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Ecocapitalism

  • By: Mary Finley-Brook
  • In: Green Politics: An A-to-Z Guide
  • Edited by: Dustin Mulvaney & Paul Robbins
  • Subject:Environmental Sociology, Environmental Technology, Policy & Management, Environmental Policy & Law (general)

The ecocapitalist perspective suggests that sustainability and environmental conservation are entirely compatible within capitalist social relationships. Initial use of the term ecocapitalism has been attributed to green political parties. The term has often been employed to show contrast with ecosocialism. The comparison would likely be soundly rejected by ecosocialists, whose central premise is that capitalism is a root cause of much ecological degradation. For some, ecocapitalism is inherently a contradiction in terms. For critics of free market capitalism to accept the unity of the prefix eco- with capitalism, the ecological content would need to fundamentally transform capitalism as it is widely practiced today. However, for free market enthusiasts, capitalism would remain largely unchanged in ecocapitalism. The prefix in this case would represent new opportunities to ...

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