A dangerous idea is gaining prominence: the notion that the only way to protect the environment is to abandon capitalism — despite capitalism’s vastly better track record on environmental stewardship compared to communism.
“Stick with an approach to climate change mitigation in which the private sector continues to be seen as the savior, and we are setting ourselves up to continue to fail,” Brett Christophers, a professor at Uppsala University in Sweden and author of several anti-capitalist books, recently wrote in Time magazine. “Veiled by discussion of headline global trends in new renewables capacity investment is the fact that almost all the incremental progress is currently being made in one country: China.”
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