Green Capitalism?

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Author :
Publisher : University of Pennsylvania Press
ISBN 13 : 0812293886
Total Pages : 311 pages
Book Rating : 4.8/5 (122 download)

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Book Synopsis Green Capitalism? by : Hartmut Berghoff

Download or read book Green Capitalism? written by Hartmut Berghoff and published by University of Pennsylvania Press. This book was released on 2017-04-05 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: At a time when the human impact on the environment is more devastating than ever, business initiatives frame the quest to "green" capitalism as the key to humanity's long-term survival. Indeed, even before the rise of the environmental movement in the 1970s, businesses sometimes had reasons to protect parts of nature, limit their production of wastes, and support broader environmental reforms. In the last thirty years, especially, many businesses have worked hard to reduce their direct and indirect environmental footprint. But are these efforts exceptional, or can capitalism truly be environmentally conscious? Green Capitalism? offers a critical, historically informed perspective on building a more sustainable economy. Written by scholars of business history and environmental history, the essays in this volume consider the nature of capitalism through historical overviews of twentieth-century businesses and a wide range of focused case studies. Beginning early in the century, contributors explore the response of business leaders to environmental challenges in an era long before the formation of the modern regulatory state. Moving on to midcentury environmental initiatives, scholars analyze failed business efforts to green products and packaging—such as the infamous six-pack ring—in the 1960s and 1970s. The last section contains case studies of businesses that successfully managed greening initiatives, from the first effort by an electric utility to promote conservation, to the environmental overhaul of a Swedish mining company, to the problem of household waste in pre-1990 West Germany. Ranging in geographic scope from Europe to the United States, Green Capitalism? raises questions about capitalism in different historical, sociocultural, and political contexts. Contributors: Hartmut Berghoff, Ann-Kristin Bergquist, Brian C. Black, William D. Bryan, Julie Cohn, Leif Fredrickson, Hugh S. Gorman, Geoffrey Jones, David Kinkela, Roman Köster, Joseph A. Pratt, Adam Rome, Christine Meisner Rosen.

Planetary Improvement

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Publisher : MIT Press
ISBN 13 : 0262535076
Total Pages : 233 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis Planetary Improvement by : Jesse Goldstein

Download or read book Planetary Improvement written by Jesse Goldstein and published by MIT Press. This book was released on 2018-03-16 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: An examination of clean technology entrepreneurship finds that “green capitalism” is more capitalist than green. Entrepreneurs and investors in the green economy have encouraged a vision of addressing climate change with new technologies. In Planetary Improvement, Jesse Goldstein examines the cleantech entrepreneurial community in order to understand the limitations of environmental transformation within a capitalist system. Reporting on a series of investment pitches by cleantech entrepreneurs in New York City, Goldstein describes investor-friendly visions of incremental improvements to the industrial status quo that are hardly transformational. He explores a new “green spirit of capitalism,” a discourse of planetary improvement, that aims to “save the planet” by looking for “non-disruptive disruptions,” technologies that deliver “solutions” without changing much of what causes the underlying problems in the first place. Goldstein charts the rise of business environmentalism over the last half of the twentieth century and examines cleantech's unspoken assumptions of continuing cheap and abundant energy. Recounting the sometimes conflicting motivations of cleantech entrepreneurs and investors, he argues that the cleantech innovation ecosystem and its Schumpetarian dynamic of creative destruction are built around attempts to control creativity by demanding that transformational aspirations give way to short-term financial concerns. As a result, capitalist imperatives capture and stifle visions of sociotechnical possibility and transformation. Finally, he calls for a green spirit that goes beyond capitalism, in which sociotechnical experimentation is able to break free from the narrow bonds and relative privilege of cleantech entrepreneurs and the investors that control their fate.

Green Capitalism

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Author :
Publisher : Fernwood Publishing
ISBN 13 : 9781552666685
Total Pages : 168 pages
Book Rating : 4.6/5 (666 download)

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Book Synopsis Green Capitalism by : Daniel Tanuro

Download or read book Green Capitalism written by Daniel Tanuro and published by Fernwood Publishing. This book was released on 2014-04-01 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: "“A lucid and rigorous demonstration that climate change cannot be overcome unless capitalism is overcome. The scourge of humanity is also the scourge of nature. This is a great achievement: putting forth the necessary contours of the direction that must be taken if we are to be equal to the greatest challenge ever faced by humankind.” — Joel Kovel, author The Enemy of Nature “The climate crisis is at a critical moment while millions despair that no action is being taken. The difficulties our ’world leaders‘ have in taking meaningful action do not spring out of nowhere but from their refusal to understand that this crisis is the consequence of the globalised, neoliberal economic system. This book argues that we cannot simply green our current society, but that we need a more thorough, more fundamental social transformation. We also need to ensure that the struggle for a better world has built into its DNA the pursuit of an ecologically sustainable society.” — Natalie Bennett, leader of the Green Party of England and Wales What should be done to resolve the climate crisis? Daniel Tanuro argues that government measures — eco-taxes, commodification of natural resources and carbon trading — do not tackle the main problem: the drive for profit. Evidence from the Intergovernmental Panel on Climate Change and other sources demonstrates the impossibility of a sustainable “green capitalism.” Green Capitalism includes a critique of popular writers on the environmental crisis, ranging from Jared Diamond to Hans Jonas, and it discusses the economic and technological transition scenarios. It also includes a critical assessment of the contributions of Marxist writers such as John Bellamy Foster, Paul Burkett and Ernest Mandel."

Green Capitalism. the God That Failed

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Publisher :
ISBN 13 : 9781848902053
Total Pages : 172 pages
Book Rating : 4.9/5 (2 download)

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Book Synopsis Green Capitalism. the God That Failed by : Richard Smith

Download or read book Green Capitalism. the God That Failed written by Richard Smith and published by . This book was released on 2016-05-11 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: Smith contends that there is no possible solution to our global ecological crisis within the framework of any conceivable capitalism. The only alternative to market-driven planetary collapse is to transition to a largely planned, mostly publicly-owned economy based on production for need, on democratic governance and rough socio-economic equality, and on contraction and convergence between the global North and South. "Smith brings an impressive command of economics and an engaging conversational style of writing. He explains and illustrates with devastating clarity the key mechanisms of capitalism that force it to grow unendingly ... In the final two chapters, Smith outlines ecological constraints necessary for any post-capitalist economy and describes ecosocialist alternatives to capitalism. The necessary changes are staggering... To that end he outlines a number of attractive and attainable features of an ecosocialist society." David Klein, Director of the climate Science Program at California State University and author of "Capitalism and Climate Change"

Green Swans

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Publisher : Greenleaf Book Group
ISBN 13 : 1732439133
Total Pages : 332 pages
Book Rating : 4.7/5 (324 download)

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Book Synopsis Green Swans by : John Elkington

Download or read book Green Swans written by John Elkington and published by Greenleaf Book Group. This book was released on 2020-04-07 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Even leading capitalists admit that capitalism is broken. Green Swans is a manifesto for system change designed to serve people, planet, and prosperity. In his twentieth book, John Elkington—dubbed the “Godfather of Sustainability”—explores new forms of capitalism fit for the twenty-first century. If Nassim Nicholas Taleb’s “Black Swans” are problems that can take us exponentially toward breakdown, then “Green Swans” are solutions that take us exponentially toward breakthrough. The success—and survival—of humanity now depends on how we rein in the first and accelerate the second. Green Swans draws on Elkington’s firsthand experience in some of the world’s best-known boardrooms and C-suites. Using case studies, real-world examples, and profiles on emergent technologies, Elkington shows how the weirdest “Ugly Ducklings” of today’s world may turn into tomorrow’s world-saving Green Swans. This book is a must-read for business leaders in corporations great and small who want to help their businesses survive the coming shift in global priorities over the next decade and expand their horizons from responsibility, through resilience, and onto regeneration.

Green Gone Wrong

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Author :
Publisher : Scribner
ISBN 13 : 9781416572220
Total Pages : 0 pages
Book Rating : 4.5/5 (722 download)

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Book Synopsis Green Gone Wrong by : Heather Rogers

Download or read book Green Gone Wrong written by Heather Rogers and published by Scribner. This book was released on 2010-04-20 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Green Gone Wrong environmental writer Heather Rogers blasts through the marketing buzz of big corporations and asks a simple question: Do today’s much-touted "green" products—carbon offsets, organic food, biofuels, and eco-friendly cars and homes—really work? Implicit in efforts to go green is the promise that global warming can be stopped by swapping out dirty goods for "clean" ones. But can earth-friendly products really save the planet? This far-reaching, riveting narrative explores how the most readily available solutions to environmental crisis may be disastrously off the mark. Rogers travels the world tracking how the conversion from a "petro" to a "green" society affects the most fundamental aspects of life—food, shelter, and transportation. Reporting from some of the most remote places on earth, Rogers uncovers shocking results that include massive clear-cutting, destruction of native ecosystems, and grinding poverty. Relying simply on market forces, people with good intentions wanting to just "do something" to help the planet are left feeling confused and powerless. Green Gone Wrong reveals a fuller story, taking the reader into forests, fields, factories, and boardrooms around the world to draw out the unintended consequences, inherent obstacles, and successes of eco-friendly consumption. What do the labels "USDA Certified Organic" and "Fair Trade" really mean on a vast South American export-driven organic farm? A superlow-energy "eco-village" in Germany’s Black Forest demonstrates that green homes dramatically shrink energy use, so why aren’t we using this technology in America? The decisions made in Detroit’s executive suites have kept Americans driving gas-guzzling automobiles for decades, even as U.S. automakers have European models that clock twice the mpg. Why won’t they sell these cars domestically? And what does carbon offsetting really mean when projects can so easily fail? In one case thousands of trees planted in drought-plagued Southern India withered and died, releasing any CO2 they were meant to neutralize. Expertly reported, this gripping exposé pieces together a global picture of what’s happening in the name of today’s environmentalism. Green Gone Wrong speaks to anyone interested in climate change and the future of the natural world, as well as those who want to act but are caught not knowing who, or what, to believe to protect the planet. Rogers casts a sober eye on what’s working and what’s not, fearlessly pushing ahead the debate over how to protect the planet.

The Limits of the Green Economy

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Author :
Publisher : Routledge
ISBN 13 : 1317670213
Total Pages : 170 pages
Book Rating : 4.3/5 (176 download)

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Book Synopsis The Limits of the Green Economy by : Anneleen Kenis

Download or read book The Limits of the Green Economy written by Anneleen Kenis and published by Routledge. This book was released on 2015-03-24 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: Projecting win-win situations, new economic opportunities, green growth and innovative partnerships, the green economy discourse has quickly gained centre stage in international environmental governance and policymaking. Its underlying message is attractive and optimistic: if the market can become the tool for tackling climate change and other major ecological crises, the fight against these crises can also be the royal road to solving the problems of the market. But how ‘green’ is the green economy? And how social or democratic can it be? This book examines how the emergence of this new discourse has fundamentally modified the terms of the environmental debate. Interpreting the rise of green economy discourse as an attempt to re-invent capitalism, it unravels the different dimensions of the green economy and its limits: from pricing carbon to emissions trading, from sustainable consumption to technological innovation. The book uses the innovative concept of post-politics to provide a critical perspective on the way green economy discourse represents nature and society (and their interaction) and forecloses the imagination of alternative socio-ecological possibilities. As a way of repoliticising the debate, the book advocates the construction of new political faultlines based on the demands for climate justice and democratic commons. This book will be of interest to students and scholars of environmental politics, political ecology, human geography, human ecology, political theory, philosophy and political economy. Includes a foreword written by Erik Swyngedouw (Professor of Geography, Manchester University).

What Every Environmentalist Needs to Know about Capitalism

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Publisher : NYU Press
ISBN 13 : 1583672729
Total Pages : 188 pages
Book Rating : 4.5/5 (836 download)

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Book Synopsis What Every Environmentalist Needs to Know about Capitalism by : Fred Magdoff

Download or read book What Every Environmentalist Needs to Know about Capitalism written by Fred Magdoff and published by NYU Press. This book was released on 2011 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for Foster and Magdoff's The Great Financial Crisis In this timely and thorough analysis of the current financial crisis, Foster and Magdoff explore its roots and the radical changes that might be undertaken in response. . . . This book makes a valuable contribution to the ongoing examination of our current debt crisis, one that deserves our full attention.--Publishers Weekly There is a growing consensus that the planet is heading toward environmental catastrophe: climate change, ocean acidification, ozone depletion, global freshwater use, loss of biodiversity, and chemical pollution all threaten our future unless we act. What is less clear is how humanity should respond. The contemporary environmental movement is the site of many competing plans and prescriptions, and composed of a diverse set of actors, from militant activists to corporate chief executives. This short, readable book is a sharply argued manifesto for those environmentalists who reject schemes of "green capitalism" or piecemeal reform. Environmental and economic scholars Magdoff and Foster contend that the struggle to reverse ecological degradation requires a firm grasp of economic reality. Going further, they argue that efforts to reform capitalism along environmental lines or rely solely on new technology to avert catastrophe misses the point. The main cause of the looming environmental disaster is the driving logic of the system itself, and those in power--no matter how "green"--are incapable of making the changes that are necessary. What Every Environmentalist Needs To Know about Capitalism tackles the two largest issues of our time, the ecological crisis and the faltering capitalist economy, in a way that is thorough, accessible, and sure to provoke debate in the environmental movement.

Greening of Capitalism

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Publisher : Stanford University Press
ISBN 13 : 0804793166
Total Pages : 368 pages
Book Rating : 4.8/5 (47 download)

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Book Synopsis Greening of Capitalism by : John A. Mathews

Download or read book Greening of Capitalism written by John A. Mathews and published by Stanford University Press. This book was released on 2014-12-17 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: As China, India, and other industrializing giants grow, they are confronted with an inconvenient truth: They cannot rely on the conventions of capitalism as we know them today. Western industrialism has achieved miracles, promoting unprecedented levels of prosperity and raising hundreds of millions out of poverty. Yet, if allowed to proceed unencumbered, this paradigm will do irreversible harm to the planet. By necessity, a new approach to environmentally conscious development is already emerging in the East, with China leading the way. Positioning its argument against zero-growth advocates and free-market environmentalists, Greening of Capitalism charts this transformation and sketches out a framework for more sustainable capitalism. State-mandated changes in energy use (as opposed to carbon taxes), a circular flow of resources (as opposed to emissions standards), and the introduction of new financial instruments that support green growth are cornerstones of China's framework. John A. Mathews argues that these tenets will be emulated around the world—first in India and Brazil. In light of this emerging shift, Mathews considers core debates over national security, international relations, and economic policy, ultimately addressing the question of whether these measures will be far-reaching or timely enough to prevent further damage.

The Code of Capital

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Publisher : Princeton University Press
ISBN 13 : 0691208603
Total Pages : 315 pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis The Code of Capital by : Katharina Pistor

Download or read book The Code of Capital written by Katharina Pistor and published by Princeton University Press. This book was released on 2020-11-03 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Capital is the defining feature of modern economies, yet most people have no idea where it actually comes from. What is it, exactly, that transforms mere wealth into an asset that automatically creates more wealth? The Code of Capital explains how capital is created behind closed doors in the offices of private attorneys, and why this little-known fact is one of the biggest reasons for the widening wealth gap between the holders of capital and everybody else. In this revealing book, Katharina Pistor argues that the law selectively "codes" certain assets, endowing them with the capacity to protect and produce private wealth. With the right legal coding, any object, claim, or idea can be turned into capital - and lawyers are the keepers of the code. Pistor describes how they pick and choose among different legal systems and legal devices for the ones that best serve their clients' needs, and how techniques that were first perfected centuries ago to code landholdings as capital are being used today to code stocks, bonds, ideas, and even expectations--assets that exist only in law. A powerful new way of thinking about one of the most pernicious problems of our time, The Code of Capital explores the different ways that debt, complex financial products, and other assets are coded to give financial advantage to their holders. This provocative book paints a troubling portrait of the pervasive global nature of the code, the people who shape it, and the governments that enforce it."--Provided by publisher.

Eco-Capitalism

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Publisher : Springer
ISBN 13 : 3319923579
Total Pages : 321 pages
Book Rating : 4.3/5 (199 download)

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Book Synopsis Eco-Capitalism by : Robert Guttmann

Download or read book Eco-Capitalism written by Robert Guttmann and published by Springer. This book was released on 2018-06-20 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: Our planet faces a systemic threat from climate change, which the world community of nations is ill-prepared to address, and this book argues that a new form of ecologically conscious capitalism is needed in order to tackle this serious and rising threat. While the Paris Climate Agreement of 2015 has finally implemented a global climate policy regime, its modest means belie its ambitious goals. Our institutional financial organizations are not equipped to deal with the problems that any credible commitment to a low-carbon economy will have to confront. We will have to go beyond cap-and-trade schemes and limited carbon taxes to cut greenhouse gas emissions substantially in due time. This book offers a way forward toward that goal, with a conceptual framework that brings environmental preservation back into our macro-economic growth and forecasting models. This framework obliges firms to consider other goals beyond shareholder value maximization, outlining the principal tenets of a climate-friendly finance and introducing a new type of money linked to climate mitigation and adaptation efforts.

Green Capitalism

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Author :
Publisher : Mute
ISBN 13 : 9781906496104
Total Pages : 0 pages
Book Rating : 4.4/5 (961 download)

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Book Synopsis Green Capitalism by : James Heartfield

Download or read book Green Capitalism written by James Heartfield and published by Mute. This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A polemic against 'Green Capitalism'. James Heartfield accuses the 'Green Capitalists' of profiteering over climate change and other environmental scares. Green capitalists like Zac Goldsmith and Al Gore are manufacturing scarcity to boost prices. The technological revolution has removed scarcity from most of our lives, but the green capitalists are trying to re-invent it. Chapters on 1. The age of plenty, 2. The retreat from production, 3. The green capitalists, 4. Manufactured scarcity, 5. Green consumerism, 6. The economy of wasting time, 7. Green imperialism, 8. Environmental economics, 9. Green socialism?, 10. The unnatural limits to growth, plus an appendix, The revolution in technique. Bibliography and index. 136 pp. Author James Heartfield wrote Let's Build! Why we need five million new homes in the next 10 years (2006) The Creativity Gap (2005) The Death of the Subject Explained (2002). www.heartfield.org

Green Capitalism

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Author :
Publisher : Almenna bókafélagið
ISBN 13 :
Total Pages : 37 pages
Book Rating : 4./5 ( download)

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Book Synopsis Green Capitalism by : Hannes H. Gissurarson

Download or read book Green Capitalism written by Hannes H. Gissurarson and published by Almenna bókafélagið. This book was released on 2017-12-31 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the first part the report discusses the common claim that our environment is being destroyed and recalls dire predictions about the future, trying to explain their emotional roots. In the second part it describes the main tenets of ‘wise use environmentalism’ and the economic and political case for private property rights. In the third part it analyses solutions that have been developed in Iceland to the problem of common-pool or non-exclusive resources, such as mountain pastures, salmon rivers and, most importantly, offshore fisheries. In the fourth part it looks at exotic wildlife, whales, elephants, and rhinos and argues that the best way to conserve these valuable species is by defining some kind of use rights to them, akin to private property rights, and to allow trade in their products. Finally, it offers some recommendations.

A People's Green New Deal

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Publisher :
ISBN 13 : 9781786807069
Total Pages : 0 pages
Book Rating : 4.8/5 (7 download)

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Book Synopsis A People's Green New Deal by : Max Ajl

Download or read book A People's Green New Deal written by Max Ajl and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The idea of a Green New Deal was launched into popular consciousness by US Congressperson Alexandria Ocasio-Cortez in 2018. Evocative of the far-reaching ambitions of its namesake, it has become a watchword in the current era of global climate crisis. But its new ubiquity brings ambiguity: what - and for whom - is the Green New Deal? In this concise and urgent book, Max Ajl provides an overview of the various mainstream Green New Deals. Critically engaging with their proponents, ideological underpinnings and limitations, he goes on to sketch out a radical alternative: a 'People's Green New Deal' committed to degrowth, anti-imperialism and agro-ecology. Ajl diagnoses the roots of the current socio-ecological crisis as emerging from a world-system dominated by the logics of capitalism and imperialism. Resolving this crisis, he argues, requires nothing less than an infrastructural and agricultural transformation in the Global North, and the industrial convergence between North and South. As the climate crisis deepens and the literature on the subject grows, A People's Green New Deal contributes a distinctive perspective to the debate.

This Changes Everything

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Publisher : Simon and Schuster
ISBN 13 : 1451697384
Total Pages : 576 pages
Book Rating : 4.4/5 (516 download)

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Book Synopsis This Changes Everything by : Naomi Klein

Download or read book This Changes Everything written by Naomi Klein and published by Simon and Schuster. This book was released on 2014-09-16 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explains why the environmental crisis should lead to an abandonment of "free market" ideologies and current political systems, arguing that a massive reduction of greenhouse emissions may offer a best chance for correcting problems.

Green Capital

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Author :
Publisher : Columbia University Press
ISBN 13 : 0231540361
Total Pages : 285 pages
Book Rating : 4.2/5 (315 download)

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Book Synopsis Green Capital by : Christian de Perthuis

Download or read book Green Capital written by Christian de Perthuis and published by Columbia University Press. This book was released on 2015-10-13 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many believe economic growth is incompatible with ecological preservation. Green Capital challenges this argument by shifting our focus away from the scarcity of raw materials and toward the deterioration of the great natural regulatory functions (such as the climate system, the water cycle, and biodiversity). Although we can find substitutes for scarce natural resources, we cannot replace a natural regulatory system, which is incredibly complex. It is therefore critical that we introduce a new price into the economy that measures the costs of damage to these regulatory functions. This change in perspective justifies such innovations as the carbon tax, which addresses not the scarcity of carbon but the inability of the atmosphere to absorb large amounts of carbon without upsetting the climate system. Brokering a sustainable peace between ecology and the economy, Green Capital describes a range of valuation schemes and their contribution to the goals of green capitalism, proposing a new approach to natural resources that benefits both businesses and the environment.

Overheated

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Publisher : Bold Type Books
ISBN 13 : 1568589964
Total Pages : 403 pages
Book Rating : 4.5/5 (685 download)

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Book Synopsis Overheated by : Kate Aronoff

Download or read book Overheated written by Kate Aronoff and published by Bold Type Books. This book was released on 2021-04-20 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: This damning account of the forces that have hijacked progress on climate change shares a bold vision of what it will take, politically and economically, to face the existential threat of global warming head-on. In the past few years, it has become impossible (for most) to deny the effects of climate change and that the planet is warming, and to acknowledge that we must act. But a new kind of denialism is taking root in the halls of power, shaped by a quarter-century of neoliberal policies, that threatens to doom us before we've grasped the full extent of the crisis. As Kate Aronoff argues, since the 1980s and 1990s, economists, pro-business Democrats and Republicans in the US, and global organizations like the UN and the World Economic Forum have all made concessions to the oil and gas industry that they have no intention of reversing. What's more, they believe that climate change can be solved through the market, capitalism can be a force for good, and all of us, corporations included, are fighting the good fight together. These assumptions, Aronoff makes abundantly clear, will not save the planet. Drawing on years of reporting and rigorous economic analysis, Aronoff lays out a robust vision for what will, detailing how to constrain the fossil fuel industry; transform the economy into a sustainable, democratic one; mobilize political support; create effective public-private partnerships; enact climate reparations; and adapt to inevitable warming in a way that is just and equitable. Our future, Overheated makes clear, will require a radical reimagining of our politics and our economies, but if done right, it will save the world.