We are now heading down a centuries-long path toward increasing the productivity of our natural capital - the resource systems upon which we depend to live - instead of our human capital.
Paul HawkenRead
We can no longer prosper by increasing human productivity. The more we try to do, the more poverty we will create.
Interpretation
Increased productivity may lead to greater poverty rather than prosperity.
This quote by Paul Hawken suggests that simply enhancing human productivity is not a sustainable path to prosperity. Instead, it warns that relentless efforts to produce more may exacerbate inequalities and ultimately contribute to societal poverty, highlighting the need for a more holistic approach to progress that considers the well-being of all individuals.
In practice
This quote can be used in a discussion about the limits of economic growth at a conference on sustainability.
We are now heading down a centuries-long path toward increasing the productivity of our natural capital - the resource systems upon which we depend to live - instead of our human capital.
Inspiration is not garnered from the litanies of what may befall us; it resides in humanity's willingness to restore, redress, reform, rebuild, recover, reimagine, and reconsider.
At present we are stealing the future, selling it in the present, and calling it gross domestic product.
How much harm does a company have to do before we question its right to exist?
We have the capacity to create a remarkably different economy: one that can restore ecosystems and protect the environment while bringing forth innovation, prosperity, meaningful work, and true security.
You are Brilliant and the Earth is Hiring.
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Economic systems are not value-free columns of numbers based on rules of reason, but ways of expressing what varying societies believe is important.
Tax laws favor capital over labor, giving capital gains a lower rate than ordinary income. The rich get humongous mortgage interest deductions while renters get no deduction at all.
Crony capitalism is much easier than competing in an open market. But it erodes our overall standard of living and stifles entrepreneurs by rewarding the politically favored rather than those who provide what consumers want.
The law of property determines who owns something, but the market determines how it will be used.
We have always known that heedless self-interest was bad morals; we know now that it is bad economics. Out of the collapse of a prosperity whose builders boasted their practicality has come the conviction that in the long run economic morality pays.
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