Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
The progressive bid to save capitalism
#7
As I see the progressives have really not produced an comprehensive alternative to the Economic Nationalism and Protectionism which has been advocated by right-wing populist politicians and candidates across the world. The Economic Nationalists have a generally negative view towards the concept of environmental sustainability, indeed in many countries these reject the concept of environmental sustainability. Indeed some of them rally against renewable energy because they argue it leads to high energy prices. For example; segments of the Australian Liberal Party, the US Republicans, Canadian Conservatives and the German Alternative for Deutschland (AfD) party.

To give an example of this sort of thinking effect's on policy, in Australia large segments of the ruling Liberal and National Parties are opposed to a carbon emissions trading scheme or tax. This stems from a reject of anthropogenic climate change and not to mention the influence of the coal industry lobby among politicians. So far we have had a proposed carbon emissions trading scheme shot down back in 2010, a carbon tax which was introduced in the same year. Both of these events happened under a federal Labor government and when a change of government occurred in 2013 the governing Liberal-National Party Coalition abolished the tax. Just recently the current Coalition developed something called the National Energy Guarantee which was half-baked attempt in emissions reduction. Opposition from the Liberal Party room resulted in the downfall of the last Prime Minister Malcolm Turnbull and I don't know what will happen to it under the new Prime Minister Scott Morrison.

Therefore; an economic model needs to be developed based along the principles of environmental sustainability and reject the idea of constant economic growth (which I believe clashes with environmental sustainability). I do need to do some research on the economists who are either working on or developed such a model.
Reply


Messages In This Thread
RE: The progressive bid to save capitalism - by Teejay - 09-02-2018, 08:28 PM

Forum Jump:


Users browsing this thread: 1 Guest(s)