Now on to the money market.. Broome states, "the evidence shows that, when people borrow and lend, they often give less weight to their own future well-being than to their present well-being," when discussing if the money market reveals people's ethical judgement about the value of future well-being. He says that most of us are not so foolish as to judge that our own well-being is somehow less valuable in old age than in youth. But then again, we are the NOW generation. We want what we what, when we want it, no matter what the later consequences to us or anybody else may be. We will eat and eat and eat because we like the food, even if we know that down the line we are going to blow up like a balloon from all the food. But do we care? No, because it's what we wanted at that time. Or we will buy that amazing purse even though its $1500, when we can barely afford to pay the $500 a month rent. These kind of decisions are poor ones. These kind of actions show that not only do we not care about others future well-beings, but that many of us don't even care about our own.
Tuesday, April 20, 2010
the $ market.
Broome brings up a lot of good points within this essay. Before I go into the money market claim, I would just like to address a claim that he made that I completely agree with. Broome argues that the benefits that would derive from making changes to help the climate issue now, would mainly come to people in a couple centuries. He states, " the costs of mitigating climate change are the sacrifices the present generation will have to make to reduce greenhouse gases,"(13) and not too many people are willing to do this. There are a lot of selfish people in America and they are only out to earn benefits for themselves. Some people are not going to want to cut back on things that they are doing only to benefit someone in the future. "Why should they care what happens in the future generations if it isn't happening to me?" is their outlook on life. This needs to change. People need to start realizing that the harmful things that we do now will have a HUGE impact on the future generations and it will be our faults.
Now on to the money market.. Broome states, "the evidence shows that, when people borrow and lend, they often give less weight to their own future well-being than to their present well-being," when discussing if the money market reveals people's ethical judgement about the value of future well-being. He says that most of us are not so foolish as to judge that our own well-being is somehow less valuable in old age than in youth. But then again, we are the NOW generation. We want what we what, when we want it, no matter what the later consequences to us or anybody else may be. We will eat and eat and eat because we like the food, even if we know that down the line we are going to blow up like a balloon from all the food. But do we care? No, because it's what we wanted at that time. Or we will buy that amazing purse even though its $1500, when we can barely afford to pay the $500 a month rent. These kind of decisions are poor ones. These kind of actions show that not only do we not care about others future well-beings, but that many of us don't even care about our own.
Now on to the money market.. Broome states, "the evidence shows that, when people borrow and lend, they often give less weight to their own future well-being than to their present well-being," when discussing if the money market reveals people's ethical judgement about the value of future well-being. He says that most of us are not so foolish as to judge that our own well-being is somehow less valuable in old age than in youth. But then again, we are the NOW generation. We want what we what, when we want it, no matter what the later consequences to us or anybody else may be. We will eat and eat and eat because we like the food, even if we know that down the line we are going to blow up like a balloon from all the food. But do we care? No, because it's what we wanted at that time. Or we will buy that amazing purse even though its $1500, when we can barely afford to pay the $500 a month rent. These kind of decisions are poor ones. These kind of actions show that not only do we not care about others future well-beings, but that many of us don't even care about our own.
Subscribe to:
Post Comments (Atom)
I totally agree with you and I used that quote too in my blog post. I really think the fact that we put almost all of our stock in the now versus the then is the reason why there really has been no effectve nationwide action for saving our planet. We live in a society of now...like right NOW!
ReplyDelete