The Wealth Of Nature

Nature-centered economics for the age of peak oil

In this hard-hitting book, Nadeau claims that to avoid the prospect of large-scale irreversible damage to the global environment, society has only one option: they must displace neoclassical economic theory with an environmentally responsible economic theory.

Hailed as "one of the most eminent environmental historians of the West" by Alan Brinkley in The New York Times Book Review, Donald Worster has been a leader in reshaping the study of American history. Winner of the prestigious Bancroft Prize for his book Dust Bowl, Worster has helped bring humanity's interaction with nature to the forefront of historical thinking. Now, in The Wealth of Nature, he offers a series of thoughtful, eloquent essays which lay out his views on environmental history, tying the study of the past to today's agenda for change. The Wealth of Nature captures the fruit of what Worster calls "my own intellectual turning to the land." History, he writes, represents a dialogue between humanity and nature--though it is usually reported as if it were simple dictation. Worster takes as his point of departure the approach expressed early on by Aldo Leopold, who stresses the importance of nature in determining human history; Leopold pointed out that the spread of bluegrass in Kentucky, for instance, created new pastures and fed the rush of American settlers across the Appalachians, which affected the contest between Britain, France, and the U.S. for control of the area. Worster's own work offers an even more subtly textured understanding, noting in this example, for instance, that bluegrass itself was an import from the Old World which supplanted native vegetation--a form of "environmental imperialism." He ranges across such areas as agriculture, water development, and other questions, examining them as environmental issues, showing how they have affected--and continue to affect--human settlement. Environmental history, he argues, is not simply the history of rural and wilderness areas; cities clearly have a tremendous impact on the land, on which they depend for their existence. He argues for a comprehensive approach to understanding our past as well as our present in environmental terms. "Nostalgia runs all through this society," Worster writes, "fortunately, for it may be our only hope of salvation." These reflective and engaging essays capture the fascination of environmental history--and the beauty of nature lost or endangered--underscoring the importance of intelligent action in the present.

What makes our planet's natural treasures worth saving, and why should we care? With hundreds of stunning full-color photographs and more than twenty essays from some of the world's most respected scientists, this latest publication in the CEMEX Conservation Book Series aims to provide some of these answers. With scientific analyses, The Wealth of Nature offers a detailed explanation of the various ecosystem services that support and regulate all natural processes on Earth. It also provides cultural context for how these services are vital for our existence and why their futures—and ours—are at risk. The Wealth of Nature maps out the state of our global resources and clarifies the choices that lay before us. It is within our grasp to adapt to the conditions we have created and to mitigate our impact on the future, but the window of opportunity is closing. Take a moment and come and see the award-winning nature photographers capture Earth's intricate web of life and the solutions we are working toward.

Drawing on historical and contemporary evidence, this book argues that growing environmental degradation and wealth inequality are linked to how nature is exploited to create economic wealth. Ending the under-pricing of natural capital and insufficient human capital accumulation is essential to overcoming structural imbalance in modern economies.

Much has been written about the wealth of nations, the history of unequal distribution and zones of affluence and deprivation within and between societies. This book explores why some Asian nations are more prosperous than others through an examination of how their interaction with and utilization of resources has changed over the centuries.

This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

How did the modern dynamist economy of wealth and opportunity come about? This major new analytical work emphasizes the often surprising, fundamental and continuing processes of innovation and transformation which has produced the world we live in now. / Today we live in a social and economic world that is fundamentally different from the one inhabited by our ancestors. The difference between the experience of people living today and that of all of our ancestors back to the advent of agriculture is as great as that between them and their hunter-gatherer forebears. The processes of transformational changes could have started many times in history - but they first became sustained in North-West Europe about 240 years ago. The question of why this happened in that particular place and time is one that has exercised generations of scholars. Thanks to that work we now have a much clearer idea of how and why the traditional world of our ancestors was so different from the modern world that we inhabit. This book builds on that work and gives a new answer to the question of why and how things changed, showing that this unprecedented breakthrough was the result of the way a particular world-historical process worked out in Europe - largely because of contingent and accidental factors. / The book also considers the question of what kind of world it is that we now live in - and whether it can continue. / Contents: Introduction. / Chapter 1. The Way We Live Now - and the Way We Once Lived. / Ch. 2. Debates and Theories. /Ch. 3. Song China and the Ming Restoration - A Case Study./ Ch. 4. The Military Revolution and the World it Made. / Ch. 5. The European Divergence. / Ch. 6. The Scientific Revolution and the Shaping of the Modern Mind. / Ch. 7. The Enlightenment and the Advent of Modernity. / Ch. 8. The World We Live in - For Now. / Afterword: Are We Still Living in Western Civilization?