It’s Capitalism or a Habitable Planet – You Can’t Have Both by Robert Newman




“Our economic system is unsustainable by its very nature . . . It is predicated on infinitely expanding markets, faster consumption and bigger production in a finite planet . . . the climate chaos that would unleash would make the mere collapse of industrial society (due to peak oil) a sideshow bagatelle . . .The only response to climate chaos and peak oil is major social change.”

“Our economic system, capitalism, is unsustainable by its very nature. The only response to climate chaos and peak oil is major social change . . . It is predicated on infinitely expanding markets, faster consumption and bigger production in a finite planet . . . the climate chaos that would unleash would make the mere collapse of industrial society (due to peak oil) a sideshow bagatelle.”

“Private ownership of trade and industry means that the decisive political force in the world is private power. The corporation will outflank every puny law and regulation that seeks to constrain its profitability. It therefore stands in the way of the functioning democracy needed to tackle climate change. Only by breaking up corporate power and bringing it under social control will we be able to overcome the global environmental crisis.”

Read the full article at the Guardian

 

Keywords : capitalism, consumption, consumerism, industry, waste, peak oil, ecosocial crisis, democracy, corporation, corporate power
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