Activity

[...] Major defense stocks have performed extraordinarily well in the twenty-first century, catapulting over the also vibrant S&P 500.54 And minor defense companies have had good luck being acquired by those big ones. “It’s just, sadly, a good business to be in right now, given the state of affairs…

Offloading costs and risks to labor and the public at large is a more viable solution for the capitalist class than a race to the bottom of the extraction barrel that would pit capitalist against capitalist and accelerate the earth’s chaotic exhaustion. Private green investments will help reduce cl…

If capitalists rob nature, and if nature undermines capital, everyone ends up broke. Where is the money supposed to come from? It’s a real concern: The World Bank called the early 2020s the “slowest half-decade of GDP growth in 30 years,” driven by timid capital investment.45 There are fanciful sol…