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Green Capitalism: The God that failed, by Richard Smith

Author:
Bruno Kern

Entry type:
Scientific paper

Year of publication:
2014

Publishers:
Degrowth Conference Leipzig 2014

Language:
English

Abstract: The article shows, how the oroject of a green capitalism of green technology, green taxes, eco-conscious shopping, profit seeking with environmental goals and the like clerly failed. Maximizing profit and saving the planet are inherently in conflict and cannot be systematically aligned. The possibilities for "dematerializing" production are severely limited. The only way to prevent overshoot and colapse is to enforce a massive economic contraction in the industrialized economies. But this option is foreclosed under capitalism.

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