Capitalism vs. Climate | Science and Society

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Dr. Ayana Elizabeth Johnson hosts journalist and activist Naomi Klein and finance expert Régine Clément for a conversation grappling with how we might transform our economy in order to address the climate crisis.

The quest for short-term profits has been to the detriment of a habitable planet. Mining, overfishing, and clear cutting have led to pollution, extinctions, and loss of nature. By combusting fossil fuels, we’ve gone beyond changing ecology to changing the very chemistry of the atmosphere and ocean. Extractive capitalism has upended our climate. Yet, might it also, given the power of markets, help us find a way forward?

This moment in human history requires nothing less than transformation—of electricity, transportation, agriculture, buildings—of our relationships to nature and to each other. But we actually have most of the solutions we need, from renewable energy to regenerative farming. Can we implement them at scale within a financial system that maximizes quarterly profits? How might banks, insurance companies, corporations, and the like become an intentional and engaged part of the solution? And what is the role of governments? Of communities? Of artists and storytellers?

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The Pioneer Works Broadcast is supported in part by Science Sandbox, a Simons Foundation initiative dedicated to engaging everyone with the process of science, and the Alfred P. Sloan Foundation Program in Public Understanding of Science and Technology, bridging the two cultures of science and the arts.