Professor: Today we’re going to talk about the debate between economic growth and protecting the environment. Economic growth creates new jobs and gives people money they can use to improve their lives. On the other hand, if we protect the environment it can be enjoyed both by ourselves and future generations. If you had to choose between prioritizing economic growth or protecting the environment, which one would you choose. Why?
Alex: I would prioritize the environment. We only have one planet and if we don’t take care of it, we won’t have pleasant lives in the future. Economic growth can be important, but not at the expense of the environment. I think we need to shift towards more things such as investing in renewable energy and promoting environmentally-friendly technologies. We’ll all live much healthier lives if the world around us is clean.
Maggie: While I agree with Alex that environmental sustainability is important, I think that economic growth is the only way to solve many of the social and economic problems we face. We need a strong economy to create jobs, reduce poverty, and improve standards of living. Not only that, but when companies grow stronger and more profitable, they can develop new technologies that solve our environmental problems.
Points made by both Alex and Maggie seem reasonable, but I support the opinion that environment should be a top priority. Corporations which hold much of today’s value are rarely interested in various socially beneficial initiatives. I think that their incentives are mostly about public relations and tax-evasion than preserving long-term sustainability. While investments made into renewables and green initiatives promotion sound fair, damages made to nature are so profound that without strong government support we wouldn’t been able to overcome them. While Maggie mentions the possibility of companies to develop environmentally-friedly technologies, it is not a guarantee that capitalists will do that, apart from that only a fraction of modern corporations are working in sectors related to energy or ecology.
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