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Nature and Wealth : Overcoming Environmental Scarcity and Inequality (Paperback) (Edward B. Barbier)

Nature and Wealth : Overcoming Environmental Scarcity and Inequality (Paperback) (Edward B. Barbier) - image 1 of 1

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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, which is 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 wealth inequality. Only by adopting policies to correct these economy-wide failures can we overcome the structural imbalance between nature and wealth that is inhibiting innovation, growth and prosperity.

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, which is 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 wealth inequality. Only by adopting policies to correct these economy-wide failures can we overcome the structural imbalance between nature and wealth that is inhibiting innovation, growth and prosperity.

Number of Pages: 270
Genre: Business + Money Management, Nature
Sub-Genre: Natural Resources, Environmental Economics, Green Business
Format: Paperback
Publisher: Palgrave Macmillan
Author: Edward B. Barbier
Language: English
Street Date: September 24, 2015
TCIN: 46761459
UPC: 9781137403384
Item Number (DPCI): 247-51-7209
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