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Capitalism Can't Solve Climate Change (time.com)

submitted 7 months ago by [email protected] to c/[email protected]

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And the IEA, for its part, expects China to continue to be the sole meaningful over-achiever. It recently revised upwards by 728 GW its forecast for total global renewables capacity additions in the period 2023–27. China’s share of this upward revision? Almost 90 percent. While China surges ahead, the rest of the world remains stuck.

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[–] [email protected] 21 points 7 months ago* (last edited 7 months ago) (8 children)

"Trying" isn't really a thing on a national scale. What countries do and how they react just depends on their economic system / mode of production.

Capitalist countries, on account of being capitalist, can never really tackle climate change. China's the only major country taking this seriously because a socialist nation doesn't need the profit motive that's required under capitalism.

As with most things, the answer is revolution.

[–] [email protected] 6 points 7 months ago (7 children)

Let's not call China socialist when a single party dictates larger economic trends in an otherwise competitive global market. It's just not "free" as in free market capitalism.

Otherwise I completely agree with the weaknesses of the western capitalist systems.

[–] [email protected] 3 points 7 months ago* (last edited 7 months ago) (1 children)

a single party dictates larger economic trends

You're describing socialism.

Well, so long as that party directs it in the interests of the people rather than capitalists, as is the case for China.

[–] [email protected] 0 points 7 months ago

Really? I'm not convinced the Chinese government acts in the interests of its people at all. That's probably the biggest reason I can't call it Socialism. Just because government influence is stronger than in the West, the economic system isn't completely different.

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