What Defines Capitalism? Whats Wrong with It and How to Fix It
6 Pages Posted: 27 Jan 2012
Date Written: January 25, 2012
Economists have neglected the nature of property rights as a policy variable for mitigating the inefficiencies, inequities and un-sustainability of capitalism. Ecological property rights are described that provide a way for introducing prosperity without growth to sustain both society and the environment.
Keywords: Ecological capitalism, Property rights, Surplus profits, Universal income
JEL Classification: D02, D31, D63, E42, P14, P48
Suggested Citation: Suggested Citation