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Capitalism Broke the Climate. Now It Can Fix It | Akshat Rathi | TED

We can blame capitalism for worsening the climate crisis, says journalist Akshat Rathi, but we can also use it to create the solutions we need for the mess we’re in. He details how “climate capitalism” — the strategic use of market forces and government policies to make polluting the planet cost more than advancing climate…

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We can blame capitalism for worsening the climate crisis, says journalist Akshat Rathi, but we can also use it to create the solutions we need for the mess we’re in. He details how “climate capitalism” — the strategic use of market forces and government policies to make polluting the planet cost more than advancing climate solutions — can flip the script and actually make sustainability profitable. (Recorded at TEDCountdown@BloombergGreenFestival on July 12, 2024)

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37 Comments

37 Comments

  1. @ntchriest

    September 27, 2024 at 8:18 am

    The problem cannot be the solution. His example of China is so flawed. China regulates the private sector using socialist policy. The socialist policy is created by a communist government. The IRA subsidies is a socialist approach to regulating capitalism. He has little to no understanding of the basic principles of capitalism.

  2. @chris24hdez

    September 27, 2024 at 8:29 am

    Industrialism and the mechanical technology revolution, not capitalism.

    • @BlueEyedVibeChecker

      September 27, 2024 at 8:35 am

      Those things are bi products of capitalism, they exist purely to make money.

      Communism isn’t the answer, but capitalism as it is now is a problem.

    • @leviefrauim1425

      September 27, 2024 at 4:17 pm

      And how do you expect to achieve that without capitalism?

    • @biomutarist6832

      September 28, 2024 at 1:10 am

      Industrialism and capitalism are practically twins; one enables the other.

  3. @jasongriffin1127

    September 27, 2024 at 8:48 am

    Climate is changing but the “climate change crisis” is man made manipulation to change governments. It’s all about control over people and freedoms.

    It’s a sham, clown show.

  4. @KoryFae

    September 27, 2024 at 9:20 am

    “If it’s broke, it’ll totally still work. No need to fix it.”

    “Just one more company bro, just need to make one more corporation and it’ll totally work bro.”

  5. @ToninFightsEntropy

    September 27, 2024 at 9:24 am

    I don’t have enough internet to watch the video, amazed it loaded enough to do a comment if this works, but I could read the title and it reminded me of something I’ve been saying for years: Make carbon capture from the atmosphere profitable, and capitalism solves the climate crisis.. before it breaks it the other way, anyway 🤣
    But that seriously could work, because the time it takes for this change could also be the time it takes us to replace capitalism, if we aim to make the shift around the time we’ve balanced it lol. It would be a massive reduction in economic strain to do that that way and ensure survival. If those were the only important factors it would be easy.
    But of-course other known and unknown factors need much much more consideration, prediction, and planning for, and are the bulk of it.

  6. @spartan117ak

    September 27, 2024 at 9:33 am

    wow, if it isn’t the most upfront, blunt mission statement of TED talks in bad title form.

    just a bunch of billionaires desperate for a little good PR before it all collapses, not sure what the point is, it’s not gonna make them any safer in their cute self contained apocalypse shelters

  7. @paper_ann

    September 27, 2024 at 9:52 am

    I have a request, can you make a playlist with all the videos? It will make watching much easier, because youtube has removed the “play all” button. Greetings from Poland ⭐💜.

  8. @brittonprice637

    September 27, 2024 at 9:58 am

    Romans 10:9

    “That if thou shalt confess with thy mouth the Lord Jesus, and shalt believe in thine heart that God hath raised him from the dead, thou shalt be saved.”

  9. @alestevez950

    September 27, 2024 at 10:00 am

    The point of a market economy is to waste resources as quickly as possible lol. This is nonsense.

  10. @debyte

    September 27, 2024 at 11:05 am

    So the State (taxpayers money) sets the rules, regulations and pays for the infrastructure and then Capitalism moves in and cleans up the profits?😮

  11. @maikvanrossum

    September 27, 2024 at 11:21 am

    The excesses of capitalism cannot… as with every other system. As always, it will need the good in humanity.

  12. @Eviticus-Maximus

    September 27, 2024 at 11:31 am

    lol in twenty years instead of being paid cash you’ll be paid in clean air

  13. @Juniper122

    September 27, 2024 at 11:36 am

    Simping for capitalism? Capitalism is the reason why we are in a climate crisis. This is an absurd argument.

  14. @bellmattwebb

    September 27, 2024 at 12:04 pm

    Yeah, still no. Thanks for trying though.

    • @whtwht

      September 28, 2024 at 5:58 pm

      The only sensible comment

  15. @philipmeade7789

    September 27, 2024 at 1:02 pm

    We’ve squandered valuable decades pursuing this exact magical thinking. No, capitalism isn’t going to save us from this. It is actively making the problem worse RIGHT NOW. We need to stop kidding ourselves and use government to act in the interest of the people it represents, not the profits of our corporate overlords.

  16. @MBoriawala

    September 27, 2024 at 2:27 pm

    Great point – Burning World would increase the prices of things.

  17. @Eliza-98

    September 27, 2024 at 3:06 pm

    With solar panels, companies will start moving towards planned obsolescence at the first chance they get. With the ice cream examples, they will find a way to make an ultra-processed alternative to ice cream (which is cheaper than buying actual dairy anyway) and make gig economy workers drive around to deliver them to you.

    The speaker did not once mention the core problem of capitalism: the necessity of endless growth.
    While strong government intervention and subsidies are certainly a good idea, it’s difficult to believe that he actually thinks they are a proper solution to the core problems of capitalism. Instead, we can look towards designing new, non-capitalist systems that foster innovation without these core problems.

  18. @gregbors8364

    September 27, 2024 at 4:49 pm

    It’s true. After capitalism destroys the environment, someone will have to pay someone else to try to fix it

  19. @BillyTheKidCENTURION

    September 27, 2024 at 7:25 pm

    Because of the war on cheap hydrocarbon fuels, and the inflation caused by spending money that does not exist, on a crisis that does not exist, increases costs for everyone. There is no such thing as green energy, and no long term storage from times when the wind doesn’t blow, and the sun doesn’t shine. “Green energy” is dirty, hurts the planet, and depends on slave wages, actual slaves. EVs are unreliable, dangerous, and much more expensive over hydrocarbon powered vehicles. There has been no increase in extreme weather events and global warming ….. there is no “Climate Crisis”

  20. @danielamenezesmoreira6501

    September 28, 2024 at 8:51 am

    It makes zero sense to think the cause of the problem can also be the solution 😅

  21. @madhulata4345

    September 28, 2024 at 9:53 am

    Scyebglz8 intuitive u 86uo
    Yen y hai 🤠 ka hai 😁 ka bhi aapke liye ro Raha tha na ki prakriti per month ka bhi aapke liye ro raha hai bhediye se rhega tha bahut aur upar se hi Mahadev likho itne sare mein kya kar rahe ho aap mere pass hai kya kar rahe ho aap mere pass hai kya kar rahe ho aap mere pass hai kya kar rahe ho aap mere pass hai kya kar rahe ho aap mere pass hai kya kar rahe ho aap mere sath bitana ka kitna time ho gya hai na ek hi to khilte hai na ki prakriti ka 😮bhi ho gaya kya hua hai kya hai 😮😮😂🎉😮😂😂😢

  22. @Sjellokat

    September 28, 2024 at 12:54 pm

    Wow. He is trying to argue in favor of Capitalism but he is literally making points in favor of Socialism

    • @whtwht

      September 28, 2024 at 5:59 pm

      Lost individuals

  23. @myknowledgechan

    September 28, 2024 at 7:26 pm

    What empty bullshit. Absolutely disgusting, what he said was complete and utter bullshit on environmental destruction

  24. @myknowledgechan

    September 28, 2024 at 7:53 pm

    This is why the Ganges river is the dirtiest river in the world. The propaganda of “being friends with capitalists” has become everyday friendship

  25. @BobQuigley

    September 29, 2024 at 8:51 am

    Currently capitalism benefits and actually advocates militarism. Its a $7+ trillion industry. Millions of individuals serve. Millions more of the most intelligent people manufacturer design invent the weapons of death. The industry also has access to the best raw materials, educational institutions, computer processing, etc etc. In other words everything needed for the transition already exists. Political leaders role is to shift this same machine from its current path of death and destruction to biosphere protections, improvements to existing infrastructure. In a world of 8 billion precious humans we no longer require the barbaric playbook of empire which created so much of the hatred and divisiveness of today. I’m with the presenter! The game of civilization is the best thing humans have made.

  26. @bobby1019

    September 29, 2024 at 9:27 am

    This is like when granduncle tried to cure his alcohol addiction with more alcohol

  27. @MerajAmber

    September 29, 2024 at 11:23 am

    Your way of explaining is cake of cup

  28. @amermeer9451

    September 29, 2024 at 12:46 pm

    Another horrible TED talk

  29. @balasubr2252

    September 29, 2024 at 5:14 pm

    India and other equatorial countries can produce solar power based power to the rest of the planet 24 hours a day through interconnected smart grid radial networks spaced 1 degree apart and stay off the climate crisis.

  30. @andykennedy2536

    September 30, 2024 at 9:22 am

    Absolutely not. Capitalism a) maximises returns to shareholders b) requires exponential returns. No reason to think that will result in anything other than what it’s delivered to date – loads of crap no one really needs by exploiting people and resources all over the world, and the climate crisis. It’s broken.

  31. @milindapeiris9481

    September 30, 2024 at 12:34 pm

    I think this is the path to a Sustainable Energy Efficient world. We can’t deny Capitalism, we can make it work for the betterment of humanity.

  32. @BandanaJacob

    September 30, 2024 at 4:21 pm

    If you really think capitalism can save the world then consider getting an appointment with your psychiatrist and some economics and history lessons.

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