Following the crash of 2008, capitalism changed drastically. In their attempt to re-float the crashed financial system, central banks channelled rivers of cheap debt-money to the financial sector, in exchange for universal fiscal austerity that limited the middle and lower classes’ demand for goods and services. Unable to profit from austerity-hit consumers, corporations and financiers were hooked up to the central banks’ constant drip-feed of fictitious deb

SHEFIK: no a cetl si ten clanek?

Under feudalism,

production came first with the peasants working the land to plant and harvest crops.

Distribution followed the harvest, as the sheriff collected the lord’s share. Part of this share was later monetised when the lord’s men sold it at some market.

Debt only emerged at the very last stage of the cycle when the lord would lend his money to debtors, the King often amongst them.

Capitalism reversed the order. Once labour and land had been commodified, debt was necessary before production even began. Landless capitalists had to borrow to lease workers, land and machines. Only then could production begin, yielding revenues whose residual claimant were the capitalists. Thus, debt powered capitalism’s early oeuvre. However, it took the second industrial revolution before capitalism could re-shape the world in its image

SHEFIK: diky za dotaz. upnula jsem se na schellnhubera, má takový oči jak kdyby mluvil už z hrobu..

čili že by velcí hráči přijali závazek 2050 net zero, EU minus 65 % do 2030, obecně 50 % do 2030 a ještě nějakou úmluvu že je priorita pomoct třetímu světu...

(věděli jste že Nigérie v tomto století předstihne v počtu obyvatel činu takže bude druhá za Indii? nechápu)

dotace na elektromobily atd to je na nic, je to "zelená politika" aby zelený volič mohl v klidu volit

SHEFIK: varoufakis prave rika, ze ty bailoutovy a levny penize prave nejsou pouzivany k odpovidajicim investicim, ale k dalsimu podporeni ty financializace, coz vede k temhle bizar fenomenum, kdy trzni/financnicka realita neodpovida tomu, co se deje celkove ve spolecnosti. tzn. neni to podle nej primarne o tom, ze je emitovany velky mnozstvi penez, ale o tom, ze nejdou do realne potrebnejch investic a transformace na bezemisni infrastrukturu.

V posledních měsících vznikla řada pro Českou republiku relevantních studií předkládajících různé pohledy na možné dekarbonizační trajektorie.
Ve spolupráci s Výborem pro záležitosti Evropské unie Senátu Parlamentu ČR se uskuteční expertní kulatý stůl shrnující klíčové výstupy existujících studií a stejně tak i metodologická východiska, což umožní srovnání různých přístupů v širší perspektivě. To vše s přihlédnutím k očekávanému zvýšení evropských i českých emisních cílů do roku 2030.
▶️ Úvodní slovo:
Václav Hampl, předseda Výboru pro záležitosti EU Senátu ČR
▶️ S příspěvky vystoupí:
Miroslav Lopour, Deloitte
Lukáš Minařík, Ministerstvo životního prostředí
Oldřich Sklenář, Fakta o klimatu
Jáchym Srb, Asociace pro mezinárodní otázky/Association for International Affairs
Milan Ščasný, Univerzita Karlova
Kristina Zindulková, Asociace pro mezinárodní otázky/Association for International Affairs
Akce bude streamována na Facebooku AMO. Zobrazit míň

https://www.facebook.com/events/586403625370270/

The situation today in California isn’t yet quite as grim, although this week CalFire advised every citizen of the state — all 40 million of them — to be prepared to evacuate. Already, more than 100,000 already have. Over just the last seven days, 700,000 acres have burned in California — a number that would have been, in recent memory, a historically devastating year of fire. In just five days, more land has been burned than in all of 2019, and 500,000 of those acres are in and around the Bay Area. There, the Lightning Complex — in wildfire terminology, “complex” is when multiple blazes join forces — has alone burned 200,000 acres and is, at present, zero percent contained. The Complex could burn as many as a million acres, it’s been suggested—the state’s first “gigafire.” The lightning storms that set it off simultaneously ignited so many other wildfires the state authorities couldn’t keep track of all of them, just the 376 most significant ones. All told, more than ten thousand lightning strikes were recorded in a single day; the week saw 560 wildfires start. Big Basin Redwoods State Park has been burned through, prompting a conservation group to write, “We are devastated to report that Big Basin, as we have known it, loved it, and cherished it for generations, is gone.” These trees are between 800 and 1,500 years old. Some of them, older than Muhammad, had stood for a thousand years by the time Europeans first set foot in North America. The youngest of them are older than the Black Death, and precede the invention of the printing press by centuries. Reports yesterday had them “scorched but still standing.”

Climate Change Has Led To Extreme Wildfires In California
https://nymag.com/...ligencer/2020/08/climate-change-has-led-to-extreme-wildfires-in-california.html

Two tropical systems expected to reach the Gulf of Mexico by early next week could simultaneously become hurricanes in an unprecedented event.
Meteorologists say residents from Texas to Florida need to prepare for Tropical Storm Laura and Tropical Depression Fourteen, as they could impact the region in the coming days.
"We could be looking at two landfalls in a matter of just a day or two of each other at the beginning to middle part of next week, which is really unprecedented when you are talking about potentially two hurricanes in the Gulf of Mexico," said CNN Meteorologist Jennifer Gray.
The storms haven't yet entered the Gulf of Mexico but could intensify rapidly when they do. As of Friday evening, Gray says, there's still a lot of uncertainty.


https://www.cnn.com/2020/08/21/weather/atlantic-tropical-development-forecast-friday/index.html

Two days ago, something extraordinary happened. Something that has never happened before in the history of capitalism. In Britain, the news came out that the economy had suffered its greatest slump ever – more than 22% down during the first 7 months of 2020. Remarkably, on the same day, the London Stock Exchange, the FTSE100 index, rose by more than 2%. On the same day, during a time America has ground to a halt and is beginning to look like not just as an economy in deep trouble but also, ominously, as a failed state, Wall Street’s SP500 index hit an all-time record.

...

The decoupling of the financial markets from the real economy, that was the trigger for this talk, is a sure sign that something we may defensibly label postcapitalism is already underway.
My difference with fellow lefties is that I do not believe there is any guarantee that what follows capitalism – let’s call it, for want of a better term, postcapitalism – will be better. It may well be utterly dystopic, judging by present phenomena. In the short term, to avoid the worst, the minimum necessary change that we need is an International Green New Deal that, beginning with a massive restructuring of public and private debts, uses public financial tools to press the oodles of existing liquidity (e.g. funds driving up money markets) into public service (e.g. a green energy revolution).

The problem we face is not merely that our oligarchic regimes will fight tooth and nail against any such program. An even harder-to-crack problem is that an International Green New Deal, of the sort alluded to above, may be a necessary condition but is, most certainly, not a sufficient condition to create a future for humanity worth striving for. Can we imagine what may prove sufficient? My controversial parting shot is that, for postcapitalism to be both genuine and humanist, we need to deny private banks their raison d’être, and to terminate, with one move, two markets: the market for labour and the share market.
Fully aware of how difficult it is to imagine a technologically advanced economy lacking share and labour markets, I wrote my forthcoming book Another Now – in which I lay out the argument that terminating labour and share markets, along with the type of commercial banking taken for granted today, is a prerequisite for a postcapitalist society with functioning markets, authentic democracy and personal liberty.

https://www.yanisvaroufakis.eu/...ed-up-the-passage-to-postcapitalism-lannan-institute-virtual-talk/