Category: Economy

Panama Papers: Plutocracy, Kleptocracy, or Both?

April 22, 2016

plutocracy  [ploo-tok-ruh-see] noun, plural plutocracies. the rule or power of wealth or of the wealthy. a government or state in which the wealthy class rules. a class or group ruling, or exercising power or influence, by virtue of its wealth. kleptocracy  [klep-tok-ruh-see] noun, plural kleptocracies. a government or state in which those in power exploit national resources and steal; … More Panama Papers: Plutocracy, Kleptocracy, or Both?

To build a sustainable world, academics need to tear down the Ivory Tower

March 19, 2016

Avoiding societal collapse means building bridges between science and the rest of the world. [Please note: This article is republished with permission from the site, ensia.com. It was accessed at: http://ensia.com/voices/to-build-a-sustainable-world-academics-need-to-tear-down-the-ivory-tower.] Anthony D. Barnosky @tonybarnosky Professor of integrative biology, University of California, Berkeley Elizabeth A. Hadly @LizHadly Stanford professor and global change scientist Paul R. Ehrlich President, Center for … More To build a sustainable world, academics need to tear down the Ivory Tower

Renewables Transition: It’s Happening, But How, and is it Enough?

March 16, 2016

The report of the latest “Bloomberg New Energy Finance” (BNEF) annual summit in New York proclaimed on April 14, 2015 that fossil fuels had already lost the race against renewables. “The race for renewable energy has passed a turning point. The world is now adding more capacity for renewable power each year than coal, natural gas, and oil … More Renewables Transition: It’s Happening, But How, and is it Enough?

Individual Climate Ethics and Social Action

February 24, 2016

Climate action: can we do it ourselves? If we recycle everything we can, take shorter showers, and install some solar panels, will that prevent the looming climate chaos? We could buy an electric car and low-emissions consumer products, maybe even go “off the grid.” But would that be enough to avoid climate catastrophe? Sorry. Absolutely … More Individual Climate Ethics and Social Action

Questioning Capitalism: Goldman Sachs on Corporate Profit Margins

February 8, 2016

Bloomberg News reported on February 3, 2016, that a new report from Goldman Sachs Group Inc. analysts wonders whether currently very high corporate profit margins can be sustained. They are at near record levels, despite a stagnant real economy characterized by record low wages and listless job growth and declining opportunity structures. Well, according to … More Questioning Capitalism: Goldman Sachs on Corporate Profit Margins

Malthus, Mistakes, and Missing the Obvious

January 26, 2016

I’ve been reading a very interesting book lately. It is all about scientific ideas or theories that the authors of its many small chapters believe are impeding scientific progress in a wide variety of specialties. The book is called, This Idea Must Die: Scientific Theories That Are Blocking Progress (New York: Harper Perennial, 2015). Edited … More Malthus, Mistakes, and Missing the Obvious

Why Recycle? Sometimes the Necessary is Insufficient

December 18, 2015

I have been recycling for a long time. At first it was just aluminum cans and glass bottles, especially when there was a deposit to collect. Then plastic grew to dominate the world of packaging. Of course, the process has gotten more sophisticated in the last couple of decades. Remember the 5¢ redemption on glass … More Why Recycle? Sometimes the Necessary is Insufficient

COP21, Bill Gates, and Climate Catastrophe

December 2, 2015

COP21, like the United Nations climate conferences before it, appears to be floundering over international non-binding showcase “commitments” to reduce carbon emissions — and is emitting effusive illusions of progress. Pleas of island nations fall on deaf ears. The negotiators are ignoring the scientific evidence that the reductions they are talking about fall far short … More COP21, Bill Gates, and Climate Catastrophe

Trapped by Finance Capital: Business as Usual While Planet Burns Part III: Creative Destruction

November 14, 2015

Humanity must minimize the chaos of a catastrophic convergence of accelerating climate destabilization, growing poverty and food shortages, armed conflict, and massive migrations around the world. Otherwise, while the old plutocratic order will be destroyed, nothing viable will emerge to replace it. A new form of “creative destruction” must occur for human survival. A new … More Trapped by Finance Capital: Business as Usual While Planet Burns Part III: Creative Destruction

Trapped by Finance Capital: Business as Usual While Planet Burns. Part II: Chaos

November 6, 2015

The role of Exxon in delaying climate action over the past three decades since its executives were made aware of the consequences of global warming by its own engineers was huge. But it was made possible by the great power that the largest fossil-fuel corporation has had on the society because of its integration with … More Trapped by Finance Capital: Business as Usual While Planet Burns. Part II: Chaos