Capitalism and Sustainable Development


  • Jean-Jacques Lambin



Capitalism, Global Economic Crisis, Sustainable Development, New Business Model, Functional Economy


The crisis has shattered confidence in the public opinion on the capacity of the capitalist system to regulate itself to avoid catastrophic situations as presently observed in the world. The question is to know whether the capitalist system will be able to evolve toward a business model compatible with the objective of sustainable development. To the firm, the challenge is formidable: how to conciliate the profitability imperative with the necessity to reduce waste, pollution and carbon emissions? The models of a loop economy and of a functional service economy are complementary and propose new business models promising solutions for developing an eco-responsible capitalism.

Author Biography

Jean-Jacques Lambin

Professor Emeritus University of Milan-Bicocca, Professor Emeritus Catholic University of Louvain




How to Cite

Lambin, J.-J. (2009). Capitalism and Sustainable Development. Symphonya. Emerging Issues in Management, (2), 3–9.