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Ståle Holgersen, "Against the Crisis: Economy and Ecology in a Burning World" (Verso, 2024)

New Books in Economics

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Crises, Capitalism, and Class Divide

This chapter examines how crises are perceived within leftist and environmental movements, arguing they often lead to conservative political shifts rather than progressive advances. It highlights the adaptability of capitalism amidst various crises, contrasting the urgent issues of economic crises with the slower-moving, yet catastrophic, nature of ecological crises like climate change. The discussion emphasizes the deepening class divide exacerbated by climate issues, questioning the responsibilities of those in power and the disproportionate effects on marginalized communities.

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