14 Mar '12, 8pm

Naomi Klein is half right: Distorted markets are the real problem

Naomi Klein is half right: Distorted markets are the real problem

Naomi Klein’s interview in Grist this week is smart, insightful, and half right. Her assessment of the obstacles to solving climate change — from ideology to misplaced faith in green consumerism — are exactly right. And she’s right that fixing this problem means changing how the world does business. But Klein is wrong in her more serious assertion, first articulated in her “Capitalism vs. the Climate ” article in The Nation , that we can save the planet only if we abandon capitalism: Responding to climate change requires that we break every rule in the free-market playbook and that we do so with great urgency. The deeper problem is not that our markets are too free; it’s that they are woefully rigged in favor of pollution. Which is also the main reason the Earth finds itself in peril. (I’m pretty sure Klein would agree with that point.) Think of it this way: As the system ...

Full article: http://grist.org/climate-change/naomi-klein-is-half-right...

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