Green capitalism

Running head : Green Capitalism

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Green Capitalism

Green Capitalism is a new approach for resolving the problem of environmental destruction while ensure the sustainable development of capitalism practices (Bess , 2000 . The world is witnessing the effects of global warming . In addition , economic sustainability remains a major concern by the global community . Based on this , green capitalism concept dictates for use of green energy sources to support the economy (Bess 2000 . By ethics of care , individual humans must protect the environment for the

good of the whole community . Critics have blamed capitalism for its exploitation of available resources without concern of the negative environmental implications of the same (Beaufoy , 1993

From an ethical point of view , green capitalism concept is quite limited in its practicability due to the fact that capitalism by its nature seeks to maximize profits regardless of associated consequences (Beaufoy , 1993 . On the other side , green practices dictate for protection of the environment and its ecosystem . Thus , the theory of green capitalism remains a conflict between caring for the environment and maximization of capital (Beaufoy , 1993 . True to the letter , the world is claimed to have enough renewable resources to sustain its population . Nevertheless , most of these resources like solar , wind , and tidal energies are unpredictable for supporting our current economic energy requirements

Still , the green capitalism concept advocates for reduced consumption of anti-green products in the community (Bess , 2000 . This has an ethical implication of harming the global market capital , a claim that...