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The Sustainable Capital Revolution: Banking for the Future Claudio Scardovi ebook
- Page: 168
- Format: pdf / epub / kindle
- ISBN: 9781032889214
- Publisher: Taylor & Francis
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Modern capitalism has focused on profit maximization at the expense of non-renewable natural resources. This has led to wealth polarization – that is, social unsustainability – and climate change – that is, environmental unsustainability. Value migration has occurred between the ultra-rich and the “remaining 99%” and across generations, with increased longevity and a demographic winter expected to contribute even more. All this has led us on a collision course with several existential threats....
