Intelligence Squared

Classic Debate: To Stop Climate Collapse, We Must End Capitalism

10 snips
Aug 1, 2025
Adair Turner, former Chair of the Financial Services Authority, joins environmental lawyer Farhana Yamin, Guardian journalist George Monbiot, and environmentalist Tony Juniper for a lively debate. They dissect capitalism's role in the climate crisis, debating whether its relentless growth threatens our planet. Turner contends capitalism has solved many problems, while Yamin and Monbiot advocate for radical change to prevent catastrophe. The engaging discussion explores the urgent need for systemic economic shifts to align sustainability with our economic model.
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INSIGHT

Capitalism's Growth Drives Collapse

  • Capitalism requires perpetual growth to survive, which conflicts with Earth's finite resources.
  • Economic growth drives increased consumption, making climate collapse inevitable under capitalism.
INSIGHT

Tech Innovation Powers Green Growth

  • Technological advances like cheap solar energy can enable zero-carbon economies while supporting growth.
  • Capitalism's market competition drives innovation vital to tackling climate change efficiently.
ADVICE

Control Big Business to Shift Economy

  • We must regulate and control big business and finance to stop fossil fuel subsidies and financing.
  • Governments should stop taxpayer handouts to polluting industries to enable an economic shift.
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