top of page
  • Writer's pictureBy The Financial District

Capitalism, Market Economics Won't Stop Climate Change

Greta Thunberg calls capitalism and market economics a ‘terrible idea’ for stopping climate change in a new book.


Photo Insert: The Gen Z activist, arguably the most recognizable face of the environmental movement, features 105 guest essays, as well as her own contribution, in her latest call to action, “The Climate Book: The Facts and the Solutions,”



The Gen Z activist, arguably the most recognizable face of the environmental movement, features 105 guest essays, as well as her own contribution, in her latest call to action, “The Climate Book: The Facts and the Solutions,” Rachel Koning Beals reported for MarketWatch.


“Leaving capitalist consumerism and market economics as the dominant stewards of the only known civilization in the universe will most likely seem, in retrospect, to have been a terrible idea,” Thunberg stressed.



If capitalism created the crisis, as Thunberg suggests, then leaning on its mechanisms to fix the crisis is a flawed idea, she says, paraphrasing Albert Einstein, who argued that the thinking which caused a problem cannot be expected to solve it.


Her takedown of capitalism features in a new book out Tuesday: “The Climate Book: The Facts and the Solutions,” which includes a kickoff essay by Thunberg, then leans on meteorologists, engineers, oceanographers and historians to make the case that there’s still hope to prevent a climate catastrophe.


All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

Last month, Thunberg slammed corporate bigwigs holding their annual meetings in Davos, Switzerland, for “fueling the destruction of the planet” by investing in fossil fuels and prioritizing short-term profits over people affected by the climate crisis.

Divided into five parts — How Climate Works, How Our Planet is Changing, How It Affects Us, What We’ve Done About It and What We Must Do Now — the book features 105 guest essays covering everything from ice shelves to economics, from fast fashion to the loss of species, from water shortages to respecting the sovereignty of Indigenous people over their time-tested sustainable practices.





Optimize asset flow management and real-time inventory visibility with RFID tracking devices and custom cloud solutions.
Sweetmat disinfection mat

bottom of page