[Marxism] Capitalism and the Limits of Greening - CounterPunch.org

Louis Proyect lnp3 at panix.com
Fri Dec 20 05:57:09 MST 2019

Klein’s Green New Deal seems oblivious to the reality that ecological 
sustainability must clash with the logic of capitalist expansion. A 
liberal greening project might help reform the American economy, but 
Klein and the Dems are myopic in thinking such initiatives will do much 
to counter the global-warming trajectory. In fact, no government or 
corporate elite on the planet is likely to accept mandatory cuts in 
fossil-fuel consumption. Sustainable development is inconceivable 
without tranformative changes in production and consumption. One problem 
is that CEOs and corporate boards – not to mention banking operations – 
are scarcely accountable to society in general, or to any long-term 
ecological priorities. They are responsible to private shareholders 
obsessed with returns on capital investment, whatever its harm to the 
natural habitat. No corporate structure in the world will put its 
enterprise out of business in order to “save the planet”. Meanwhile, any 
systematic attack on the fossil-fuel sector would bring severe, perhaps 
irreversible worldwide economic collapse.


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