Abstract
ABSTRACTThe proponents of strong sustainability have advanced four main arguments for the non-substitutability of natural capital: the existence argument, the Aristotelian argument, the motivation argument, and the argument from critical natural capital. This paper argues that the first three arguments fail while the fourth cannot be properly assessed without clarifying the notion of critical natural capital. To that end, this paper develops a specific account of critical natural capital as ecological conditions required for the continued existence of economic agents. This improved argument establishes that strong sustainability is probably true, but it also reveals that it may not matter for the purpose of public policy.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
