Fossil Fuel

Capitalism Has Never Been This Irrational – Paul Jay (pt 3/3)
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Capitalism Has Never Been This Irrational – Paul Jay (pt 3/3)

Talia Baroncelli interviews Paul Jay; “The financial elites know how dangerous the climate crisis is, but they won’t acknowledge the only solution is central planning, government regulation, and intervention. They know market mechanisms won’t work within a time frame that matters, if at all. They’re not against central planning. What is the Pentagon if not central planning? What is the Fed and bank bailouts if not central planning? Central planning in their interests and under their control is okay. But government planning that transforms the economy and phases out fossil fuel, is unacceptable. They hate any form of socialism more than they hate risking the end of civilization.”

Time to Buy Out Fossil Fuel Corporations – Gar Alperovitz on Reality Asserts Itself (pt 1/2)
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Time to Buy Out Fossil Fuel Corporations – Gar Alperovitz on Reality Asserts Itself (pt 1/2)

This interview was originally released on April 28, 2017. The Next System Project’s Gar Alperovitz tells Paul Jay that the Federal Reserve should use quantitive easing, i.e. create money, to take Big Oil companies out of the equation and finance a massive green infrastructure program.

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