Pantheon
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Fossil fuels and most other natural resources are limited and dwindling as we all know, and the economy will inevitably run out of these natural resources resulting in shortages.. As these resources become scarcer and therefore more expensive, all businesses will have to figure out how to do more with less.
So what is the solution? Well Green Capitalism of course
Green Capitalism or Eco Capitalism, tells us that using fewer resources such as energy, raw materials, water etc is not only good for the planet but also for profits. The less a company spends on inputs and the more efficiently it runs its operations, the heftier its margins will be; being ecologically prudent is a surefire way to boost the bottom line. What’s more, those who’ve shifted to eco-friendly methods will be poised to clobber their less-green competitors when shortages of our natural resources finally start to hit home.
Our current "Industrial capitalism" often neglects to assign any real value to natural resources and living systems, as well as the social and cultural systems, Eco Capitalism addresses this flaw in "Industrial capitalism"
Biomimicry for instance The silk that a spider spins is incredibly strong, as strong as Kevlar, which is used in body armor. Spiders spin this from digested bugs—no external energy, no synthetic chemicals, nothing else, this compared to the making of Kevlar where today you need a lot of energy and all kinds of chemical inputs, which produces a lot of toxic waste.
Another idea is leasing consumer products such as cell phones or refrigerators. You get the service—the ability to communicate and keep your food cold—without buying the actual hardware. Because manufacturers lease out these goods and take them back—for repairs and salvaging parts for new units—they have the incentive to turn out the most durable and serviceable commodities possible. Currently Xerox uses the service-leasing model with a line of its copiers, Document Centre, and it has led to a dramatic cut in waste—on the production side and the consumption side. This transformation of how we produce and consume is already happening and can be implemented across the board in a range of other sectors.
So is Green Capitalism or Eco Capitalism the next stage of our current economic system?
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