Climate change and capitalism

July 27, 2012 by Lou Grinzo

Domen Colja/Shutterstock

I’ve long pushed the view that the so-called “free market” (or capitalism or however you care to slice and dice economics in the US and similar countries) should not be viewed as an end in itself, an all-powerful mystical force to be worshiped, but as a very powerful tool to be utilized as we collectively see fit to meet our collective...[read more]

Naomi Klein is Half Right About Capitalism vs. the Climate

December 6, 2011 by Gernot Wagner

Naomi Klein is always worth reading. If you haven’t seen Capitalism vs. the Climate, go ahead. I’ll wait. Her 10,000-word exposé is well worth the effort. It makes the essential point that addressing climate change means reorganizing how the world does business. Klein makes the point by arguing that the climate-denier crowd at the...[read more]

Planetary Socialism

September 9, 2011 by Gernot Wagner

Yesterday’s New York Times published my op-ed under the somewhat provocative heading “Going Green but Getting Nowhere.” The point, of course, is not to give up, but instead to look for policy solutions that channel market forces in the right direction. Not because the market should be king, but because it all too often is. One of the key...[read more]

Carbon Output "Socialism On A Planetary Scale"

July 7, 2011 by Gernot Wagner

One of the more powerful quotes about the importance of taking nature seriously goes back to Oystein Dahle: “Socialism collapsed because it did not allow the market to tell the economic truth. Capitalism may collapse because it does not allow the market to tell the ecological truth.” It’s made all the more powerful as Mr. Dahle is...[read more]

People's Agreement released following WPCCC in Cochabamba, Bolivia

April 27, 2010 by Richard Graves

Today, our Mother Earth is wounded and the future of humanity is in danger. If global warming increases by more than 2 degrees Celsius, a situation that the “Copenhagen Accord” could lead to, there is a 50% probability that the damages caused to our Mother Earth will be completely irreversible. Between 20% and 30% of species would be in...[read more]

Omelets without Eggs / Fuel without Oil

July 23, 2008 by Chris Schultz

Over at the Freakonomics blog, Steven Dubner hints that we could be in the process of witnessing what Austrian economist Joseph Schumpeter called "Creative Destruction."From his post "Don't Throw out Capitalism just yet." The turbulence of the U.S. economy has lots of people railing against capitalism itself, and with good reason:...[read more]