The end of capitalism Ulrike Herrmann

Description

Capitalism has brought about many positive things. At the same time, however, it is ruining the climate and the environment, so that humanity’s very existence is now at risk. ‘Green growth’ is supposed to be the saviour, but economics expert and author Ulrike Herrmann disagrees. In this book, she explains in a clear and razor-sharp manner why we need ‘green shrinkage’ instead. Greenhouse gases are increasing dramatically and unchecked. This failure is no coincidence, because the climate crisis goes to the heart of capitalism. Prosperity and growth are only possible if technology is used and energy is utilised. Unfortunately, however, green energy from the sun and wind will never be enough to fuel global growth. The industrialised countries must therefore bid farewell to capitalism and strive for a circular economy in which only what can be recycled is consumed.