Green Investment, Green Economy and Green Finance

During the last forty years, most governments around the world have supported the long-run process of financial expansion that turned out to be characterized as the financialization of the capitalist economy. In this historical scenario, monopoly-finance capital became increasingly dependent on bubbles that, both in credit and capital markets, proved to be global sources of endogenous financial fragility. In a Green Economics approach to investment and finance, it is especially important to understand this current global challenge. The process of financial deregulation has been added to by new investment and consumption patterns, while government social and infrastructure spending has become increasingly restricted by policy rules based on surplus targets. Indeed, changes in the distribution of income, wealth and power have affected labor and working conditions. See more