Question: What effect does a capitalist economic system tend to have on the natural environment? Carefully explain why it has these effects. Discuss the various possible
What effect does a capitalist economic system tend to have on the natural environment? Carefully explain why it has these effects. Discuss the various possible methods to solve global climate change.
In your answer, it might be helpful to think about the following:
- What features of capitalism are incompatible with ecological sustainability?
- i.e., limitless expansion on a planet with finite resources
- How does economic inequality and poverty impact the distribution of environmental hazards (i.e. do poor communities suffer from the effects of climate change more than rich communities? Why or why not?)
- Will economies necessarily suffer if we decide to reduce carbon emissions? Why or why not?
- What are the economic costs and benefits of Joe Biden's climate policy versus the Green New Deal
- What are some of the benefits and some limitations of transitioning from fossil fuels to renewable energy? What would we have to do to accomplish that transition? How would that affect our economy?
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