Climate change poses a significant threat to capitalism from "summary" of Reimagining Capitalism in a World on Fire by Rebecca Henderson
The evidence is clear: climate change is not just a looming threat on the horizon, but a present danger that is already affecting societies and economies around the world. The effects of climate change are far-reaching and multifaceted, impacting everything from food production to water availability, infrastructure to national security. In the face of such a monumental challenge, it is becoming increasingly apparent that our current economic system, capitalism, is ill-equipped to deal with the scale and urgency of the crisis at hand. Capitalism, with its focus on short-term profits and endless growth, has created a system that is inherently unsustainable in the face of climate change. The relentless pursuit of profit at all costs has led to the exploitation of natural resources, the degradation of ecosystems, and the exacerbation of inequality and social injustice. The consequences of these actions are now coming back to haunt us in the form of extreme weather events, r...
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