Capitalism v environment: can greed ever be green?Is it possible to run a capitalist economy without threatening the future of the planet? Tony Juniper looks for answers at the Slow Life Symposium
Can capitalism and the environment ever live in harmony together? Photograph: Angelo Cavalli/Getty Images
Is it possible to run an expanding capitalist economy while keeping its impacts within safe ecological boundaries, or is the greed-driven system effectively a suicide machine that is doomed to destroy itself?
The fact that the now dominant capitalist economic system is unsustainable is not in doubt. It has contributed to the breaching of several ecological boundaries, in relation to climate change, biodiversity loss and nutrient enrichment. At the same time as damaging the natural systems that sustain it, capitalism is also leading to increasing inequality, in turn creating social tensions that make it still more exposed.
As the negative consequences of current growth strategies escalate, what to do in response becomes an ever more vital and urgent question. It was one of the themes addressed at the Slow Life Symposium recently concluded on the island of Soneva Fushi in the Maldives. The low-lying nation is one of the most vulnerable on Earth and a place where the effects of past economic choices are already exacting a heavy toll. The dead corals and rising seas reveal how global change can bring big costs for, among other things, tourism and infrastructure.
Capitalism v environment: can greed ever be green? | Guardian Sustainable Business | The Guardian
At the time, Tony Juniper had also been 'valuing' the environment:
Futures Forum: Valuing Nature >>> What does nature do for us? >>> "managing and valuing ecosystem services"
Perhaps, then, the following is a very legitimate question:
Can Capitalism Ever Be "Green"? | Foundation for Economic Education
Can capitalism be 'green'? | Institute of Economic Affairs
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