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[Nancy Fraser] Capitalism, COVID & the Climate Crisis

10.06.2022 - By David BarsamianPlay

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Capitalism, COVID & the climate crisis are interconnected. Capitalism careens from one disaster to another. Its inequalities are grotesque. The pandemic is likely to take on new forms in the future. The climate emergency is all too obvious. The latest IPCC report, the UN agency on climate, makes for sobering reading. It warns that dire impacts from climate change will arrive sooner than many expect. The co-chair of the working group behind the report said, "Without immediate and deep emissions reductions across all sectors, it will be impossible.” Meanwhile, UN Secretary-General António Guterres, said some governments and businesses were “lying” in claiming to be on track for 1.5C. He warned: “Some government and business leaders are saying one thing – but doing another. Simply put, they are lying. And the results will be catastrophic.”

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