19 Questions
What conundrum does humanity face in the 21st century?
The widening gap in economic power and ownership
What did the Chemical & Engineering News 'Special Report' predict in 1972?
The spread of war from countries to regions to the world
What is a major problem highlighted in the text?
The unequal distribution of economic power and ownership
Why do most people suffer under both capitalism and socialism?
They lack ownership of the means of production
What is the consequence of rising levels of consumer credit, according to the text?
All of the above
What is the primary goal of the graduated personal income tax and the corporate income tax, according to the text?
Preventing monopolistic concentrations of capital
What does the text suggest is necessary for effective, long-term solutions to global crises?
The application of logically consistent and morally sound principles
What do people on the left believe the 'Third Way' to be?
A form of socialism with a capitalist whitewash
What did the Washington Post editorialize about the 'Third Way'?
It does not exist
What is lacking in a 'Just Third Way'?
A coherent theory and principles of economic justice
What does the 'Just Third Way' propose as an alternative model of development?
A new vision for countries to succeed within the global marketplace
What is one effect of globalization on the United States?
All of the above
What is the current system of economic globalization producing, according to the text?
An ever-widening and dangerous gap in economic power and economic self-determination
What flaw do prevailing capitalist, socialist, and mixed economic systems share, according to the text?
Concentrating power and property in the hands of a few
What is the defining principle of justice that the current economic paradigms lack, according to the text?
A focus on the dignity of every human person
What happens when the power to produce is rising rapidly but the power to consume marketable goods and services is shrinking or confined to a stagnant or shrinking consumer base?
Producers are forced to cut costs, resulting in substandard production processes and shoddy goods that harm the environment
What is the toll on the economy of damage to the environment?
Rising health costs and other unforeseen consequences of poor stewardship of land and natural resources
What is one potential solution to prevent harm to others and the environment caused by pollution?
Applying appropriate technologies to recapture and turn pollutants into productive resources
What does economic globalization mean for most people?
Growing gap between rich and poor, technological alienation of the worker, and wage arbitrage
"Addressing Environmental Damage: Strategies for Sustainable Production and Consumption" Discover effective solutions to mitigate environmental damage caused by rapid production growth and shrinking consumer base. Explore strategies to cut costs while maintaining affordable goods and services, ensuring sustainability for a better future.
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