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Eco-capitalism is one of several strategies of the green movement and Green Parties. Its central idea is that capital exists in nature as " natural capital" (self-renewing productive ecosystems that have a measurable ecological yield or tangible benefit to humans) on which all wealth depends. Other forms of capital that are created by humans (like infrastructural capital and financial capital) simply extend and optimize this natural capital with creativity, training and trust. In this view: Nature's services are the base of a service economy - so interfering with nature's services destroys rather than creates value, and must not be rewarded with assistance or subsidies from the state. However, other than that, competition between humans is thought to be inevitable and an effective way to organize - rather in the same way as certain animal species. In this line of thought, biologist Lynn Margulis claimed that economics is the study of how humans make a living, while ecology studies how other species make a living.
More than other types of green politics, this strategy advocates monetary reformMonetary reform is accounting reform that reaches more deeply into banking central bank, money supply and monetary policy. It affects how money is created and destroyed, and what constitutes a reliable measure of economic growth and measures of national i and the use of eco-friendly business models and economic policies. It usually includes any environmental policy with an intended positive economic return. An example are the rules against overfishing to allow stocks to replenish for future fishing, resulting in a so-called sustainable fishery . This pleases many scientific ecologists but not, for instance, animal rightsAnimal rights is the viewpoint that animals have rights and are worthy of ethical consideration in how humans interact with them. Overview Animal rights is the concept that all or some animals are entitled to possess their own lives, and that animals are advocates.
Eco-capitalism seeks creative policy instruments to resolve environmental problems where public goods are difficult to protect. Unlike in other green economicsGreen economics loosely defines a theory of economics by which an economy is considered to be component of the ecosystem in which it resides. A holistic approach to the subject is typical, such that economic ideas are commingled with any number of other s, it is usually very possible to construct a value of lifeThe value of life is an economic or moral value assigned to life in general, or to specific living organisms. In social and political sciences, it is the marginal cost of death prevention in a certain class of circumstances. As such, it is a statistical t or value of EarthIn economics, value of Earth is the ultimate in ecosystem valuation, and important to value of life calculations. It begins with the simple problem that if the Earth ceases to support life, and human life does not continue elsewhere, all economic activity analysis using eco-capitalist models, or even to reconcile the utility of various choices as would be done in neoclassical economicsNeoclassical economics is grouping of a number of schools of thought in economics. There is not complete agreement on what is meant by neoclassical economics—in particular, vision, problem domains, and particular concerns vary among neoclassical economist. Because everything is reduced ultimately to some number, a price premium can be calculated by each choice in, say, a moral purchasingEthical purchasing (or moral purchasing or ethical sourcing or moral boycott refers to the application of criteria reflective of a morality (or, in the terminology of ethics, a theory of value) to an individual, family, union, or other group's (corporatio or regulatory regime. This makes it possible, according to advocates, to actually make globalism work. The Kyoto Protocol, for instance, assigns a de facto value to human life in developing nations of about 1/15 the value of a life in developed nations, based on the ability of the latter to pay to prevent deaths due to climate change.
Some have described this strategy as a form of realpolitik, a constructive non-ideological compromise between the existing power structures and banking systems of the IMF and BIS and the emerging consensus that ecological systems have value.
