Natural Capitalism : The Next Industrial Revolution - Hardcover

Paul Hawken, Amory B. Lovins And L. Hunter Lovins

Hardcover

ISBN 10: 1853834610 ISBN 13: 9781853834615

Publisher: Earthscan Ltd, 1999

Synopsis

The first Industrial Revolution inaugurated 200 years of unparalleled material development for humankind. But the costs and the consequences are now everywhere evermore apparent: the living systems on which we depend are in retreat. Forests, topsoil, grasslands, wetlands, oceans, coral reefs, the atmosphere, aquifers, tundra and biodiversity are limiting factrs - the natural capital on which all economic activity depends. And they are all in decline. Add to that a doubling of the world's population and a halving of available per capita resources in the first 50 years of the 21st century and the inevitability of change is clear. This work offers forms of industry and commerce that can not only enhance enormously the wellbeing of the world's growing population, but will reverse the destruction and pollution of nature and restore the natural processes so vital to the future. The book introduces four central and interrelated strategies necessary to perpetuate abundance, avert scarcity and deliver a solid basis for social development. The first of these is: Radical Resource Productivity - getting two, four, or even ten times as much from the same quantities of materials and energy. A revolution in efficiency that provides the most immediate opportunities for businesses to grow and prosper. The second strategy is: Ecological Redesign - eliminating the very idea of waste by designing industrial systems on the model of ecological ones. Instead, for example, of digging merals out of the ground only to return them to landfill at the end of the product cycle, industrial processes will be designed to reuse materials constantly, in closed circles. The third strategy involves creating: A Service and Flow Economy - shifting from an economy of goods and purchases to one of service and flow, and redefining the relationship between producer and consumer. Affluence will no longer be measured by acquisition and quantity, but by the continuous receipt of quality, utility and performance. The final strategy is: Investing in Natural capital - reversing the worldwide ecosystem destruction to restore and expand the stocks of natural capital. If industrial systems are to supply an increasing flow of services in the future, the vital flow of services from living systems will have to be maintained or increased as well.

About this title

About the Author

Paul Hawken is an environmentalist, educator and best-selling author of The Ecology of Commerce, The Next Economy and Growing a Business (also a TV series). Amory B Lovins is Co-founder, Chairman, and Chief Scientist of Rocky Mountain Institute and a co-author of Factor Four (Earthscan, 1997). The Centennial Issue of The Wall Street Journal named him among 39 people in the world most likely to change the course of business in the 1990s, and Time in 2009 called him one of the 100 most influential people in the world. L. Hunter Lovins is the President and Founder of Natural Capitalism Solutions. She is a founding professor of sustainable management at Presidio Graduate School, and a consultant to companies around the world. A co-author of Factor Four (Earthscan, 1997) her latest book, Climate Capitalism, will be published in 2011.

Review

'This is a huge deal' Bill Clinton 'An analysis of how capitalism would work if the world's 'natural capital' were properly valued, resulting in a drastic reduction in resource use by industrialised countries' The Financial Times 'A powerful, visionary statement by three of the world's leading consultants on the greening of business' The Times Higher Education Supplement 'If any book can be said to usher in a hopeful new age, it's this' Jonathon Porritt, Director, Forum for the Future 'Leaves every reader with the hope that the old battle between business and the environment can reach a peaceful and constructive conclusion' Frances Cairncross, The Economist 'The whole concept of natural capital manages to be both pragmatic and idealistic which, in my book, adds up to inspirational' Anita Roddick, The Body Shop International 'This is smart, strategic thinking' The Independent 'Includes a wealth of real examples...The authors provide a boldly practical way forward' The Times 'Points the way to a world where the profit motive and social responsibility march hand in hand' John Quelch, Dean, London Business School 'This book is awash with ideas and is meant for a wide readership... Ultimately, this is a universal call to action so that it is really meant for everyone.' Progress in Development Studies 'This book makes an important contribution, with many valuable insights, to the debate on the changes needed to secure a future for humankind and life on Earth.' Brian Leslie, Sustainable Economics, August 2010.

About this edition

• Publisher: Earthscan Ltd
• Publication date: 1999
• ISBN 10: 1853834610
• ISBN 13: 9781853834615
• Binding: Hardcover