Dr. Joseph Stiglitz, the Nobel Prize-winning economist, has asserted that the dominant economic model of the latter 20 th Century — supply side free market economics — is obsolete in today’s swiftly changing global environment. Trickle down has had its day.
The world today is transitioning away from fossil fuel capitalism towards an energy model that has been termed “beyond carbon.” The fossil economy is no longer sustainable. Climate change and the plastics epidemic are pointers to the colossal damage the carbon economy has wreaked.
The carbon economy is synonymous with the exploitative nature of modern capitalism. The carbon economy is […]
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