Earth’s inhabitants stranded in a leaking neoliberal lifeboat

Early photograph of Hornsea Lifeboat. Photo: Bradford Timeline/Flickr
Photo: Bradford Timeline/Flickr

For the past 50 years, the world’s most renowned scientists — including more than a hundred Nobel Prize winners — have been imploring corporate and political leaders to curb climate change before it reaches catastrophic levels.

“Planet Earth is finite,” they warn. “Its ability to absorb wastes is finite. Its ability to provide food and energy is finite. And we are fast approaching many of Earth’s limits. Current economic practices cannot be continued without the risk that vital global ecosystems will be damaged beyond repair.”

These warnings, including the latest most urgent appeal by the UN’s International Panel on Climate Change (IPCC), have been ignored. Not surprisingly, since the dominant global economic system — capitalism — depends for its very survival on the maintenance of unlimited economic growth, despite the inescapable catastrophic consequences.

Most governments have not only tolerated this corporate onslaught on the environment, but have actively subsidized and supported it. They have in effect become business-oriented minions, dedicated to putting corporate interests ahead of the public interest. They offer corporations the planet’s resources to plunder as they wish, with little or no constraints.

Given the dependence of all of Earth’s inhabitants on the planet’s basic life-support capacity, you would think that even the most eminent CEOs and billionaires would by now have started to have doubts about the infallibility of their “free-market” doctrine.

A few of them are indeed having such qualms, but serious dissent from the prevailing business-knows-best ideology is financially risky and thus rare. So the scale of corporate pillaging continues unabated. MORE

 

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