Eco-capitalism

The view that capital exists in nature as "natural capital" / From Wikipedia, the free encyclopedia

Dear Wikiwand AI, let's keep it short by simply answering these key questions:

Can you list the top facts and stats about Eco-capitalism?

Summarize this article for a 10 year old

SHOW ALL QUESTIONS

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]

Oops something went wrong: