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Eco-capitalism, also known as environmental capitalism or (sometimes[1]) green capitalism, is the view that capital exists in nature as "natural capital" (ecosystems that have ecological yield) on which all wealth depends. Therefore, governments should use market-based policy-instruments (such as a carbon tax) to resolve environmental problems.[2][3][4]
The term "Blue Greens" is often applied to those who espouse eco-capitalism. Eco-capitalism can be thought of as the right-wing equivalent to Red Greens.[5][need quotation to verify]
Critics of eco-capitalism, such as eco-socialists, view continued economic growth and commodification of nature as an inevitability in capitalism, and thus criticize bright-green environmentalism.[6][7][8][9]
- ^ "Good company: the capitalists putting purpose ahead of profit". The Guardian. 2019-11-24. Archived from the original on 2023-05-18.
- ^ "Definition of Eco-Capitalism". collinsdictionary.com. Retrieved 27 November 2015.
- ^ Guttmann, Robert (2018). Eco-Capitalism: Carbon money, Climate Finance, and Sustainable Development. London: Palgrave Macmillan. ISBN 9783319923574.
- ^ Bosch, Stephan; Schmidt, Matthias (2019). "Is the post-fossil era necessarily post-capitalistic? – The robustness and capabilities of green capitalism". Ecological Economics. 161: 270–279. doi:10.1016/j.ecolecon.2019.04.001.
- ^ "The rise of green capitalism". roadtoparis.info. Retrieved 27 November 2015.
- ^ Jacklyn Cock. "'Green Capitalism' or Environmental Justice? A Critique of the Sustainability Discourse" (PDF).
- ^ Tibbe Smith Larsen (2019). "The Hegemony of Green Capitalism: A critique of the imaginary that the environmental crisis can be solved by capitalism". doi:10.13140/RG.2.2.11373.33762.
{{cite journal}}: Cite journal requires|journal=(help) - ^ Wright, Christopher; Nyberg, Daniel (2015-09-20). "'Green capitalism' is a myth". Business Insider. Retrieved 2022-01-30.
- ^ Schweickart, David (2010). "Is Sustainable Capitalism Possible?". Procedia - Social and Behavioral Sciences. 2 (5): 6739–6752. doi:10.1016/j.sbspro.2010.05.020.