Green the Capitalists
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The main stream economic theories that promote consumerism and green economics are two discrete approaches and in reality, there is no clear path to reach to a sustainable economy. Our industrial civilization now riding on financial capitalism has taken off the ground after 1990s financial deregulation for reaching to its tragic end just like a moth to a flame. On its way, it is irreversibly and progressively damaging the environment and exhausting its lifeblood fossil fuel reserves. If a big financial crisis hard hits global economy, the possibility of alternate renewable energy to take over ...
The main stream economic theories that promote consumerism and green economics are two discrete approaches and in reality, there is no clear path to reach to a sustainable economy. Our industrial civilization now riding on financial capitalism has taken off the ground after 1990s financial deregulation for reaching to its tragic end just like a moth to a flame. On its way, it is irreversibly and progressively damaging the environment and exhausting its lifeblood fossil fuel reserves. If a big financial crisis hard hits global economy, the possibility of alternate renewable energy to take over may disappear. Since crises are converging and gaining potential to explode, the existence of our civilization is being challenged. In this book, the author, Monowar Zaman, who pioneered the award winning concept "Mobile Money" that already has benefited over a billion poor people in the world, introduces a number of brand new concepts such as "Pareto Coalition", "Biased Equilibrium", "Differential Market Model (DMM)", "Money Market Dynamics (MMD)", "Economics of Information Biasing" etc. to fundamentally cover the mainstream economic concepts and at the same time address this biggest ever looming crisis of mankind. He describes a strategy for a massive auto-adjust switch-over from existing growth based economy to a sustainable economy through an unbiased vertical learning process by bringing the existing and potential sufferers¿eventually everyone under a common economic framework, while solving their economic problems in real time.
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