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Showing posts with the label “green capitalism”

Is a ‘Green Capitalism’ Possible?

In a nutshell, the climate  negotiations “are predicated on a contradiction: the task of agreeing a programme of radical global economic transformation is allocated to those – including, this year, a record 2,500 fossil fuel industry representatives – who stand to lose the most from disrupting the current economic model. For the most influential in these negotiations – the titans of finance, energy giants, and the wealthy states who protect their interests – the solution to this dilemma is to find a way to transform the foundations of global capitalism, from energy to agriculture and from transport to industry, while preserving everything else about its social relations and overarching dynamics. Theirs is necessarily a future in which the transition to a decarbonised and ecologically sustainable economy implies no trade-off with continued growth, profit maximisation, private ownership or accumulation: in short, from fossil capitalism to a green capitalism. For some, green capi...

Climate Change

“ A new Oxfam report finds that the richest 1 percent of people alone are responsible for  double the emissions  of the poorest 50 percent of the global population. That means that even if the working class of the Global North took all the individual actions that are recommended or we forced poor people in the Global South to stop having kids, that still wouldn’t solve the problem.” The class aspect