Great Transitions roundtable on Global Capitalism

The Great Transition Initiative, of which I am a member, just held a roundtable debate of an interesting new paper by William I. Robinson called Global Capitalism: Reflections on a Brave New World.

It’s an interesting paper, by a smart guy, about the current state of the capitalist world system. The roundtable is here, and at it you will find my comments, the whole of which are here.  The key general interest bit, which is to say my view on the Big Question of climate and capitalism, is as follows:

“The real question is if a properly constituted transformational movement, working within the rolling crisis that is now our certain future, can help to shape a new form of capitalism that is capable, minimally, of making an extremely rapid transition to an essentially zero-carbon economy. Does this require “ecosocialism”? Yes, I think so. But at the same time, I fear that many people will read the word to denote something that is already beyond capitalism. The problem is that, once you have reached such a conclusion, you really are done. Your only paths forward from there are optimism (which is increasingly a form of denial) and despair. If, on the other hand, you want honest hope and strategic thinking, you have to start by asking what, exactly, we are going to do to leverage the immense disruption that is now on the horizon, and drive towards a crash program of global decarbonization that is fair enough to actually succeed.

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This Changes Everything: Capitalism vs. the Climate

This review of Naomi Klein’s This Changes Everything: Capitalism vs. the Climate was first published in the Earth Island Journal, here.  See this notice on Klein’s own site. 

The first thing to say about Naomi’s Klein’s latest book is that its title makes a grand promise — This Changes Everything – and that’s before you even get to the subtitle, which sets up a face-off between capitalism on one side and the climate on the other. The second thing to say is that no single book could ever meet such a promise. Klein, with careful aplomb, does not attempt to do so. Rather, she offers a tour of the horizon upon which we will meet our fates. Or, rather, the horizon upon which we will attempt to change them.

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In the face of such huge topics, Klein’s strategy is a practical one. She defers the problem of capitalism-in-itself (as German philosophers used to call it) and focuses instead on our era’s particular type of capitalism – the neoliberal capitalism of boundless privatization and deregulation, of markets-über-alles ideology and oligarchic billionaires. Her central argument is not (as some have insisted) that capitalism has to go before we can begin to save ourselves, but rather that we’re going to have to get past neoliberalism if we want to face the greater challenges. Klein writes:

Some say there is no time for this transformation; the crisis is too pressing and the clock is ticking. I agree that it would be reckless to claim that the only solution to this crisis is to revolutionize our economy and revamp our worldview from the bottom up – and anything short of that is not worth doing. There are all kinds of measures that would lower emissions substantively that could and should be done right now. But we aren’t taking those measures, are we?

At the outset Klein asks the obvious question: Why haven’t we, in the face of existential danger, mobilized to lower emissions? There are lots of reasons, but one stands above all others. We have not mobilized because “market fundamentalism has, from the very first moments, systematically sabotaged our collective response to climate change, a threat that came knocking just as this ideology was reaching its zenith.” In other words the climate crisis came with spectacularly “bad timing.” The severity of the danger became clear at the very time when “there-is-no-alternative” capitalism was rising to ideological triumph, foreclosing the exact remedies (long-term planning, stricter government regulation, collective action) that could address the crisis. It’s a crucial insight, and it alone justifies the price of admission.

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