Professor Carl Rhodes of the University of Technology Sydney recently published an excellent review of our book Climate Change, Capitalism and Corporations: processes of Creative Self-Destruction in the journal Organization in July 2017. You can read the full review below.
The cover of Christopher Wright and Daniel Nyberg’s Climate Change, Capitalism, and Corporations features the artwork Insatiable by Theodore Bolha and Christopher Davis. The image is dirty, brooding and apocalyptic. At its centre is a naked man, bent over and screaming. An industrial landscape weighs heavy on his back as black smoke pumps into the murky sky. As if about to fall to his knees and crawl, he follows a small group of wild animals all heading to a precipice, seemingly unaware of their impending doom. The image is suggestive of humankind’s bleak destiny wrought at the hands of its own creation yet seemingly beyond its own control. It is an ominous and pessimistic portrayal of the effects of an insatiable industrial machine. Continue reading Approaching the precipice? A review of Climate Change, Capitalism and Corporations
Book Review: Climate Change, Capitalism, and Corporations. Processes of Creative Self-Destruction by Christopher Wright and Daniel Nyberg, Capital & Class, 40(2), pp.394-396, doi:10.1177/0309816816661148n
Marc Hudson, Sustainable Consumption Institute, University of Manchester.
In December 2015 world leaders gathered to proclaim climate change was a threat that they were (finally) going to do something about. After two weeks of speeches and haggling, the deal was done, the world saved. Never mind that the text was silent on fossil fuels, and that in the following week the UK government expanded fracking, the US rescinded a forty year old ban on oil exports and Australia gave new permits for coal mines. Those are minor pesky details; corporate capitalism has the best interests of everyone – rich, poor, black, white, the unborn generations to come, other species – at heart. Continue reading Capital & Class Review of Climate Change, Capitalism and Corporations
Our new book Climate Change, Capitalism and Corporations: Processes of Creative Self-Destruction has been a feature of a number of recent analyses of the climate crisis.
For instance, world-renowned ecologists Anne and Paul Ehrlich recently wrote an article entitled “Faith-Based Economics: The Corporate World and the Survival of Civilization” which critiqued business assumptions of economic growth and neglect of environmental limits. Here they noted:
Corporations are the most organized segment of society that actually believes the message of faith-based economics, although cracks have appeared in the façade. For example two business professors, Christopher Wright and Daniel Nyberg, have just published a book, (Climate Change, Capitalism, and Corporations: Processes of Creative Self-Destruction) that provides a detailed and well-documented account of how corporations are destroying civilization by keeping that faith: the standard business-school/Wall Street message that climate disruption, a result of market success in turning natural resources into stuff and waste, can only be cured by business as usual. Faith-based economics requires continued exploitation of natural resources and continued growth of the global economy. As Wright and Nyberg say:
“…corporate capitalism frames business and markets as the only means of dealing with the crisis, rejecting the need for state regulation and more local democratic options. In essence, the prevailing corporate view is that capitalism should be seen not as a cause of climate change but as an answer to it. A problem brought about by overconsumption, the logic goes, should be addressed through more consumption.”
As Clive Hamilton put it in the introduction to the book, “The hard truth is that these corporations would sooner see the world destroyed than relinquish their power.” Continue reading Recent Commentary on Climate Change, Capitalism and Corporations
Global businesses, many of them now larger and more powerful than nation states, exhibit enormous sway on humanity’s response to the climate crisis. Indeed, in the lead-up to the Paris climate talks later this month there is growing media focus on so-called business “leadership” on climate change. For instance, just last month Royal Dutch Shell, General Electric, BHP Billiton and management consultancy McKinsey & Co. announced the establishment of a committee to advise governments on how to combat global warming while strengthening economic growth. This follows other announcements such as Unilever’s chief executive officer, Paul Polman, emphasising the need for private sector mobilization to close the shortfall in emission commitments made by governments, as well as Virgin’s CEO Richard Branson who has argued that “our only hope to stop climate change is for industry to make money from it.” Continue reading Corporations and climate change
Bill McKibben has argued that “it’s possible that there’s no greater example of corporate irresponsibility than climate change – I mean, these companies melted the Arctic, and then rushed to drill in the open water. ”
With the recent revelations that oil giant Exxon has known about the likely catastrophic impacts of continued fossil fuel use as far back as 1981, it seems McKibben is spot on in his assessment. After all what could be more immoral and irresponsible than knowingly destroying the habitable climate of the only home we have – planet Earth! Continue reading Panel Discussion on Climate Change, Capitalism and Corporations
The University of Sydney Business School recently featured the new book that Daniel Nyberg and I have authored Climate Change, Capitalism and Corporations: Processes of Creative Self-destruction as part of their Research Highlights series. The book is presented as “a sobering yet hopeful account of how corporate myths have slowed our response to human-caused climate change, and what we can do about it.” You can view the PDF of the story here and the video is below.
Our new book Climate Change, Capitalism, and Corporations: Processes of Creative Self-Destruction will be released in both paperback and hardback in late September. You can view the website for the book here.
Based on research that Daniel Nyberg and I have been conducting over the last 6 years, the book explores the complex relationship that the corporate world has with climate change and examines the central role of corporations in shaping political and social responses to the climate crisis. Continue reading Climate Change, Capitalism and Corporations out in September
The following is an extract from our forthcoming book Climate Change, Capitalism and Corporations: Processes of Creative Self-destruction (Cambridge University Press) - out in bookshops later this year.
Corporate marketing and branding around sustainability and ‘green’ themes has undergone dynamic growth over the past decade as social concern over the environment and climate change has spiralled. Many major consumer brands – including Walmart, Ben & Jerry’s, GE, Toyota, Patagonia, Frito-Lay, Timberland, Tesco and even Shell – have embraced a ‘green’ message in their marketing.
A principal aim has been to successfully tap into consumers’ increased environmental awareness while avoiding allegations of duplicity or ‘greenwashing’. Guy Pearse has documented that there is often a disconnect between the ‘green’ boasts of corporate advertising and the reality of environmental impact. A selective focus on specific products and activities is sometimes exposed, as are assertions that are simply inaccurate; but what remains unmistakable in all such activities is an emphasis on evoking positive emotions among consumers and the public in general as part of an alternative emotionology of challenge and opportunity.
Continue reading The corporate creation of an engaging ‘green’ spectacle
As a growing number of studies have demonstrated, climate change poses a significant threat to future social and economic activities. Indeed, the language of ‘risk’ has become a perennial theme in discussions of future climate change impacts and a central construct for how businesses respond to and ‘manage’ climate change.
Recently Daniel Nyberg and I had an article accepted for publication in the journal Organization exploring how corporations have responded to climate uncertainties and threats as ‘risks’ (pre-print PDF here). Conventional cognitive-scientific depictions of risk see organisations as ontologically separate from the risk they act upon. The core assumption underlying risk management is that risk is ‘out there’ and it just has to be ‘found’ and ‘captured’ by professional experts using statistical tools and analysis.
Continue reading Risky business: Corporate constructions of climate change risk
Daniel Nyberg and Christopher Wright
Published in Mercury Magazine 2014, Summer/Autumn (Special Issue on Sustainability), Issue 7-8, pp. 042-049. Artwork by Bojan Jevtić.
As any student of economic history knows, the notion of destruction has been a grim constant in attempts to characterize the relationship between capitalist dynamism and ever-spiralling consumption. Marx and Engels warned of enforced destruction. Joseph Schumpeter championed a dauntless culture of creative destruction. And now we find ourselves in an era of what we might call creative self-destruction.
Continue reading Climate change and the curse of creative self-destruction
I stumbled on this debate on Twitter yesterday in a response by Clive Hamilton to a TED talk by Andy Revkin on ‘Charting Paths to a “Good” Anthropocene’. Andy’s talk stresses the potential for a more optimistic future by pointing to a number of cognitive and emotional strategies with which we can better adapt to the worsening climate crisis. Clive’s critique argues that this type of thinking is part of an emerging form of ‘ecopragmatism’ which promotes a hopelessly unrealistic vision of human capacity to adapt to the climate change pathways we will experience this century (this argument is further developed in an article that has just come out in Scientific American). Andy has responded, arguing that he doesn’t believe he and Clive are so far apart in terms of recognizing the very real dangers of the climate crisis and that he hopes those who have ‘bridled’ at his vision for a ‘good Anthropocene aren’t hoping for a bad one’!
Continue reading Ecopragmatism and the ‘Good Anthropocene’
We find ourselves in an era of what we might call creative self-destruction. We’re destroying ourselves – it’s as simple as that.
Economic growth and exploiting nature’s resources have long gone hand-in-hand, but as repeated warnings from scientists and reports such as the latest from the IPCC tell us, they now constitute the most ill-fated of bedfellows. Climate change, the greatest threat of our time, is perhaps the definitive manifestation of the well-worn links between economic progress and devastation.
Continue reading Trying to cash in on climate change won’t fool nature
So it has come to this. Despite a mountain of scientific evidence emphasising the catastrophic implications of human-induced climate change, governments seem unable to take any significant steps to break humanity’s addiction to fossil fuels. As Chris Hayes recently noted, having been confronted with the fact of our addiction we now are in the full throws of denial; ‘it’s not that bad’, ‘we need fossil fuels to prosper and grow’, ‘one more fossil fuel development won’t matter’, ‘how bad can it be?’ etc. For governments and politicians long inculcated in the interests of the market and short-term corporate profit, the maintenance of a habitable atmosphere now appears something we are willing to forgo.
Continue reading Why Business ‘Leading’ on Climate Change is a Problem