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EN
The Problem of Green Capitalism
['Daniel Steinmetz-Jenkins', 'Elizabeth Spiers', 'Corey Pein', 'Chris Lehmann', 'Judith Butler', 'Andrew Katzenstein', 'Andrew Deck', 'Sarah Chihaya', 'Becca Rothfeld', 'Elias Rodriques']
Article | The Nation
—Daniel Steinmetz-JenkinsDaniel Steinmetz Jenkins: What makes “green capitalism” supposedly green?
These facts should make us suspicious of proponents of “sustainable capitalism” or “green growth.”While it is true that capitalism will never green itself, it is also true that specific capitalists invest in technologies and infrastructures that are labeled as green.
For this reason, I am not fully satisfied with treating green capitalism as the false consciousness of technocrats or executives.
Green capitalism comprises a set of sectors that exist because some set of powerful entities—firms, financiers, governments, experts—sees them as a means of mitigation or adaptation.
If, as many on the left charge, green capitalism subordinates real solutions to the bottom line, why are profits in these sectors often too low to attract investor interest?
['capitalism'
'extraction'
'mining'
'global'
'problem'
'resource'
'energy'
'climate'
'green'
'lithium'
'state']