The only way humanity has a chance of avoiding a climate disaster will be through a global plan based on common ownership of resources and technology that replaces the capitalist market system. In a new book by Scottish Marxist economists Paul Cockshott, Alin Cottrell, and Jan Philip Dapprich, entitled Economic Planning in an Age of Climate Crisis, the authors take up this issue.
Over the years, Cockshott and Cottrell have done sterling and important work in showing that planning in a non-capitalist economy is feasible and would work so much more effectively than the capitalist market economy. In this new book, the authors go further to show how planning is vitally necessary if the disasters of climate change, already with us, are to be mitigated and the planet is no longer degraded by greenhouse gas emissions. And they spell out how planning by replacing the market would work.
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