Praise for Foster and Magdoff’s The nice monetary Crisis: during this well timed and thorough research of the present monetary quandary, Foster and Magdoff discover its roots and the novel adjustments that would be undertaken in reaction. . . . This booklet makes a important contribution to the continued exam of our present debt concern, one who merits our complete attention.—Publishers Weekly
There is a turning out to be consensus that the planet is heading towards environmental disaster: weather swap, ocean acidification, ozone depletion, worldwide freshwater use, lack of biodiversity, and chemical pollutants all threaten our destiny except we act. what's much less transparent is how humanity may still reply. The modern environmental stream is the positioning of many competing plans and prescriptions, and composed of a various set of actors, from militant activists to company leader executives.
This brief, readable booklet is a sharply argued manifesto for these environmentalists who reject schemes of “green capitalism” or piecemeal reform. Environmental and financial students Magdoff and Foster contend that the fight to opposite ecological degradation calls for an organization grab of financial truth. Going additional, they argue that efforts to reform capitalism alongside environmental strains or depend completely on new know-how to keep away from disaster misses the purpose. the most reason for the looming environmental catastrophe is the riding common sense of the method itself, and people in power—no topic how “green”—are incapable of creating the alterations which are necessary.
What each Environmentalist must find out about Capitalism tackles the 2 biggest problems with our time, the ecological trouble and the faltering capitalist economic climate, in a fashion that's thorough, available, and likely to impress debate within the environmental movement.