Susan George: We are in the midst of simultaneous crises. We have the social crisis of increasing poverty and inequalities. We have the financial crisis. And we have the ecological crisis, which in my view is the most serious of all. These different crises reinforce each other. As all three are structurally linked, their solution can also be structurally linked.
Walden Bello: The dynamics of both climate change and the financial crisis stems from the drive of the system to create tremendous wealth as well as tremendous inequality, especially over the last 25 years. We have to confront the fact that this goes to the heart of the system that is dominant globally, which is global capitalism. ‘Neoliberalism’ has spurned the type of regulation that would have achieved more equality among countries and within countries, as well as a greater and a more sane equilibrium between the environment and society. This unregulated mode of production and consumption has basically led to the dead-end that we’re in now.
