This posting, originally from Socialist Democracy (Ireland) takes a critical look at the Green New Deals, which have been by adopted by various social democratic parties (most recently in Corbyn-led Labour’s 2019 general election manifesto). The article questions the economic viability of Keynesian inspired national New Deals, especially in a situation of an underlying capitalist crisis of profitability and global environmental degradation. In the drive for profits, disregard for environmental consequences is endemic to capitalism. Overcoming ongoing global environmental degradation requires a global solution. which can only be provided by the complete uprooting of capitalism.
THE GREEN NEW DEAL – A solution to environmental destruction?
Many Left groups now put forward at the centre of their programme a Green New Deal. What is the Green New Deal? Continue reading “THE GREEN NEW DEAL – A solution to environmental destruction?”