TAILIEUCHUNG - CHAPTER 1 The Next Industrial Revolution

Emerging possibilities — A new type of industrialism — The loss of living systems — Valuing natural capital — The industrial mind-set — The emerging pattern of scarcity — Four strategies of natural capitalism — Radical resource productivity — Putting the couch potato of industrialism on a diet — An economy of steady service and flow — Restoring the basis of life and commerce | CHAPTER 1 The Next Industrial Revolution Emerging possibilities A new type of industrialism The loss of living systems Valuing natural capital The industrial mind-set The emerging pattern of scarcity Four strategies of natural capitalism Radical resource productivity Putting the couch potato of industrialism on a diet An economy of steady service and flow Restoring the basis of life and commerce IMAGINE FOR A MOMENT A WORLD WHERE CITIES HAVE BECOME PEACEFUL and serene because cars and buses are whisper quiet vehicles exhaust only water vapor and parks and greenways have replaced unneeded urban freeways. OPEC has ceased to function because the price of oil has fallen to five dollars a barrel but there are few buyers for it because cheaper and better ways now exist to get the services people once turned to oil to provide. Living standards for all people have dramatically improved particularly for the poor and those in developing countries. Involuntary unemployment no longer exists and income taxes have largely been eliminated. Houses even low-income housing units can pay part of their mortgage costs by the energy they produce there are few if any active landfills worldwide forest cover is increasing dams are being dismantled atmospheric CO2 levels are decreasing for the first time in two hundred years and effluent water leaving factories is cleaner than the water coming into them. Industrialized countries have reduced resource use by 80 percent while improving the quality of life. Among these technological changes there are important social changes. The frayed social nets of Western countries have been repaired. With the explosion of family-wage jobs welfare demand has fallen. A progressive and active union movement has taken the lead to work with business environmentalists and government to create just transitions for workers as society phases out coal nuclear energy and oil. In communities and towns churches corporations and labor groups promote a new living-wage .

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