
Title of Periodical	:	International Journal of Public Theology
Date	:	2012
Volume/ Issue Number	:	6/3
Page No	:	329–346
Abstract	:	This article inhabits an interdisciplinary space between ecological economics and public theology. After the publication of the 2007 Stern report a debate ensued about the way the economic tool of time discounting is applied as a means to assess the cost of climate change. In this article, the debate is reviewed and the notions of intergenerational justice, sacrifice, stewardship and servant leadership in the Christian tradition are subsequently identified as valuable resources that are recognized by a growing number of philosophers, economists and business leaders, as being of benefit to the conversation on the present generation’s responsibilities to future generations. Time discounting is regarded in this article as a morally questionable economic method to weigh the costs of climate change. This article inhabits an interdisciplinary space between ecological economics and public theology. After the publication of the 2007 Stern report a debate ensued about the way the economic tool of time discounting is applied as a means to assess the cost of climate change. In this article, the debate is reviewed and the notions of intergenerational justice, sacrifice, stewardship and servant leadership in the Christian tradition are subsequently identified as valuable resources that are recognized by a growing number of philosophers, economists and business leaders, as being of benefit to the conversation on the present generation’s responsibilities to future generations. Time discounting is regarded in this article as a morally questionable economic method to weigh the costs of climate change.
Descriptor	:	climate change
Descriptor	:	intergenerational justice
Descriptor	:	sacrifice
Descriptor	:	sustainability
Descriptor	:	time discounting
Location & Call number	:	‭10.1163/15697320-12341238‬