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" "[T]he most devoted member of her inner circle was Alan Greenspan, former head of the US Federal Reserve. Among the essays he wrote for Rand were those published in a book he co-edited with her called Capitalism: the Unknown Ideal. Here, starkly explained, you'll find the philosophy he brought into government. There is no need for the regulation of business – even builders or Big Pharma – he argued, as "the 'greed' of the businessman or, more appropriately, his profit-seeking … is the unexcelled protector of the consumer". As for bankers, their need to win the trust of their clients guarantees that they will act with honour and integrity. Unregulated capitalism, he maintains, is a "superlatively moral system".
George Joshua Richard Monbiot (born 27 January 1963) is a journalist, author, and environmental and political activist in the United Kingdom who writes a weekly column for The Guardian newspaper.
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Climate change requires the end of capitalism, full-stop. Capitalism has three innate characteristics that drive us towards destruction, and it doesn’t really matter what kind of capitalism it is, whether it’s Keynesian, whether it’s neo-liberal capitalism, whether it’s corporate capitalism, or whether it’s crony capitalism. The problem is not with the adjective, but with the noun.
Capitalism has three innate characteristics that drive us towards destruction… firstly, that it generates and relies upon perpetual growth... (Second:)…the idea that our right to own natural wealth equates to the amount of money that we’ve got in the bank or we can borrow. So, you can take as much natural wealth away from other people as you like.... The third characteristic is the one that really ensures that people go along with capitalism, the idea that everyone can pursue — and can expect to find — private luxury.
[On COP27 held in Sharm El Sheikh, Egypt] The rich world's governments arrived at the conference in Egypt saying "it's now or never". They left saying "how about never?". We sail through every target and objective, red line and promised restraint towards a future in which the possibility of anyone’s existence starts to dwindle towards zero.
I cannot say that Malm is wrong, and that non-violent action is more likely to succeed. After all, none of us have been here before. But if you are pushing other people towards decades in prison while risking a backlash that would close down the last possibility of success, you need to be pretty confident that the strategy will work. I have no such confidence.