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Beyond growth or beyond capitalism?

This article is a lightly revised and updated version of the article originally published as “Beyond Growth or Beyond Capitalism?” in Real-World Economics Review, issue 53, June 26, 2010, pages 28-42.

Given the relentless growth of global GHG emissions (currently growing at 2 percent per year, up 70 percent from 1990) and ever-higher concentrations of CO2 in the atmosphere (currently at 400 parts per million, up 30 percent from 1990), climate scientist Kevin Anderson at the Radical Emissions Reduction Conference (December 10-11, 2013, at the Tyndall Centre for Climate Change Research in the United Kingdom) concluded that “Today, in 2013, we face an unavoidably radical future.” The International Energy Agency (IEA) says that “the current state of affairs is unacceptable. … Energy-related CO2 emissions are at historic highs” and emission trends are “perfectly in line with a temperature increase of 6 degrees Celsius, which would have devastating consequences for the planet.” In similar vein, PricewaterhouseCooper, the UK government chief scientist, and a growing body of academics and researchers are allying current emission trends with 4-degree Celsius to 6-degree Celsius futures.1 Tyndall scientists drew the only possible conclusion…

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On Sept 19, 2023 ahead of the Climate Ambition Summit in New York City, climate activists gathered for a rally and civil disobedience outside Bank of America Tower in Midtown Manhattan as part of the March to End Fossil Fuels wave of actions resulting in multiple arrests. Activists demand Bank of America to “Defund Climate Chaos and Defend Human Rights” Photo: Erik McGregor (CC BY-NC 2.0 Deed)

Let’s Save Each Other

Let’s Save Each Other

Illustration by Stephanie McMillan. Used with permission