What Every Environmentalist Needs to Know about Capitalism reviewed by Celsias
Why aren’t we responding rationally to the enormous threat of climate change and other major environmental warnings? Why do we persist in behaviours which are clearly dangerous to the human future and already impinging negatively on the welfare of some populations? Why does reckless disregard mark so much of our economic activity? Magdoff and Foster reply that capitalism, “so much part of our lives that it is invisible, like the air we breathe”, is unable to pursue any course other than relentless growth. Nor in its drive for profit and accumulation is it able to take into account the human and environmental cost of its exploitation of natural resources. | more…