Encyclopedia of Opinion
Question
Does ending climate change mean the end of capitalism?
Position1 of 2

No - Capitalism can adapt

This position holds that ending climate change does not require ending capitalism, arguing market forces can be harnessed to tackle it. It points to approaches like Green Keynesianism and the Green New Deal, and to "true cost" pricing that accounts for carbon.

Supporting arguments · 2

  1. "True Cost" Pricing
    Governments can impose taxes and levies that recognise the damage caused by certain goods to market forces and produce socially good outcomes
  2. Green Keynesianism/The Green New Deal
    A massive public investment in green technologies would re-orient a Capitalist society without totally overhauling it