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ABSTRACT. The theory that we shall seek to elaborate here puts considerable emphasis on environmental alterations in capitalism, conceptual and political obstacles impeding the advancement of green capitalism, the intricate multi-scalar political economy of environmental capitalism, and the devaluation of nature to a novel type of capital. The analysis presented in this paper contributes to research on the boundaries of the green economy, the growth of market-oriented green decision-making, the hegemonic consequences of the expansion of environmental economy rhetoric, and the ecological confines which capitalism is progressively dealt with.
JEL codes: F18; O13; P28; Q56

Keywords: environmental capitalism; green; political economy; sustainability

How to cite: Popescu, Gheorghe H., and Florin Cristian Ciurlau (2016), “Can Environmental Sustainability Be Attained by Incorporating Nature within the Capitalist Economy?,” Economics, Management, and Financial Markets 11(4): 75–81.

Received 2 July 2015 • Received in revised form 18 June 2016
Accepted 19 June 2016 • Available online 15 July 2016

GHEORGHE H. POPESCU
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Center for Applied Macroeconomic Analysis
at AAER, New York;
Dimitrie Cantemir Christian University, Bucharest
FLORIN CRISTIAN CIURLAU
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Dimitrie Cantemir Christian University, Bucharest

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