Image by Dan Cristian Pădureț.

You can’t have infinite growth on a finite planet. That should be a commonplace idea. And that inevitably means facing up to the necessity of putting an end to capitalism in favor of an economic system of rationality, sustainability and equity for all the world’s peoples.

It can’t be said too many times that the concept of “green capitalism” is a chimera. Unfortunately, belief in that chimera is not limited to the world’s center-left political parties; it extends to the world’s Green parties. Various “Green New Deal” programs have been floated in recent years, generally revolving around a massive buildout of renewable-energy infrastructure and strengthening the social safety net. On their own, there is no rational argument that such programs, should they materialize, would not provide some benefits. But how transformative are such programs?

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