Which concept expresses the relationship between society and ecosystem in economic terms?

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Natural capitalism is the correct concept that expresses the relationship between society and the ecosystem in economic terms. This term, popularized by Paul Hawken, Amory Lovins, and L. Hunter Lovins in their book "Natural Capitalism," emphasizes the idea that the economy is fundamentally dependent on the natural environment. It advocates for a model where businesses can be profitable while also benefiting natural ecosystems.

Natural capitalism posits that the traditional view of capitalism does not adequately account for the value of ecosystem services, natural resources, and biodiversity. By integrating environmental sustainability into economic practice, this concept encourages businesses to innovate and develop technologies that use resources more efficiently, thereby reducing waste and promoting the sustainability of ecological systems. It aims to shift the perspective from viewing natural resources as mere commodities to recognizing their intrinsic value and the services they provide to society.

The other concepts, while related to sustainability and economics, do not capture this specific relationship as directly as natural capitalism does. For instance, eco-economics broadly refers to a field that combines ecological and economic principles, but it doesn’t strictly define the interplay between society and ecosystems in economic terms the way natural capitalism does. The green economy focuses on creating economic growth while reducing ecological risks, which is aligned with sustainability efforts but

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