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Books > Earth & environment > The environment
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Greening of Capitalism - How Asia Is Driving the Next Great Transformation (Hardcover)
Loot Price: R1,950
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Greening of Capitalism - How Asia Is Driving the Next Great Transformation (Hardcover)
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As China, India, and other industrializing giants grow, they are
confronted with an inconvenient truth: They cannot rely on the
conventions of capitalism as we know them today. Western
industrialism has achieved miracles, promoting unprecedented levels
of prosperity and raising hundreds of millions out of poverty. Yet,
if allowed to proceed unencumbered, this paradigm will do
irreversible harm to the planet.
By necessity, a new approach to environmentally conscious
development is already emerging in the East, with China leading the
way. Positioning its argument against zero-growth advocates and
free-market environmentalists, "Greening of Capitalism" charts this
transformation and sketches out a framework for more sustainable
capitalism.
State-mandated changes in energy use (as opposed to carbon taxes),
a circular flow of resources (as opposed to emissions standards),
and the introduction of new financial instruments that support
green growth are cornerstones of China's framework. John A. Mathews
argues that these tenets will be emulated around the world--first
in India and Brazil. In light of this emerging shift, Mathews
considers core debates over national security, international
relations, and economic policy, ultimately addressing the question
of whether these measures will be far-reaching or timely enough to
prevent further damage.
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