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| Author: | Hinterberger, F. Luks, F. Schmidt-Bleek, F. |
| Title: | Material flows vs. "natural capital": what makes an economy sustainable? |
| Journal: | Ecological Economics
1997 : OCT, VOL. 23:1, p. 1-14 |
| Index terms: | ECOLOGY ECONOMIC CONDITIONS CAPITAL |
| Language: | eng |
| Abstract: | In the discourse about sustainable development, "constant natural capital" is frequently referred to as a criterion for ecological sustainability. But what is "natural capital"? The concept will be analyzed by presenting arguments in favour of using the term and different versions of sustainability (strong and weak). Subsequently, a critique of the "natural capital" concept is brought forward, from an ecological as well as from an economic perspective. |
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