Logo degrowth
Scientific paper

Text

Alternative capital for alternative development: Investigation of possible development transition using capital method

Author:
Chiung Ting Chang

Entry type:
Scientific paper

Year of publication:
2014

Publishers:
Degrowth Conference Leipzig 2014

Language:
English

Abstract: How to move from current unsustainable pattern of development to a sustainable one? Here we make an attempt to propose a possible route of transition in the perspective of capital. That is to focus on the investment of human capital and of social capital. The strategies for transformation will be also based on the shifting the resources to human-centered investment. Although the plan will crowd out the investment in physical capital, it will contribute more directly to the enhancement of well-being of individuals at a broader base. This article provides preliminary answer to the above questions using capital method. The preliminary findings regarding pair-wise comparison between social capital and natural capital, that between social capital and human capital, and that between physical capital and natural capital are demonstrated. A prototype is constructed in order to demonstrate the preliminary findings of the relationship between social capital, human capital, natural capital and physical capital in welfare attainment. There are 14 factors and 29 processes identified in the prototype.

Share on the corporate technosphere