Capitalism and Climate Change: A Deadly Duo
May 29, 2023 · 2 mins read
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The risks of climate change have been ignored due to the protection of political and economic interests by the corporate establishment worldwide. In the energy sector, for example, the majority of companies continue to support trade associations who actively oppose climate change
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We need to change our lifestyle if we want to save the planet. We need to consume less, trade less, and invest less in excessive consumption.
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Public ownership of energy is correlated with renewable energy production. Privatization reversals are needed to invest in smart grids, hydropower plants, and windmills.
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Workers in Argentina took over their factories during an economic crisis and ran them as cooperatives. This helped to reduce wealth inequality and create jobs. A similar movement could help to address climate change and create a more just and sustainable world.
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Extractivism is a destructive economic model that extracts natural resources without regard for the environment or the people who live there.
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Big Green groups are supposed to protect the environment, but they've been caught in bed with the very corporations that are destroying it. This is a betrayal of our trust and it's not going to solve the climate crisis.
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Locals around the globe are fighting back against corporate exploitation of natural resources.
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We can create a more just and sustainable world by putting people in control of their resources i.e demococracy, divesting from destructive industries, and resisting corporate power.
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