"Industrial capitalism, as it is now practiced, is unnatural-an aberration. It defies the logic of capitalism because it does not value, but rather is liquidating, the important forms of capital, especially natural capital" . Explain what Lovins means by her statement.

Note: the directive 'explain' is typically asking you to accept the statement as true. Your task then is to convince your tutor and the other students in your class that you know why the statement is true. Your explanation would include defining what is meant by "industrial capitalism" (IC) and "natural capital", and explaining what is meant by the claim that IC "is liquidating . . . natural capital". [Liquidation typically refers to bringing a business (a corporation) to an end, which calls for converting its assets to cash, and paying off its claimants.] Support your discussion using one or more real-world examples of how IC "is liquidating ... natural capital".

However, having said that, if you also wish to take 'issue' with the proposition/you have evidence to the contrary, then let us hear about it

Answer rating: 100% (QA)

The statement made by Lovins highlights a critical perspective on industrial capitalism IC and its relationship with natural capital To explain her st... View the full answer