This articles was published a few months ago, but please bear in mind that it is how the meritocrats allow the truth to be hidden in plai sight as a way to obtain populations’ consent for what is coming — and create widespread apathy by giving the impression that they tackle and handle the issues righfully.
This is how UN scientists are preparing for the end of capitalism | 12 September 2018, Independent.uk
INDEPENDENT.UK| Capitalism as we know it is over. So suggests a new report commissioned by a group of scientists appointed by the UN secretary general. The main reason? We’re transitioning rapidly to a radically different global economy, due to our increasingly unsustainable exploitation of the planet’s environmental resources and the shift to less efficient energy sources.
The new paper provides a bruising indictment of contemporary capitalism’s complicity in the ecological crisis. Grantham’s verdict is that “capitalism and mainstream economics simply cannot deal with these problems” – namely, the systematic depletion of planetary ecosystems and environmental resources
Climate change and species extinctions are accelerating even as societies are experiencing rising inequality, unemployment, slow economic growth, rising debt levels, and impotent governments. Contrary to the way policymakers usually think about these problems these are not really separate crises at all.
These crises are part of the same fundamental transition. The new era is characterised by inefficient fossil fuel production and escalating costs of climate change.
Conventional capitalist economic thinking can no longer explain, predict or solve the workings of the global economy in this new age.
At the same time, our hunger for energy is driving what the paper refers to as “sink costs.” The greater our energy and material use, the more waste we generate, and so the greater the environmental costs…. And the biggest “sink cost”, of course, is climate change.
“We live in an era of turmoil and profound change in the energetic and material underpinnings of economies. The era of cheap energy is coming to an end,” says the paper.
French and English subtitles by Earth Custodians