We are here for the long term — to participate in the eventual
growth of global capitalism and capture as much of that return as we can.
Not exact matches
Posted by Armine Yalnizyan under
capitalism, democracy, economic
growth, financial transactions tax, fiscal policy,
global crisis, inequality, Occupy Movement, Role
of government, taxation.
Global capitalism's explosive
growth has brought unimaginable wealth to some parts
of the world, while displacing local economies and emaciating traditional forms
of life as transnational corporations devour resources in search
of greater and greater profits.
As capital moves freely, investing in production or in fictitious forms
of capitalism, and as speculators, financier capitalists, stock and bond traders, investment bankers, hedge fund mangers, and others help to unleash the forces
of capital accumulation globally, and as neo-liberalism with its aggressive pro-market state policies allows this finance capital to restructure itself, to diversify its forms, to expand its accumulation opportunities through the
growth of retail, financial and service industries, and enhance its
global reach, then it is safe to assume that our ecosystems have been harnessed exploitatively in a system
of capitalist commodity production such that we can not talk about
capitalism at all without talking about
capitalism as a world ecology.
Instead, there is an implicit acceptance
of the continuing need for energy policies that can continue to support the
growth imperative
of global capitalism.
Part
of this climate impasse relates to the early stages
of human recognition that our
growth - centered economic norms are butting up against some
global limits — a point made in Naomi Klein «s potent new piece on «
Capitalism vs. the Climate» in The Nation.
The policy from
global warming progressives involves tales
of the collapse
of western civilisation and
capitalism leading to less
growth, less material consumption, less CO2 emissions, less habitat destruction and a last late chance to stay within the safe limits
of global ecosystems.
Socialists
of all stripes no longer have to spew Marxist notions that turn most people off; now, they can talk the science
of global warming and hurricanes and massive floods and such, and, using fear, trample the average guy into their socialist goals
of stifling
capitalism,
growth, and having the government take over the economy through this environmental back - door.