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Showing posts with the label ennvironment

Preserve Capitalism Or Conserve the Planet

The growing global environmental crisis is in the opinion of many the greatest challenge mankind has faced. Species and entire habitats are disappearing at a pace unseen since the extinction of the dinosaurs. Natural resources are being consumed far faster than they can regenerate. It is already clear that climate change is leading toward catastrophic collapse of the natural systems that billions of people depend upon. These problems are not accidental, but are symptoms of the irrationality of our capitalist system of production and distribution. Greenhouse gases will increase as long as our economy depends on coal, oil and natural gas, controlled by some of the wealthiest corporations in history following the logic that accumulating profits over-rides all other concerns. Abandoning fossil fuel investments and converting the whole economy to the use renewable energy would impose huge costs on corporate bank balances. The UK government has provided well over a billion pounds in loans …