Tuesday, August 6, 2019

Michael Hudson: Global Warming and U.S. National Security Diplomacy

Click here to access article by Michael Hudson from Naked Capitalism.

Hudson, who is employed as an economics professor at University of Missouri (Kansas City, MO), must not challenge capitalism overtly and directly. Nevertheless, I am amazed that he has gotten away with his more subdued criticisms of the system. For example, he must make less than blunt, mild statements like the following:
To implement a successful Green policy program, it thus is necessary to move beyond the environmental problem to take on a broad and wealthy array of vested interests. They will cite free-market ideology as justification for taking their money in the short run, without care for the weather disaster they are causing. That makes the task much more daunting, and also may limit the ideological appeal of a real Green program. 
Could he be writing that it is necessary for a successful Green policy program to replace capitalism with some system that doesn't reward a small minority of people to benefit from the exploitation of nature and people and, instead, is responsive to the needs of all people?