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Escaping the Loop of Unsustainability: Why and How Business Ethics Matters for Earth System Justice

Schneider, Anselm and Murray, John LU orcid (2024) In Journal of Business Ethics
Abstract
Contemporary society operates beyond safe boundaries of the Earth system. Returning to a safe operating space for humanity within Earth system boundaries is a question of justice. The relevance of the economy—and thus of business—for bringing society back to a safe and just operating space highlights the importance of business ethics research for understanding the role of business in Earth system justice. In this commentary, we explore the relevance of business ethics research for understanding the crucial role of business in the dynamics of the Earth system. We do so by integrating the perspectives of business ethics and system-oriented sustainability science on the basis of the theory of metabolic rift, which explains how the dynamics of... (More)
Contemporary society operates beyond safe boundaries of the Earth system. Returning to a safe operating space for humanity within Earth system boundaries is a question of justice. The relevance of the economy—and thus of business—for bringing society back to a safe and just operating space highlights the importance of business ethics research for understanding the role of business in Earth system justice. In this commentary, we explore the relevance of business ethics research for understanding the crucial role of business in the dynamics of the Earth system. We do so by integrating the perspectives of business ethics and system-oriented sustainability science on the basis of the theory of metabolic rift, which explains how the dynamics of capitalism result in the destruction of the natural environment. On this basis, we argue that a mutually reinforcing relationship between perpetual economic growth and profit seeking behaviour of business, which we call the loop of unsustainability, continually deepens the metabolic rift and keeps business from effectively contributing to Earth system justice. This perspective allows us to formulate firm-level and system-level preconditions for attaining Earth system justice, and to sketch a research agenda that links business ethics scholarship with questions of Earth system justice. (Less)
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author
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organization
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type
Contribution to journal
publication status
epub
subject
in
Journal of Business Ethics
publisher
Springer
external identifiers
  • scopus:85195135394
ISSN
1573-0697
DOI
10.1007/s10551-024-05728-6
language
English
LU publication?
yes
id
4b379bb9-07fc-466a-a0b7-be1242d88577
date added to LUP
2024-07-09 08:47:58
date last changed
2024-08-05 16:40:50
@article{4b379bb9-07fc-466a-a0b7-be1242d88577,
  abstract     = {{Contemporary society operates beyond safe boundaries of the Earth system. Returning to a safe operating space for humanity within Earth system boundaries is a question of justice. The relevance of the economy—and thus of business—for bringing society back to a safe and just operating space highlights the importance of business ethics research for understanding the role of business in Earth system justice. In this commentary, we explore the relevance of business ethics research for understanding the crucial role of business in the dynamics of the Earth system. We do so by integrating the perspectives of business ethics and system-oriented sustainability science on the basis of the theory of metabolic rift, which explains how the dynamics of capitalism result in the destruction of the natural environment. On this basis, we argue that a mutually reinforcing relationship between perpetual economic growth and profit seeking behaviour of business, which we call the loop of unsustainability, continually deepens the metabolic rift and keeps business from effectively contributing to Earth system justice. This perspective allows us to formulate firm-level and system-level preconditions for attaining Earth system justice, and to sketch a research agenda that links business ethics scholarship with questions of Earth system justice.}},
  author       = {{Schneider, Anselm and Murray, John}},
  issn         = {{1573-0697}},
  language     = {{eng}},
  month        = {{05}},
  publisher    = {{Springer}},
  series       = {{Journal of Business Ethics}},
  title        = {{Escaping the Loop of Unsustainability: Why and How Business Ethics Matters for Earth System Justice}},
  url          = {{http://dx.doi.org/10.1007/s10551-024-05728-6}},
  doi          = {{10.1007/s10551-024-05728-6}},
  year         = {{2024}},
}