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"The most important book yet from the author of the international bestseller The Shock Doctrine, a brilliant explanation of why the climate crisis challenges us to abandon the core "free market" ideology of our time, restructure the global economy, and remake our political systems. In short, either we embrace radical change ourselves or radical changes will be visited upon our physical world. The status quo is no longer an option. In This Changes...
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Citing new understandings about fossil fuels as well as an emergence of what the author terms an "energy economy" of renewable technologies, a revised report explores how daily life is likely to be affected by a dramatic shift in investment practices toward sustainable energy sources.
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"The battle against climate change is no longer just an environmental or social issue. As shareholders demand corporations protect assets against climate change and the economic impact of environmental disasters suck billions of dollars out of the economy, capitalism itself has become an ally. The economic impact of climate change is rattling the foundation of our economy at its very core. It's blowing up centuries-old industries from automobiles...
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"Our global economy is outgrowing the capacity of the earth to support it, moving us ever closer to decline and possible collapse. We have lost sight of how vast the human enterprise has become. A century ago, annual growth in the world economy was measured in billions of dollars. Today it is measured in trillions. As a result, we are consuming renewable resources faster than they can regenerate. Forests are shrinking, water tables are falling, and...