Capitalism, Socialism, and Sustainability

By Dustin Guastella

Crystal Clarity

By Mark Schaeffer

The global environmental crisis, together with growing inequality, is the great challenge of the 21st Century. Fossil fuel combustion and deforestation are destabilizing the global climate, and extreme weather events are accelerating. Renewable resources such as topsoil and groundwater are being consumed far faster than they regenerate. Species and entire habitats are disappearing at a pace unseen since the extinction of the dinosaurs. Even the oceans are not immune to oil spills, fertilizer runoff, overfishing, acidification and the poisoning of coral reefs.

It is already clear that business as usual is leading toward catastrophic collapse of the natural systems that billions of people depend upon for their livelihood. Strategic planners at the Pentagon recognize that climate disruption, causing crop failures and mass migrations fueling violent conflict, threatens US security. Most at risk are the struggling peoples of the global South, who are least responsible for greenhouse emissions.

Source: Capitalism, Socialism, and Sustainability