Eco-capitalism

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Eco-capitalism, also known as environmental capitalism or green capitalism, is the view that capital exists in nature as "natural capital" (ecosystems that have ecological yield) on which all wealth depends, and therefore, market-based government policy instruments (such as cap and trade systems) should be used to resolve environmental problems.^[1]

The term "Blue Greens" is often applied to those who espouse Eco-capitalism. It is considered as the right-wing equivalent to Red Greens.^[2]

Transition to Eco-capitalism

• Full cost accounting for ecological harms done by subsidies
• Genuine Progress Indicators as basis of monetary reform
• Pollution credits to encourage businesses to adopt anti-pollution technologies

Criticisms of Eco-capitalism

A common criticism of Eco-capitalism is that capitalism can never be sustainable because it is a "greed driven system".^[3] Eco-capitalists respond to this by claiming that it is in everyone's economic interest to conserve the environment.

See also

Further reading

• Chapple, Stephen (2001) Confessions of an Eco-Redneck: Or how I Learned to Gut-Shoot Trout and Save the Wilderness at the Same Time. Perseus Publishing. ISBN 0-641-54292-5
• Comolet, A. (1991) "Le Renouveau ecologique. De l'eco-utopie a l'eco-capitalisme" [The Ecological Renewal. From Eco-Utopia to Eco-Capitalism], Futuribles, 157(Sept.), 41-54.
• d'Humières, Patrick (2010) Le développement durable va-t-il tuer le capitalisme? Editions Maxima
• Lovins, Amory B & Hunter L (1997) Factor Four. Doubling Wealth - Halving Resource Use, with Ernst von Weizacker. Earthscan Publications Ltd, London
• Sarkar, Saral (1999) Eco-Socialism Or Eco-Capitalism? A Critical Analysis of Humanity's Fundamental Choices
• Porritt, Jonathon (2005, revised 2007) Capitalism: As if the World Matters. Earthscan Publications Ltd, London. ISBN 978-1-84407-193-7

References