Brendan JonesJul 7, 2023

Still can’t get over the fact that an editor of the Financial Times said that we need to do away with #capitalism in order to deal with the #climate. If that’s not a sign of mainstream economics/finance finally waking up to the reality of the situation we’re in, I don’t now what is.

edit to add link (thanks Boud): https://archive.ph/2023.06.29-113742/https://www.ft.com/content/86d71297-3f34-48f3-8f3f-28b7e8be03c6

Show threadkechpajaJul 7, 2023
@Brendanjones That's not what they're saying, though. What they're saying is that solving climate change will require "big government" (broadly defined), instead of leaving it to the private sector exclusively. Large chunks of that government spending would presumably go to private companies who could deliver the results needed. That's not even social democracy, that's just government action.
Show threadJasmine
@kechpaja @Brendanjones
Jul 7, 2023 at 11:08pmWeb