Nature and Wealth Overcoming Environmental Scarcity and Inequality
, by Barbier, Edward B.- ISBN: 9781137403384 | 1137403381
- Cover: Paperback
- Copyright: 9/23/2015
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.