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The same goes for all kinds of free market orthodoxies that threaten our capacity to respond boldly to this crisis, from the suffocating logic of austerity that prevents governments from making the necessary investments in low-carbon infrastructure (not to mention firefighting and flood response), to the auctioning off of electric utilities to private corporations that, in many cases, refuse to switch over to less profitable renewables. Indeed the three policy pillars of the neoliberal age—privatization of the public sphere, deregulation of the corporate sector, and the lowering of income and ...more
This Changes Everything: Capitalism vs. The Climate
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