Question

In: Economics

What are the strategies of Natural Capitalism.

What are the strategies of Natural Capitalism.

Solutions

Expert Solution

Answer : Natural capitalism means that natural way of interacting and working in an economy. It is new way of behaving with the resources allocation till manufactured product available with the customers.

Key Strategies of Natural Capitalism are :

  • Productivity of resources : In this method resources has been utilised more efficiently. New concept of Factor 90 has been introduced which lay emphasis on 90 percent reducation in energy and material intensity.In this method it saves the resources and energy improvement but also can improve quality of life by removing waste and other signs of inefficiency.
  • Biomimcry The concept of biomimicry is impressive. It is based off the idea that the earth is capable of producing and processing things in an efficient and environmental beneficial way and that science should look natural biologly.
  • Service and flow : The concept of service and flow is currently manufactures want to produce the product so consumers will want to purchase the most up the product. The concept of service economy focuses on the nature of material economy.

Investing in capital : The focuses on reversing enviornmental destruction through investment in sustaining , restoring and expanding stock of natural capital.

I agree that natural capitalism is a great idea as well as it seems that a huge change in culture will be necessary.


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