JARED RODRIGUEZ / TRUTHOUT, TOKARCHUK ANDRII / SHUTTERSTOCK
With the climate change challenge growing more acute with every passing year, the need for the adoption of a new political economy that would tackle effectively both the environmental and the egalitarian concerns of progressive people worldwide grows exponentially. Yet, there is still a lot of disagreement on the left as to the nature of the corresponding political economy model. One segment of the left calls for the complete overthrow of capitalism as a means of dealing with climate change and the growing levels of economic inequality in the era of global neoliberalism, while another one argues against growth in general.
In the interview below, Robert Pollin, distinguished professor of economics and co-director of the Political Economy Research Institute at the University of Massachusetts-Amherst, explains some issues raised by each of these positions, and how to move toward solutions grounded in a fuller understanding of economic development. MORE