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Eco-capitalist
Eco-capitalism, also known as environmental capitalism or (sometimes) green capitalism, is the view that capital (economics), capital exists in nature as "natural capital" (ecosystems that have ecological yield) on which all wealth depends. Therefore, governments should use Market (economics), market-based policy instruments, policy-instruments (such as a carbon tax) to resolve environmental problems. 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 Eco-socialism, Red Greens. Basic assumptions of capitalism - like continued economic growth - are not put to a test in the bright green environmentalism proponents' discourse. This, and the commodification of nature as a central element, has led to various criticisms of the idea. History The roots of eco-capitalism can be traced back to the late 1960s. The "Tragedy of the Commons", an essay published in 1968 in ''Science (journal), Scien ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eco-socialism
Eco-socialism (also known as green socialism or socialist ecology) is an ideology merging aspects of socialism with that of green politics, ecology and alter-globalization or anti-globalization. Eco-socialists generally believe that the expansion of the capitalist system is the cause of social exclusion, poverty, war and environmental degradation through globalization and imperialism, under the supervision of repressive states and transnational structures. Eco-socialism asserts that the capitalist economic system is fundamentally incompatible with the ecological and social requirements of sustainability. Thus, according to this analysis, giving economic priority to the fulfillment of human needs while staying within ecological limits, as sustainable development demands, is in conflict with the structural workings of capitalism. By this logic, market-based solutions to ecological crises (such as environmental economics and green economy) are rejected as technical tweaks that d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
