George Monbiot: Never-Ending Growth

Cannot Be Sustained on a Finite Planet

snip> George Monbiot: It would be wrong to blame only neoliberalism (sometimes described in the US as market fundamentalism) for every element of the mess we're in. It would be wrong to blame only capitalism. For example, a profound shift in the relationship between humans and the living world began with the widespread use of coal, particularly at the beginning of the English Industrial Revolution (which became the template for industrialization in many other countries). It permitted the continuous economic growth that eventually improved the living standards of many people, while simultaneously enabling the conquest and repression of others. But it also set in train an environmental conflagration -- in both capitalist and communist nations -- that continues to rage today. I see coal as a more important determinant of human history than either capitalism or communism.

However, neoliberal ideology has greatly exacerbated the predicament of both people and planet. By ripping holes in the social safety net, shutting down organized labor, privatizing and degrading public services and deregulating predatory capitalism, it has reversed many of the gains in human welfare that took place between 1945 and the 1970s, spread precariousness and financial crises, and enriched the ultra-wealthy at the expense of the rest. One result is that inequality, which declined steeply in the mid- to late 20th century, has now risen so swiftly that in the US and UK it is heading toward the extreme levels of the 1920s.

At the same time, by insisting that corporations should regulate themselves and that governments should not intervene on behalf of the public interest, it has accelerated the environmental crisis and constrained the options for responding to it.

http://www.truth-out.org/news/item/35668-george-monbiot-never-ending-growth-cannot-be-sustained-on-a-finite-planet?key=0