Creating the next industrial revolution
Paul Hawken, “Natural Capitalism” Momentum Quick Takes
May 12, 2005
Arlex International
The Next Industrial Revolution
- Capitalism, as practiced, is a financially profitable, non-sustainable aberration in human
- It neglects to assign any value to the largest stocks of capital it employs – natural
Valuing natural capital is critically important
- GDP not only masks the breakdown of the social structure and the natural habitats upon which economy – and the life itself – ultimately depend; worse, it portrays such breakdown as economic gain
There 4 Central Strategies of Natural Capitalism
- Radical resource productivity
- Bio-mimicry
- Service and flow economy
- Investing in natural capital
Making the World
- Opportunities to wring out waste are expanding faster than they’re being used
- “Green development”
- “Extended product responsibility:
Industrial Capitalism liquidates, without valuing, both natural and human capital – capturing short-tem gains in ways that destroy long-term human prospect and purpose