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Natural capital and human economic survival / by Thomas Prugh ; with Robert Costanza ... [and others] ; foreword by Paul Hawken.
Lippincott Library HC79.E5 P748 1999
Available
- Format:
- Book
- Author/Creator:
- Prugh, Tom.
- Series:
- Ecological economics series (Baco Raton, Fla.)
- Ecological economics series
- Language:
- English
- Subjects (All):
- Environmental economics.
- Environmental policy--Economic aspects.
- Environmental policy.
- Physical Description:
- 180 pages : illustrations, map ; 25 cm.
- Edition:
- Second edition.
- Place of Publication:
- Boca Raton, Fla. : Lewis Publishers : ISEE, International Society for Ecological Economics, [1999]
- Summary:
- This book explains what natural capital is and does, and how it is threatened. It proposes some revenue-neutral policy options that could restructure the economic system to encourage investment in natural capital.
- Contents:
- Section I The Ecological Economics Perspective and Why It's Needed
- 1 The Origins of Our Economic Worldview 3
- Classical Economics, Key Figures, Assumptions 8
- The Birth of Neoclassicism 13
- Driven to Abstraction: The Neoclassical Legacy 16
- 2 The Ecological Economics Perspective 19
- The Coevolutionary Paradigm 21
- Scale, Throughput, and Carrying Capacity 24
- The Mostly Invisible City 26
- Substitutability vs. Complementarity 31
- Technological Optimism vs. Prudent Skepticism 34
- Entropy and Economics 40
- What Sustainability Means 43
- Section II The Definition, Function, and Valuation of Natural Capital
- 3 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
- 4 Depletion and Valuation 67
- Some Evidence of Natural Capital Depletion 69
- The Green Devolution 74
- A Fearful Asymmetry: Accounting for Natural Capital 78
- The Monetary Valuation of Natural Capital 88
- When "Discounted" Doesn't Mean a Bargain 89
- An Alternative 95
- Section III Managing Natural Capital for Sustainability
- 5 Investing in Natural Capital Incentives and Obstacles 101
- The Nutshell Case for Natural Capital Investment 102
- Why We Ignore Natural Capital 105
- Command-and-Control Regulation 111
- Incentive-Based Systems 114
- 6 Some Investment Strategies 119
- Green Taxes 121
- Graded Ecozoning 124
- Natural Capital Depletion Taxes 126
- The Link Between Human and Natural Capital 128
- The Precautionary Polluter-Pays Principle 129
- Ecological Tariffs 132
- Natural Capital and International Trade 135
- Property Rights Regimes 137
- Resource Utilities 141
- Two Sustainability Profiles 144
- Appendix Some Tools For Personal and Community Action 161.
- Notes:
- Includes bibliographical references (pages 167-172) and index.
- ISBN:
- 1566703980
- OCLC:
- 40714361
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