Archive for February 3rd, 2015
Can capitalism save us from climate change?
Posted by John, February 3rd, 2015 - under Uncategorised.
Tags: Capitalism, Climate change
Comments: 2
Can capitalism address climate change?
As James Plested argues in Red Flag:
The world’s richest 85 people alone account for $2.1 trillion – equivalent to the combined wealth of the poorest half of the population. The top 1 percent is worth a whopping $134 trillion. It would only take a small fraction of this amount to drive the kind of large-scale rapid shift towards sustainability that we need. The technology and resources to do so are available. The money is there.
So why doesn’t anything happen? To read the whole article hit this link.