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Tame Capital

From Bob Fulkerson: Nordhaus symbolizes all that is wrong about the environmental movement’s embrace of conventional economics.
“Remarkably, Nordhaus—like most orthodox economists—has never bothered to consider this question. The growth-is-good mantra is so baked into our consciousness that to question it seems almost crazy. Indeed, growthism is hegemonic to the point of transcending ideology. Politicians on the left and right alike hold it up as the single most important policy objective; they may quarrel about how to make growth happen, and how to distribute its yields, but on the question of growth itself there’s no daylight between them.”

Me:

This is why it is important to understand that when all is said and done, there is but one perspective that is sponsored in our current political system and that is a capitalist perspective. It goes unchallenged in our political debates because there exists no viable opposition. There is advocacy, sometimes, for small fixes but never, at least in the mainstream of politics, any for fixes meaningful enough to cause a change in direction even if such is vital to survival. The cost to real people, to most people, of a society in which profit, not people or their planet, is profound but, terribly so, it is profiteers who have the money to buy power and they use it consistently to insure continued profits. The cost to others is always but a minor consideration if it is a consideration at all.

One more thing: We–people who really do care about people and planet–continue to react to incidents when we should be using our energy to deal with causes. The cause of most all of the problems progressives fight to solve can be linked to our–now global–economic system. Money is power because money buys power to buy more power. The fix is in nixing this equation, making it unworkable, ineffective. If we save a forest, while we are doing the work, some other forest somewhere is being destroyed, and so it goes and will continue to go so unless we tame capital, force those who hold the bulk of it to use it for the good of planet and humanity, this, to some extent, necessitating its redistribution.

By lafered

Retired professor of education concerned with thoughtfulness

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