Bill McKibben: The Greenback Effect

Greed has helped destroy the planet


This proof has certain logical shortcomings, beginning with the fact that it’s illogical. But it is emotionally comforting. For those who wanted to stop thinking about politics and responsibility and morality and science and all that stuff, the advent of Reagan-era market fundamentalism was a godsend, and anything that threatens to disrupt it is an identity-challenging tilt of the psychic pinball machine.

So what I tend to say to these people is, I hear you. Markets are powerful. Let’s think about why they’ve failed here and how to make them work.

Mother Jones