John Bellamy Foster explains the capitalist ‘solution’ master-minded by global finance to resolve the imminent environmental crisis: create a multi-quadrillion dollars worth of assets on the back of everything nature does and expropriate it from the global commons to make a profit. Worse still: it is already happening....
Transcript.
MR OnlineThe capitalist solution to ‘save’ the Planet: make it an asset class & sell it
John Bellamy Foster, Professor of Sociology at the University of Oregon and Editor of Monthly Review, interviewed by Lynn Fries
Originally published: Global Political Economy (GPEnewsdocs) on July 8, 2022
https://mronline.org/2022/07/12/the-capitalist-solution-to-save-the-planet-make-it-an-asset-class-sell-it/
That's not a solution.
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