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Six capitals : capitalism, climate change and the accounting revolution that can save the planet / Jane Gleeson-White
Bib ID 8417843
Format BookBook [text, volume]
Author
Gleeson-White, Jane, author
 
Edition Revised edition. 
Description Crows Nest, NSW : Allen & Unwin, 2020 
©2020 
xxxvi, 248, 9 pages ; 21 cm 
ISBN 9781760876784 (paperback)
Summary

This is the story of a 21st century revolution being led by the most unlikely of rebels: accountants. It is only the second revolution in accounting since double-entry bookkeeping emerged in medieval Italy and it is of seismic proportions, driven by the 2008 financial crash and the environmental crisis. The changes it will wreak are profound and far-reaching. They will transform not only the way the world does business but alter the very nature of corporate capitalism. This revolution demands that we start accounting for nature and society. It urges us to rethink our idea of capital, insisting that the familiar categories of industrial and financial capital bequeathed by the mercantile and industrial ages be broadened to include four new categories of wealth: intellectual, human, social and natural. Incorporating them into our financial statements and GDP figures could be the only way to address the many crises we face today. Just two years ago this revolution seemed idealistic and unlikely. Today it is unfolding at speed. 2012 was the sea-change year, in which two key initiatives took root: an international movement to transform corporate accounting, and the rise of natural capital accounting for nations and the global economy. Six Capitals tells the story of their rise to prominence, which signals a new age in capitalism, and evaluates their promise and their threat. The revolution is here. But will we embrace its potential or deny its urgency? Can accountants save the planet or will we destroy it for future generations?

Notes

"Fully revised and updated" -- Cover.

First published in 2014.

Includes excerpt from "Double entry".

Includes bibliographical references (pages 217-234) and index.

Subjects Finance.  |  Corporations -- Accounting.  |  Sustainability -- Economic aspects.  |  Accounting -- Social aspects.  |  Accounting -- Economic aspects.  |  Capitalism.  |  Australian

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