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that the text was silent on fossil fuels, and that in the following week the UK government expanded fracking, the US rescinded a forty year old ban on oil exports and Australia gave new permits for coal mines.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