The end of the West as we know it? – Opinion – International Herald Tribune
May be the author has got a point.
“As the recent British official commission chaired by Sir Nicholas Stern correctly stated, climate change “is the greatest and widest-ranging market failure ever seen.”
The question now facing us is whether global capitalism and Western democracy can follow the Stern report’s recommendations, and make the limited economic adjustments necessary to keep global warming within bounds that will allow us to preserve our system in a recognizable form; or whether our system is so dependent on unlimited consumption that it is by its nature incapable of demanding even small sacrifices from its present elites and populations.”
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