Alternatives to Capitalism, Part 2: Climbing Down From Growth

One alternative to free-market capitalism is degrowth, which Louis Marion in A Fitting Idea for Fateful Times describes as “a rallying cry for the preservation of our world.” Richard Heinberg in The End of Growth: Adapting to Our New Reality thinks the limitless growth paradigm of industrial civilization is colliding with non-negotiable natural limits. He believes that resource depletion, environmental impacts and crushing levels of debt force us to question the validity of capitalism.

Degrowth advocates, as the term suggests, even see “sustainable development” as a contradiction in terms, “a way to maintain profits and avoid making substantive changes to our habits.”

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Empty promises, false choices of Energy East

Forget Keystone XL for the moment. With U.S. approval growing ever more unlikely, TransCanada Pipelines has resuscitated Energy East, its proposed $12-billion pipeline to ship Alberta crude to refineries and export terminals in Quebec and New Brunswick. But long before Energy East delivers a drop of oil, it has already spilled a torrent of empty promises and false choices.

Some background: Keystone XL is TransCanada’s proposed $7-billion pipeline extension stretching from Hardisty, Alta., to Steele City, Neb., where it would connect to a pipeline running to refineries and export terminals on the coast of the Gulf of Mexico.

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