[lbo-talk] Capitalism is incompatible with a sustainable enivironment

[Mike Ballard]

There is an inherent contradiction between the needs of capital to
expand/grow and the question of environmental sustainability. It's
illusory to think this is all Tony Abbott's fault. We Earthlings have
reached a systemic failure. We need to change the mode of production
to one which suits our needs, not the needs of those who own capital.

Figures were produced showing
that action to mitigate climate change would cost
the US between $800bn and $3.6tn by 2100. It
would be another decade before other factions of
capital began to mobilise in favour of limiting
GHG emissions (we will encounter these in due
course).

For comparison, the US bank bailouts cost $11.6tn over 19
months, suggesting the banking system is too big to fail but
the climate system is not.

full piece from the authors of "Aufheben" is here:
http://libcom.org/files/21-climate-change.pdf

Mike B)

-- 
Wobbly times
http://wobblytimes.blogspot.com.au/