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Ethical consumerism (alternatively called ethical consumption, ethical purchasing, moral purchasing, ethical sourcing, or ethical shopping and also associated with sustainable and green consumerism) is a type of consumer activism based on the concept of dollar voting. [1]
This involves essentially converting what was a common-pool resource into a private good. This would prevent that over-consumption of the good as the owner(s) of the good would have an incentive to regulate their consumption in order to keep the stock of that good at a healthy level. Next solution is government intervention.
One variety of critical consumption is the political use of consumption: consumers’ choice of “producers and products with the aim of changing ethically or politically objectionable institutional or market practices.” [6] Such choices depend on different factors, such as non-economic issues that concern personal and family well-being, and issues of fairness, justice, ethical or political ...
Other relationships and roles between generations can be elucidated through adopting certain ethical rules. The Brundtland Commission, for example, defines sustainable development as that which meets present needs without compromising the ability of future generations to do so, [44] which is a libertarian principle.
Behavior change in consumption is a guiding principle for sustainable development policy. However, switching unsustainable consumer behaviors to sustainable ones is far from straightforward. Individual behaviors are rooted in social and institutional contexts. We are influenced by what others around us say and do and by institutional rules.
It is important to recognize that just because corporate environmental responsibility is being recognized that consumption is something that is not discouraged. [10] The idea of corporate environmental responsibility is for humans to be more aware of the environmental impact and counteract their pollution/carbon footprint on the natural ...
Sustainable consumption shares a number of common features and is closely linked to sustainable production and sustainable development. Sustainable consumption, as part of sustainable development, is part of the worldwide struggle against sustainability challenges such as climate change, resource depletion, famines, and environmental pollution.
Degrowth advocates an ethical shift that challenges the notion that high-resource consumption lifestyles are desirable. Additionally, alternative perspectives on degrowth include addressing perceived historical injustices perpetrated by the global North through centuries of colonization and exploitation, advocating for wealth redistribution.