Natural Capital and Human Economic Survival, Second Edition

כריכה קדמית
Most people love nature and consider themselves environmentalists, but nature isn't just pretty and lovable, it is indispensable to our survival and economic activity. That is the most compelling reason for environmental protection.
The conventional economic wisdom views land (natural capital) as a small part of the economy, along with capital, labor, technology and so on. The authors argue that this is backwards: that the economy nests within the environment (land) and not the other way around.
The authors give a brief history of the origins of conventional economic wisdom and critique it from a the standpoint of ecological economics. They explain what natural capital -our life support system - is and does, and describe the severe strains that have been put on it. They conclude with some policy options, such as green taxes and suggestions for personal action that would conserve natural capital and thus make conserve resources for present and future generations.
Natural Capital and Human Economic Survival is written for environmentalists, environmental studies majors and anyone concerned about the flaws of mainstream economics - how it has led us into unsustainable ways of living - and who would like to learn about alternatives that are more sustainable.
 

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תוכן

The Origins of Our Economic Worldview
3
Classical Economics Key Figures Assumptions
8
The Birth of Neoclassicism
13
The Neoclassical Legacy
16
The Ecological Economics Perspective
19
The Coevolutionary Paradigm
21
Scale Throughput and Carrying Capacity
24
The Mostly Invisible City
26
MANAGING NATURAL CAPITAL FOR SUSTAINABILITY
99
Investing in Natural Capital Incentives and Obstacles
101
The Nutshell Case for Natural Capital Investment
102
Why We Ignore Natural Capital
105
CommandandControl Regulation
111
IncentiveBased Systems
114
Some Investment Strategies
119
Green Taxes
121

Substitutability vs Complementarity
31
Technological Optimism vs Prudent Skepticism
34
Entropy and Economics
40
What Sustainability Means
43
THE DEFINITION FUNCTION AND VALUATION OF NATURAL CAPITAL
47
What Natural Capital Is and Does
49
What Does Natural Capital Do?
51
Biodiversity Ecosystem Function and the Economy
53
Four Functions of Natural Capital
54
Depletion and Valuation
67
Some Evidence of Natural Capital Depletion
69
The Green Devolution
74
Accounting for Natural Capital
78
The Monetary Valuation of Natural Capital
88
When Discounted Doesnt Mean a Bargain
89
An Alternative
95
Graded Ecozoning
124
Natural Capital Depletion Taxes
126
The Link Between Human and Natural Capital
128
The Precautionary PolluterPays Principle
129
Ecological Tariffs
132
Natural Capital and International Trade
135
Property Rights Regimes
137
Resource Utilities
141
Two Sustainability Profiles
144
Afterword
151
Some Tools for Personal and Community Action
161
Glossary
163
References
167
Index
173
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