We need to revise our economic thinking to give full value to our
We need to revise our economic thinking to give full value to our natural resources. This revised economics will stabilize both the theory and the practice of free-market capitalism. It will provide business and public policy with a powerful new tool for economic development, profitability, and the promotion of the public good.
Host: The evening sky glowed with the pale bruises of twilight — that hour when the city holds its breath, neither fully alive nor at rest. The office was high above the streets, a glass cube suspended in air. Through the wide windows, you could see the grid of lights stretching endlessly, like a restless circuit of ambition.
Jack stood by the glass, his reflection split by the skyline — half shadow, half flame. His suit was crumpled, his tie loosened, a faint beard growing like rebellion against the day. Across the room, Jeeny sat at a long mahogany table, her laptop closed, her eyes fixed on the rising smog that wrapped the city’s edges like fog that had lost its purity.
The clock on the wall blinked past 7 p.m. The last intern had gone home hours ago. Only the two of them remained — the cynic and the dreamer, holding another late-night argument about the soul of the economy.
Jeeny: “Paul Hawken said, ‘We need to revise our economic thinking to give full value to our natural resources. This revised economics will stabilize both the theory and the practice of free-market capitalism.’”
Jack: Dryly. “Ah yes. The gospel of green capitalism. Noble words, doomed idea.”
Host: The air conditioner hummed low, a sterile wind against the tension. Jeeny didn’t flinch. She had heard that tone before — the tone of someone who mistook resignation for wisdom.
Jeeny: “You say doomed, but what’s really doomed is the system we have now — one that pretends trees are worthless until they’re turned into paper, and water only matters when it’s bottled.”
Jack: “Spoken like someone who’s never balanced a corporate ledger. Idealism doesn’t pay dividends, Jeeny. The market rewards efficiency, not empathy.”
Jeeny: “Efficiency for whom, Jack? For the shareholders, not the soil. For the bottom line, not the rivers. Hawken’s right — our economy’s been pretending that nature is free. But there’s no such thing as a free lunch, not even from the Earth.”
Host: Her voice cut through the mechanical hum, steady and alive. Jack turned, the city’s reflection still burning in his eyes.
Jack: “You can’t monetize morality. The moment you try, you turn the sacred into a commodity. That’s the irony — green economics is just capitalism trying to find a conscience it never had.”
Jeeny: “It’s not about morality, Jack. It’s about math. The real cost of pollution, deforestation, and climate collapse isn’t in the books. We’re cooking the planet and calling it profit.”
Host: A flicker of light from a passing plane crossed the window, a tiny reminder of movement in the vast stillness.
Jack: “And what’s your solution? Put a price tag on air? On sunlight?”
Jeeny: “Why not? If it forces people to see value, to pay attention, then yes. The problem isn’t assigning worth — it’s pretending there isn’t any.”
Host: Jack walked toward the table, resting his hands on the smooth wood. His voice lowered, quieter now, but laced with fatigue.
Jack: “You think policy can fix human greed? We’ve tried taxes, incentives, carbon credits — and still, people take until there’s nothing left. The market is human nature quantified.”
Jeeny: “No, Jack. The market is human short-sightedness quantified. We act like the world is an inheritance, not a loan.”
Host: The lights of another building flicked off, one floor at a time, like the city itself was blinking in slow exhaustion.
Jack: “You talk about revising economics as if that will change who we are. But the problem isn’t the theory — it’s us. The hunger to win, to consume, to have more. That’s not an economic flaw; it’s a biological one.”
Jeeny: “Then maybe civilization is supposed to rise above biology. Maybe that’s what makes us human — to choose balance over appetite.”
Host: The rain began, tapping softly on the glass, blurring the skyline into watercolor streaks of gold and smoke.
Jeeny: “Do you remember the Aral Sea?”
Jack: Pausing. “The one that dried up?”
Jeeny: “Yes. It used to be the fourth-largest lake in the world. Then the Soviet Union diverted its rivers to grow cotton. They made billions. The lake vanished. Now it’s a desert filled with salt storms and ghosts of ships. That’s our model of growth — profit first, wasteland later.”
Host: Jack turned away, staring at the faint reflection of his face in the window — a man of numbers haunted by the arithmetic of loss.
Jack: “You think one revised theory will change that? People don’t care about the Aral Sea. They care about quarterly returns.”
Jeeny: “Then maybe the theory isn’t for them. Maybe it’s for those who still believe in long-term sanity. Hawken said revised economics would stabilize capitalism — not destroy it. Because when you build systems that ignore the natural world, they eventually collapse under their own arrogance.”
Host: The rain thickened, streaming down the glass like melted mercury. The city lights wavered, and for a brief second, the office seemed afloat — a ship made of glass, surrounded by storm.
Jack: “You’re assuming capitalism wants to be saved. But maybe it doesn’t. Maybe it’s a fire that was never meant to last.”
Jeeny: “Then we either learn to control it, or we burn with it. Those are the only choices left.”
Host: The clock ticked louder now, each second sharp as a heartbeat.
Jack: “You talk like the planet has a seat at the negotiation table.”
Jeeny: “It does. We just keep pretending not to hear it. Every hurricane, every drought — that’s the Earth voting ‘no confidence’ in our economy.”
Host: A long silence filled the room. The sound of rain against glass became the only rhythm. Jack leaned against the table, his hands trembling slightly.
Jack: “You know, my father was a miner. He used to come home with dust in his lungs and a paycheck that barely fed us. He believed in the promise of the market — that if you worked hard, the system would reward you. But all it gave him was silence. So forgive me if I don’t believe in a kinder capitalism.”
Jeeny: Softly. “Your father wasn’t betrayed by capitalism. He was betrayed by people who used it without conscience. That’s the difference.”
Host: The rain slowed, fading to a steady whisper. The light above them flickered once, then steadied.
Jeeny: “Imagine an economy where forests have standing value for staying alive, not just for being cut down. Where clean air is worth more than exhaust. Where progress means restoration, not extraction.”
Jack: Quietly. “Sounds utopian.”
Jeeny: “So did democracy once.”
Host: Her eyes met his — calm, dark, unwavering. Jack looked away first, exhaling the kind of breath that feels like surrender.
Jack: “You really think we can rebuild the system from inside?”
Jeeny: “We have to. The outside’s already burning.”
Host: The office fell silent again. The rain had stopped. Only the faint hum of the city below remained — a lullaby of wheels and wires and the endless noise of human endeavor.
Jack walked back to the window. The clouds were breaking apart now, revealing a faint slice of moon above the skyline.
Jack: “Maybe the new economics isn’t about growth anymore. Maybe it’s about remembering what we’ve forgotten to count.”
Jeeny: “Yes. The things that make life possible, not just profitable.”
Host: She smiled faintly — not victory, but understanding. A fragile peace between two philosophies staring at the same horizon.
The city shimmered below, caught between beauty and exhaustion. The moonlight touched the glass, soft as forgiveness.
Host: And for a moment, it seemed that even capitalism — with all its noise, its hunger, its glittering illusion of control — paused long enough to listen to the quiet truth pulsing beneath it all:
That the real wealth of any world is the one it can still breathe.
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