Global Capitalism and Climate Change: The Need for an Alternative World System

Global Capitalism and Climate Change explores the relationship between global capitalism and anthropogenic climate change, emphasizing the need for an alternative world system. It examines the systemic changes required to create a more socially just, democratic, and environmentally sustainable world system.

Format: Hardback
Length: 316 pages
Publication date: 01 October 2021
Publisher: Lexington Books

Global Capitalism and Climate Change: The Need for an Alternative World System

In its second edition,Global Capitalism and Climate Change: The Need for an Alternative World System delves into the intricate relationship between anthropogenic climate change and the dominant global economic system known as capitalism. This political economy,driven by the pursuit of profit,embodies an unwavering commitment to continuous economic growth, leading to profound social inequality, a relentless cycle of production and consumption, and a profound reliance on fossil fuels. As we look ahead, Hans A. Baer examines the critical systemic transformations required to establish a more just, democratic, and environmentally sustainable world system capable of guiding humanity toward a safer climate. This comprehensive book is a valuable resource for readers interested in exploring anti-systemic initiatives, including eco-anarchism, eco-feminism, the de-growth perspective, Indigenous voices, and the climate justice movement.

The Dominant Global Economic System: Capitalism

Capitalism, as the dominant economic system worldwide, operates on the principle of private ownership and the pursuit of profit. It encourages competition, individualism, and free market dynamics, driving economic growth and innovation. However, this pursuit of profit has come at a significant cost to the environment. The extraction, processing, and combustion of fossil fuels, which are the primary sources of energy for capitalism, release vast amounts of greenhouse gases into the atmosphere, contributing to climate change.

Social Inequality and the Treadmill of Production and Consumption

One of the defining features of capitalism is its ability to generate wealth and prosperity for some, while leaving others behind. The concentration of wealth in the hands of a small percentage of the population has led to widespread social inequality, with millions of people struggling to meet their basic needs and facing systemic barriers to upward mobility. The relentless pursuit of economic growth, driven by consumer demand, has created a treadmill of production and consumption, where individuals are constantly engaged in the acquisition of goods and services, perpetuating the cycle of economic expansion.

The Reliance on Fossil Fuels

Capitalism's dependence on fossil fuels is a significant contributor to climate change. The extraction, processing, and combustion of these fuels release carbon dioxide and other greenhouse gases into the atmosphere, trapping heat and causing the Earth's temperature to rise. This warming trend has a range of negative impacts on the environment, including melting ice caps, rising sea levels, and extreme weather events.

The Need for Alternative World Systems

Recognizing the limitations and detrimental effects of capitalism on the environment and society, there is a growing call for alternative world systems that prioritize sustainability, social justice, and environmental protection. These alternative systems seek to address the root causes of climate change and promote a more equitable and sustainable distribution of resources.

Systemic Changes Required for an Alternative World System

To create an alternative world system capable of addressing climate change and promoting social justice, Hans A. Baer suggests several systemic changes. These include transitioning to renewable energy sources, such as solar, wind, and hydropower, to reduce greenhouse gas emissions and promote sustainable energy production. Additionally, implementing policies that promote social equality, such as universal healthcare, education, and income redistribution, can help to reduce social inequality and promote a more just society.

Moving Toward a Safer Climate

By implementing these systemic changes and promoting a more sustainable and equitable world system, humanity can move towards a safer climate. This will require a collective effort from individuals, governments, and organizations to reduce greenhouse gas emissions, promote sustainable practices, and protect the environment.

Conclusion

In conclusion,Global Capitalism and Climate Change: The Need for an Alternative World System provides a comprehensive examination of the relationship between anthropogenic climate change and the dominant global economic system. It highlights the detrimental effects of capitalism on the environment, society, and human well-being. By advocating for systemic changes and promoting a more sustainable and equitable world system, we can work towards creating a safer and more sustainable future for ourselves and future generations.

Weight: 708g
Dimension: 229 x 159 x 25 (mm)
ISBN-13: 9781666901788
Edition number: Second Edition