It’s all fine and good for John Kerry to utter a fundamental truth about a major driver of climate catastrophe, but it is a useless proclamation without offering a solution.

Have enough tipping points been breached that there are no prescriptions to offer?

  • chaorace
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    2 years ago

    Capitalist economy needs constant growth to survive.

    Well, do I have some bad news for you! The world population isn’t projected to peak until 2080, but the U.S. population is projected to peak in 2052 (<30 years). We have one generation to figure out the alchemy of prosperity under population stagnation.

    FWIW: there’s nothing written in stone that says you must have growth to sustain capitalism. A shrinking labor pool can be replaced with improved efficiency (i.e.: AI & automation). A shrinking consumer base can be replaced with increased per-capita consumption (i.e.: more consumerism). Love it or hate it, capitalism in an extremely adaptable system that will readily adapt to changing tides – necessity is the mother of invention.

    • CanadaPlus
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      2 years ago

      Or you can just abandon some of your old productive capacity. Depending on how you define capitalism a market with private ownership but little investment might still count.

    • lntl
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      2 years ago

      I don’t really have feelings towards it. Your analysis is obscured by rose-colored glasses.

    • Death Metal
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      2 years ago

      Get rid of the taxes and the growth requirements are way down. Technology seems to have stabilized and we are now realizing that the whole internet boom was a bubble.