Tag Archives: climate change

Between the Anglo-American political horror shows of 2020 and the raging pandemic, something much less theatrical drifted centre stage to play a more than usually important role: interest rates. There is one obvious reason: like waiting to witness a rare celestial event there is a high likelihood that rates will do a shocking, unusual thing and go negative. But there is another important reason that hasn’t, to date, been part of mainstream economic commentary. With more focus than ever on a...

As we look ahead, young people believe there is no regard for future generations who will suffer from the decisions taken today in the name of “economic growth”. In a recent interview the 18-year-old climate activist Xiye Bastida beautifully summarised why the next generation is angry:  “Companies say their role is to help the economy. They say, they don’t have the need to be socially responsible or care about biodiversity. We create jobs.” Xiye and young climate activists around the world...

As we look ahead, young people believe there is no regard for future generations who will suffer from the decisions taken today in the name of “economic growth”.In a recent interview the 18-year-old climate activist Xiye Bastida beautifully summarised why the next generation is angry: “Companies say their role is to help the economy. They say, they don’t have the need to be socially responsible or care about biodiversity. We create jobs.”Xiye and young climate activists around the world argue...

As we look ahead, young people believe there is no regard for future generations who will suffer from the decisions taken today in the name of “economic growth”.In a recent interview the 18-year-old climate activist Xiye Bastida beautifully summarised why the next generation is angry: “Companies say their role is to help the economy. They say, they don’t have the need to be socially responsible or care about biodiversity. We create jobs.”Xiye and young climate activists around the world argue...

Two hundred years ago this February, Charles Wentworth Dilke anonymously published a pamphlet titled The Source and Remedy of the National Difficulties, deduced from principles of political economy. Four decades later, Karl Marx would describe the pamphlet in his notes as an “important advance on Ricardo.” In his preface to volume two of Capital, Friedrich Engels described the pamphlet as the “farthest outpost of an entire literature which in the...

The UN’s conference takes place in November 2021and will be led by the British government. It is apparently committed to “uniting the world to tackle climate change”. It needs to achieve far more. To tackle climate change and protect the ecosystem that sustains life on earth, we need to do more than just bring down emissions, and reimagine the economy.  We must transform the current globalised financial system. Why? Because the spigot of (largely) deregulated global credit fuels global...

The UN’s conference takes place in November 2021and will be led by the British government. It is apparently committed to “uniting the world to tackle climate change”.It needs to achieve far more. To tackle climate change and protect the ecosystem that sustains life on earth, we need to do more than just bring down emissions, and reimagine the economy.  We must transform the current globalised financial system. Why? Because the spigot of (largely) deregulated global credit fuels global...

The UN’s conference takes place in November 2021and will be led by the British government. It is apparently committed to “uniting the world to tackle climate change”.It needs to achieve far more. To tackle climate change and protect the ecosystem that sustains life on earth, we need to do more than just bring down emissions, and reimagine the economy.  We must transform the current globalised financial system. Why? Because the spigot of (largely) deregulated global credit fuels global...

— One of Sandwichman’s good questions prompted my revisiting an earlier writing of mine on wealth (circa 2000?). Extensively revised to the extent that it is hardly recognizable; here is, a, second, best effort. Herein, the terms wealth and capital are thought of as being interchangeable. For thousands of years, humans lived off the bounty of nature. Some societies still do, but, today, and for centuries now, most societies have lived...

PRIME has from the start intended to rethink economic theory to take on board the ecological crisis and its human impacts. It has played an important role in developing the idea of a Green New Deal, the radical strategy to combine decarbonisation and other practices to ensure the integrity of the natural environment alongside the advancement of human wellbeing and greater equality. Much GND thinking has focused on making production and consumption more eco-efficient by decoupling economic...