A Sustainable Future Within Reach

Capitalism, History of capitalism, Mercantilism, Consumer Capitalism, Natural Capitalism, Globalization, Globalized Capitalism

Table of Contents

Preface:

  • Why this book? And why now?

CH.1: Introduction: Overview and plan of the book

  • The power of narratives
  • Central themes
  • Some terminology clarified:
    • Feudalism
    • Mercantilism
    • Capitalism
    • Natural Capitalism, Biocentrism, and Biosphere Consciousness
    • Markets
    • Classical Liberalism and Progressive Liberalism
  • The plan of the book

Part I: Sustainability and Natural Capitalism:

CH.2: Genuine sustainability and what it will require of us

  • How is “sustainability” to be defined?
  • Political sustainability

CH.3: Natural Capitalism: A hopeful alternative

  • A new focus for productivity
  • The four principles of Natural Capitalism
    • First principle: maximize resource productivity
    • Second principle: biomimicry – closed-loop systems
    • Third principle: cradle to cradle – a new business model
    • Fourth principle: restoring natural capital
  • Concluding remarks

CH.4: Natural Capitalism: The underlying narrative

  • The infrastructural requirements of Natural Capitalism and the Third Industrial Revolution
  • The character of the post-TIR world
  • The narrative of sustainability:
    • Valuing nature in and of itself
    • Adopting biosphere consciousness as a fundamental moral attitude
    • The role of humility and empathy
    • Collaboration (valuing cooperation over competition)
    • Valuing community (open communications, trust, and social capital)
    • The decentralization of political authority
    • The democratization of energy and economic opportunity
    • Prioritizing local adaptation and shared knowledge
    • Prioritizing human capital before industrial capital
    • Taking a long-term perspective
    • Prioritizing access to services before private ownership
    • Why it all depends on us as individuals
  • Concluding remarks

Part II: Classical Liberalism: The Conceptual Foundations of Consumer Capitalism:

CH.5: John Locke and the Theory of Private Property

  • Historical context and Locke’s motives
  • The theory reconstructed
  • Some consequences of the theory:
    • Our labour is alienable
    • We live in a meritocracy
    • The value of nature
    • The doctrine of Terra nullis and colonialism

CH.6: Adam Smith and the Laissez-Faire Market

  • Historical context and Smith’s motives
  • Reconstructing Smith’s theory
  • Some consequences of the theory:
    • Self-interest versus selfishness as a motive
    • De-regulation
    • Privatization
    • Lower taxes

CH.7: Contrasting Visions: Classical vs. Progressive Liberalism and the Ideal State

  • Robert Nozick: The Night Watchman State
    • Stage 1: Leaving anarchy behind
    • Stage 2: Limits of the state
  • John Rawls: Justice as Fairness
    • Stage 1: The principles of justice
    • Stage 2: The original position
  • The two views compared:
    • Joseph Stiglitz and the price of inequality
    • Robert Putnam and social capital

CH.8: Corporate Governance and the Limits of Corporate Responsibility

  • The Shareholder model (Milton Friedman)
  • The Stakeholder model (R. Edward Freeman)
  • Summary and conclusions

Part III: Classical Liberalism Through a Normative Lens:

CH.9: Consequentialist Moral Theories

  • Historical context and motivations
  • Rule Utilitarianism
    • Stage 1: The standard version of John Stuart Mill
    • Stage 2: Preference Utilitarianism
  • Why Preference Utilitarianism is such a good fit for Classical Liberalism:
    • It provides the justifications for Classical Liberal prescriptions
    • It gives moral content to the idea of “Making the world a better place”
    • It makes its prescriptions on the basis of a kind of Cost-Benefit accounting
  • Re-evaluating the “fit” of Preference Utilitarianism for Classical Liberalism:
    • The absurdity of Human Rights
    • The re-imagination of Justice
    • Instrumentalizing our relations to others

CH.10: Kantian Duty Theory and the Deontological Normative Tradition

  • Kant’s historical context and motivations
  • The theory reconstructed
    • The Categorical Imperative: the fundamental law in its first formulation
    • The Practical Imperative: the fundamental law in its second formulation
    • The Kingdom of Ends: The fundamental law in its third formulation
    • The nature of our duties: Perfect vs. Imperfect duties and duties to others vs. duties to self
  • Kantian Duty Theory and Classical Liberalism
    • Agreement with Locke on the right to autonomy
    • Emphasizes our relationships to one another
    • The problem of non-human animals
    • Globalization and respect for others
    • The problem of motives
  • Summary and conclusions

CH.11: Concluding remarks

  • Why the Green New Deal is not the old New Deal
  • Sustainability will not look the same everywhere
  • Sizing up the alternatives
    • Classical Liberalism: a worldview past its shelf life
    • Biosphere Consciousness: a worldview for a sustainable future

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