Nature provides $36 trillion of services annually. Problem is, this value is externalized in the products we buy
1% of population holds more than 45% of global wealth while the rest of the 99% of population holds only 55%.
America has 35% of world’s wealth having 6% of the world’s population. India has less than 2% of world’s wealth having 15% of world’s population
Is true decoupling between economic growth and environmental degradation possible?
What economists are saying
Joseph E Stiglitz supports Thomas Piketty’s view in his new book “Capital in the 21st century”, in that inequality has been rising in most nations of the world, even though the wealth has been increasing
More than 1200 companies are now B Corp certified across the world. This certification means the company is meeting strict social and environmental standards
Idea proposed by Pavan Sukhdev that proposes to deliver the vision of future working on 4 planks of change:
Incorporating externalities | Accountable advertising | Limiting financial leverage | Resource taxation
Emerging narrative of new form of capitalism