抄録
If we trace the history of the concept of sustainable development in economics, the emergence of the concept of strong sustainability, which supposes the impossibility to alternate natural capital by artificial capital, is first landmark. As second, Sen’s remark on the capability, which enables a person to derive more valuable functions from limited resources, is important. However, in order to implement public policy, which regulates overuse of capital and restores damaged capital, the accumulation of social capital is necessary condition. Thus, today, the government must provide the rule, which aims to strengthen the social capital. This paper focuses on the role of taxation as a policy option. Given that globalization and financialization of economy are most threatening the sustainability of our current society, it deserves attention to the adoption of Financial Transaction Tax by EU. From their experience, we could design the principle of new cross-border governance.
