It’s Time to Call it What It Is – A Capitalism-Induced Ecological Crisis
Let’s be clear— this isn’t about voting. This is about building a revolution— an international solidarity movement big enough to take on and replace global capitalism.
Climate Change
When Will America Declare War on Climate-Change?
A declaration of war is a legal framework that sets in motion a process of “mobilization” in which the national government directs real resources—labor, engineering expertise, technology, material—toward the goal of defeating an enemy threat.
Back to [MMT] Basics
From the definition of a dollar as a unit of measure all the way to what The Fed is and how public policy can be informed – Grumbine runs the gamut on MMT basics.
Seriously ugly: here’s how Australia will look if the world heats by 3°C this century
The report acknowledges that limiting global temperatures to 1.5℃ this century is now extremely difficult. Achieving net-zero global emissions by 2050 is the absolute minimum required to to avoid the worst climate impacts.
The appallingly bad neoclassical economics of climate change
Abstract Forecasts by economists of the economic damage from climate change have been notably sanguine, compared to warnings by scientists about damage to the biosphere. This is because economists made their own predictions of damages, using three spurious methods: assuming that about 90% of GDP will be unaffected by climate change, because it happens indoors; …
The appallingly bad neoclassical economics of climate change Read More »
Steven Grumbine Interviews Steven Hail, Australian Economist
Steve and Steven discuss what the prospects are for a viable economic system with a 40 percent reduction by 2030 and no new emissions by 2050.
The Big Three
So long as progressive leaders are allowed to back-pedal on this topic. little progress can ever be made to address the Big Three challenges that are growing more formidable every day.