Letter from economists: to rebuild our world, we must end the carbon economy
by Jeffrey Sachs, Joseph Stiglitz, Mariana Mazzucato, from on (#56GXK)
The carbon economy amplifies racial, social and economic inequities, creating a system that is fundamentally incompatible with a stable future
From deep-rooted racism to the Covid-19 pandemic, from extreme inequality to ecological collapse, our world is facing dire and deeply interconnected emergencies. But as much as the present moment painfully underscores the weaknesses of our economic system, it also gives us the rare opportunity to reimagine it. As we seek to rebuild our world, we can and must end the carbon economy.
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