Tag Archives: market capitalism

Creative Self-Destruction and the Climate

Leading public intellectual and Professor of Public Ethics at Charles Sturt University, Clive Hamilton very generously wrote the excellent Foreword to our new book Climate Change, Capitalism and Corporations: processes of Creative Destruction.  Below is an adapted version of that Foreword recently published in The Conversation.

——-

In his 2006 landmark report on how we should respond to the climate crisis, Nicholas Stern characterised global warming as an ‘externality’, a damage to others due to market activity whose cost is not met by those who cause it. Continue reading Creative Self-Destruction and the Climate

IPCC 2013 and Creative Self Destruction Redux

Image: Christopher Wright
Image: Christopher Wright

Well the IPCC‘s latest scientific report has come out confirming what many of us have suspected – that anthropogenic climate change is on track with previous worst-case scenarios and the future prognosis is bleak. Given the IPCC is by its nature a conservative organisation, it seems likely that as before, the current report may well underestimate some climate impacts. Be that as it may, this is startling and confronting  to read given the import of its conclusions.

Continue reading IPCC 2013 and Creative Self Destruction Redux

The market versus the environment has to be a fairer fight

economy1

A commitment to sustainability has become an essential component of any modern-day corporation’s public face. Visit the homepages of major organisations in any sector, from building to banking, from cola-making to coal-mining, and you’ll find their ‘green’ credentials front and centre.

This might be viewed as a predictable and entirely well-intentioned response to mounting concerns over climate change, deforestation, declining biodiversity and other environmental issues. Yet it is vital to note that an innate component of that response has been to further incorporate the environment within market capitalism.

Continue reading The market versus the environment has to be a fairer fight