Green economics means a direct focus on meeting human and environmental need.
Green economics is the economics of the real world (world of work, human needs, Earth’s materials) and how they mesh together most harmoniously.

The industrial (or capitalist) definition of wealth has always been about the accumulation of money and matter. For two centuries, the quest to accumulate money or capital drove a powerful industrialization process that actually did spin off many human benefits, however unfairly distributed. But blind material and monetary growth has reached a threshold where it is generating more destruction than real wealth. A postindustrial world requires an economics of quality, where both money and matter are returned to a status of means to an end.
We have to face something more far-reaching—the need to reverse the huge state-corporate and social engineering projects of the post-Second World War period, which very consciously promoted an energy-wasting and environmentally destructive fossil fuel economy (Noam Chomsky).
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REFERENCES:
1) http://www.greeneconomics.net/what2f.htm
2) http://www.progress.org/green/
3) http://www.urbanhabitat.org/taxonomy/term/84
IMAGE:
Name- Ecology Society Economy Diagram Earth background
Source- http://commons.wikimedia.org/wiki/File:Ecology_Society_Economy_diagram_Earth_background.jpg
Image has been released into the public domain







