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Nature and Wealth Overcoming Environmental Scarcity and Inequality

9781137403384

Nature and Wealth Overcoming Environmental Scarcity and Inequality

  • ISBN 13:

    9781137403384

  • ISBN 10:

    1137403381

  • Format: Paperback
  • Copyright: 09/23/2015
  • Publisher: Palgrave Macmillan

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Summary

The world economy today is facing two major threats: increasing environmental degradation and a growing gap between rich and poor. Drawing on historical and contemporary evidence, this book argues that these two threats are symptomatic of a growing structural imbalance in all economies - how nature is exploited to create wealth. The root of this imbalance is that natural capital is under-priced, and hence overly exploited, whereas human capital is insufficient to meet demand, thus encouraging inequality. By adopting a Balanced Wealth Strategy we can overcome the structural imbalance between nature and wealth that is inhibiting innovation, growth and prosperity.

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