Can A New Kind Of Capitalism Effectively Confront The Climate Crisis?

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Agriculture


Published on September 10th, 2020 |
by Carolyn Fortuna





September 10th, 2020 by Carolyn Fortuna 

Capitalism is running wild because capitalists have hobbled democracy, the author of a recently released book claims. We have in our grasp the ability to improve the human condition while also treading more lightly on the world — to consume fewer resources, use less cropland, reduce pollution, and bring back species we’ve pushed to the brink of extinction. To do so, Andrew McAfee, the author of More from Less, argues that we need a new kind of capitalism.
The foundation of McAfee’s premise is that capitalism and tech progress actually don’t solve all of our environmental problems. While the computer and other digital technologies have opened up many ways to save money by reducing resource use — allowing us “to tread more lightly on the earth instead of stripping it bare” — they don’t deal well with pollution. They also don’t spare endangered animals. Those are the negative side effects of a lot of economic activity.
So the author says that we need another pair of forces: public awareness and responsive government.
Optimism In Times of Environmental Crisis
McAfee is a principal research scientist at …

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