In contrast to Smith and FCY, Hawken believes that capitalism (or the "free enterprise" system more broadly) can be made to be compatible with sustainability. Explain his basic argument.

Answers

Hawken's basic argument is that businesses have the potential to fulfill their economic responsibilities, while also recognizing and protecting their environmental responsibilities to create a more ecologically balanced and sustainable future. In his view, capitalism can be made compatible with sustainability by shifting away from a focus on short-term profit gains in favor of long-term investments in sustainable practices and technologies. He also promotes a shift in corporate culture and values away from competition and profit-seeking towards cooperation and sustainability. Lastly, he argues that businesses must be held accountable by government and citizens to ensure they are living up to sustainability goals.

Answered by Kristy

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