#capitalism

Exactly. Capitalism is an extremely obsolete and outdate mode of production. Why? Because: A) Relies on the management scarcity; 2) Is essentially anti-democratic. If democracy is the best mode of government, and economic production impacts government, why the hell shouldn't we extend democracy to economic production?

"[C]apital cannot be trusted to resolve the climate crisis. As long as capital controls investment and production, we are careening toward a very bleak future indeed. It’s also not only energy where this problem arises. The green transition requires many other investments: we need to expand public transport, insulate buildings, develop more efficient technologies, regenerate ecosystems, and implement ecological farming methods. These are essential to the transition, and they are simple to do, but capital does not invest in such activities because they are not sufficiently profitable. Under capitalism, we suffer critical shortages of existentially necessary things that could otherwise easily be delivered.

Furthermore, we know that to meet the Paris Agreement goals, high-income countries must reduce total energy use. Some of this can be achieved through efficiency improvements, yes — and we need more investment in this area. Yet it also requires scaling down damaging and unnecessary forms of production — not just fossil fuels, but also things like SUVs, private jets, mansions, fast fashion, industrial beef, advertising, and the practice of planned obsolescence. Scientists have made it clear that if we want to achieve sufficiently rapid decarbonisation, this must be on the table.

This approach can have powerful benefits. Not only does it reduce energy use and make decarbonisation easier to achieve, it also liberates productive capacities — labour and factories — which can be remobilised to accelerate socially and ecologically necessary production."
#ClimateChange #ClimateCrisis #Decarbonization #Degrowth #Democracy #Capitalism #Socialism

This event on Tuesday looks intriguing:

EXOCAPITALISM: Economies with Absolutely No Limits

9 Sep 2025 6:30 PM - 8:00 PM Embankment Room, Strand Campus, Kings College London, WC2R 2LS

https://www.tickettailor.com/events/digitalhumanitieskcl/1840016

Marek Poliks & Roberto Trillo

Exocapitalism marks the next chapter in the story of two researchers who have grown tired with a self-replicating discourse that seems to spiral endlessly only to arrive back where it was. With all the relevant sensibilities and love, discourse on #capitalism can feel a bit... Cage-y, dingy, cavernous but poorly lit and damp. Even #progressive discourse produces a kind of circle-of-pain—a hamster wheel—which you pour your life into and nothing changes....

Exocapitalism is the first attempt to jog the wheel... This book is a rigorous attempt to ... smooth out some contradictions. This work is not theoretically estranged from #Marx, Baudrillard or even Land, but it tracks a different path entirely...