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We need to revise our economic thinking to give full value to our natural resources. This revised economics will stabilize both the theory and the practice of free-market capitalism. It will provide business and public policy with a powerful new tool for economic development, profitability, and the promotion of the public good.
Paul Hawken
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Interpretation

What this quote means

We should rethink how we value our natural resources to improve economic systems.

In this quote, Paul Hawken emphasizes the importance of integrating the value of natural resources into our economic thinking. He suggests that by doing so, we can create a more stable and effective free-market system that not only enhances profitability but also supports public welfare, demonstrating a holistic approach to economics that benefits both businesses and society as a whole.

Themes

EconomicsNatural ResourcesSustainabilityFree-MarketPublic Good

In practice

Example use cases

This quote can be used in a presentation on sustainable business practices.

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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.
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At present we are stealing the future, selling it in the present, and calling it gross domestic product.
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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.
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