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A POSTCAPITALIST PARADIGM: THE COMMON GOOD OF ...

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Grip on the climate<br />

The subsumption of nature by capital has a huge and dangerous impact<br />

on climate. It becomes more and more evident that stopping the global<br />

warming can not be achieved within the capitalist logic. So one will have<br />

to choose: saving the climate or saving capitalism. It seems now that<br />

the capitalist elite has opted for the latter. The Economist, probably the<br />

most influential review of the world and mouthpiece of the capitalist<br />

elite, is outspoken: ‘Global action is not going to stop climate change.<br />

The fight to limit global warming to easily tolerated levels is thus over.’<br />

We must no try to halt global warming, ‘the world needs to look harder<br />

at how to live with it’. The sea level will rise possibly with one metre,<br />

maybe two. We have to accept this and prepare us by building dikes,<br />

move tens of million people to higher places, tune health care to tropical<br />

diseases, etc. Bad luck for the people in the South: they will be hit most<br />

but lack the means ‘to adopt’. Never mind, climate change gives new<br />

opportunities to the business class. Construction enterprises that will<br />

build dikes and also assurance companies will see their business soar.<br />

Trade of emission right is another promising source of profit. And of<br />

course in the sector of green technology and energy there are golden<br />

opportunities. 41 So far The Economist. EU Commissioner for Climate<br />

Connie Hedegaard is on the same wavelength. In the recent past she<br />

talked about ‘the moral responsibility’ or about ‘the survival of humanity’.<br />

That’s no longer her priority, now it’s business that counts. On the occasion<br />

of the Climate Summit in Cancun she said: ‘those in the end who<br />

improve energy efficiency and improve innovation will save money’. And<br />

those who did not, she warned, risked being overtaken by Chinese competitors.<br />

42 Greg Barker, the UK climate change minister, said that the<br />

deal in Cancún would ‘send a strong signal of confidence to business<br />

investing billions in the new global green economy’. According to Financial<br />

Times businesses welcomed the outcome of the talks… 43<br />

41 ‘Facing the consequences’, The Economist, November 27, 2010, p. 79-82.<br />

42 Financial Times, December 1, 2010, p. 4.<br />

43 Financial Times, December 13, 2010, p. 4.<br />

115

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