Economic forecasts predicting the potential impact of climate change grossly underestimate the reality and have delayed global recovery efforts by decades, a leading professor has said.

  • Economic forecasts predicting the potential impact of climate change grossly underestimate the reality and have delayed global recovery efforts by decades, a leading professor has said.

  • Mainstream economists “deliberately and completely” ignored scientific data and instead “made up their own numbers,” Steve Keen, a fellow at UCL, told CNBC.

  • Now, a “war-level footing” is required to have any hope of repairing the damage, he said.

The referenced paper: The appallingly bad neoclassical economics of climate change

  • xenith
    1•3 years ago

    As a result, he said, “the only way we can (reverse) this is effectively a war level footing of motive mobilisation to reverse the amount of carbon we’ve put into the atmosphere to drastically reduce our consumption.”

    Once again, we’re being told that the problem is us. Apparently, the only way to keep the planet habitable is to wage war on you and me because this is all our fault. Shame on us.

    Fuck that with a pineapple. Capitalism thrives on the destruction of the planet and will never willingly stop. We need to wage war against the wealthy sociopaths that brought us all along as their slaves who are supposed to feel grateful.

    I’m personally not optimistic about this happening as the truth doesn’t have the centuries of propaganda that capitalism has produced. Once the average person understands that we’re already off the edge of the cliff they’ll still be blaming their neighbors for any of the distractions the capitalism has lovingly provided to us (race, religion, immigrants, etc.) - you know, the real enemies.

    This article is no different. The bad guy is you and me and not the unregulated producers of pollution and toxic waste that has found a home in our air, water, and land.

    tldr: eat the rich