I’ve seriously tried to believe capitalism and the planet can coexist, but I’ve lost faith

Fri, 28 Feb 2020 05:09:48 +1100

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://theconversation.com/ive-seriously-tried-to-believe-capitalism-and-the-planet-can-coexist-but-ive-lost-faith-131288>

"This article is the first in a three-part series on radical ideas to
solve the environmental crisis.


As the Productivity Commission confirmed this week, Australia’s economy
has enjoyed uninterrupted growth for 28 years straight. Specifically,
our output of goods and services last financial year grew by 2%.
Economists obviously see the growth of a national economy as good news –
but what is it doing to the Earth?

Capitalism demands limitless economic growth, yet research shows that
trajectory is incompatible with a finite planet.

If capitalism is still the dominant economic system in 2050, current
trends suggest our planetary ecosystems will be, at best, on the brink
of collapse. Bushfires will become more monstrous and wildlife will
continue to be annihilated."

Cheers,
        *** Xanni ***
--
mailto:xanni@xanadu.net                   Andrew Pam
http://www.xanadu.com.au/                 Chief Scientist, Xanadu
http://www.glasswings.com.au/             Partner, Glass Wings
http://www.sericyb.com.au/                Manager, Serious Cybernetics

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