Abstract
The new paradigm of sustainable development has not yet penetrated all of the business sciences. Although the concept has found its way into management studies in business administration programs, as well as into marketing and other subdisciplines, most economists have ignored the topic. Two contrasting positions are identifiable in the relatively few publications to date that deal with this subject: The position advocated in neoclassical economics stands in irreconcilable opposition to that of “ecological” economics. The proponents of both disciplines, however, initially start with the premise of intergenerational equity, which states that the lifestyles of current generations may not jeopardize the quality of life of future generations (WCED, Our common future, Oxford, 1987, p. 43).
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von Hauff, M. (2016). Sustainable Development in Economics. In: Heinrichs, H., Martens, P., Michelsen, G., Wiek, A. (eds) Sustainability Science. Springer, Dordrecht. https://doi.org/10.1007/978-94-017-7242-6_8
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DOI: https://doi.org/10.1007/978-94-017-7242-6_8
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