07 December, 2013

The complexity of capitalism equates with global collapse


Ideas to ease catastrophic climate change are simple, but application of them is complex in the extreme.

Writing in “Spiegel Online” Harald Welzer, who teaches social psychology at Flensburg and St. Gallen Universities, took us through some of those complexities in an essay headed: “Climate summit trap: capitalism’s march toward global collapse”.

Although Welzer is critical of the “sleek, but unfortunately destructive principle of capitalism”, he does discuss a way ahead.

“Imagine, for example”, he wrote, “what might happen if a large number of businesses make the improvement of the common good – instead of an increase in their profits – the goal of their commercial efforts”.

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