(All) Feasibility of dismantling Capitalism for climate action
Capitalism is making it harder for climate action to achieve the goal of 40% CO2 reduction. People are proposing to abandon capitalism in order to more easily. I totally get how they think. It would be simply amazing if the world has planned economies and is able to reduce consumption at will without destroying the economy with a recession in the process, but remember, we only have until 2030 to reduce emissions. Not to mention every country has to make the transition at the same time because tragedy of the commons.
By the way, my flair is "Eco-Socialist" and I am not in favor of completely dismantling capitalism, but instead nationalizing key industries, such as fossil fuel, transport, energy, forestry, mining, etc..
Posted Sep 10, 2021, 10:38 AM UTC
The US needs to pull its weight. The US military has a carbon footprint larger than all of Finland, Hungary, Morocco or Peru. A lot of Chinese industry (and thus pollution) is geared towards export to the US.
Fossil fuels need to stop being subsidised, which would cause oil prices to increase. Car culture needs to be replaced with more ecofriendly modes of transport.
I'd say many social democratic countries in Europe are on the right path towards a more sustainable future. But they are small, and having the second biggest emitter flip flop between denying climate change exists and half-heartedly decelerating emissions moreless completely nullifies their efforts.
Car culture can stay. The cars are what should change.