The Next Industrial Revolution
By Paul Hawken, Amory B. Lovins, and L. Hunter Lovins.
The book is about the possibilities that will arise from the birth of a new type of industrialism, one that differs in its
philosophy, goals, and fundamental processes from the industrial system that is the standard today
There will be a remarkable transformation of industry and commerce as human population doubles and the resources
available per person from by one-half to three-fourths
Society will create a vital economy that uses radically less material and energy. Free up resources, reduce taxes on
personal income, increase per-capita spending on social ills and to restore the damaged environment of the earth
Mid-eighteenth century- more of nature has been destroyed than in all prior history
Natural capital: water, mineral, oil, trees, fish, soul, air, all living systems.
More people and business place greater strain on living systems, limits to prosperity are coming to be determined by
natural capital rather than industrial prowess
Right now, technology keeps ahead of depletion, providing what appear to be ever-cheaper but in reality all the
consequences they leave in the wake are not factored into the cost of production
Humankind has inherited a 3.8-billion-year store of natural capital.
At present rates of use and degradation, there will be little left by the end of the century.
Economy needs four types of capital to function properly, the first three are forms of capital to transform natural capital
into the stuff of our daily lives:
– labor and intelligence,
– monetary instruments,
infrastructure, machine, tools, and
– resources, living system and ecosystems
There is no know alternative to nature’s carbon cycle service
Past half century, the world has a lost of a 1/4 of its topsoil and a 1/3 of its forest, 70% of coral reef, 25% of marine life.
Past 30 years the world lost, 1/3 of the planet’s resources
Fresh water ecosystems are losing at a rate of 6% per year. Marine ecosystem by 4% per year
Capitalism: a financially profitable non-sustainable aberration in human development.
It neglects to assign any value to the largest stocks of capital employs: Natural resources, living systems, culture
and social system.
Cannot be corrected simply by assigning monetary values
Living system have no substitutes
valuing natural resources is a difficult and imprecise exercise
Machines unable to provide a substitute for humans
Step toward any comprehensive economic and ecological change is to understand the mental model that dorms the basis