Chapter 16 – Ecological Values and Capitalism
(4,297 words)

16.1 – The Imminent Dominance in China of “The Logic of Capital”

According to Hernando de Soto,1 one of the most insightful comments by Adam Smith on the concept of capital is that its most important property is its ability to appreciate in value.

In this property lies the core of what might be called “the logic of capital,” which is …

Cite this page
Lu, Feng, “Chapter 16 – Ecological Values and Capitalism”, in: Chinese Research Perspectives Online, Edited by: International Advisory Board Chinese Research Perspectives Online. Consulted online on 18 December 2017 <>
First published online: 2016

▲   Back to top   ▲