Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. The defining characteristics of capitalism include capital accumulation, competitive markets, price systems, private property, recognition of property rights, self-interest, economic freedom, meritocracy, work ethic, consumer sovereignty, economic efficiency, limited role of government, profit motive, a financial infrastructure of money and investment that makes possible credit and debt, entrepreneurship, commodification, voluntary exchange, wage labor, production of commodities and services, and a strong emphasis on innovation and economic growth. In a market economy, decision-making and investments are determined by owners of wealth, property, or ability to maneuver capital or production ability in capital and financial markets—whereas prices and the distribution of goods and services are mainly determined by competition in goods and services markets.
In economics, a free market is an economic system in which the prices of goods and services are determined by supply and demand expressed by sellers and buyers. Such markets, as modeled, operate without the intervention of government or any other external authority. Proponents of the free market as a normative ideal contrast it with a regulated market, in which a government intervenes in supply and demand by means of various methods such as taxes or regulations. In an idealized free market economy, prices for goods and services are set solely by the bids and offers of the participants.
Naomi Klein is a Canadian author, social activist, and filmmaker known for her political analyses; support of ecofeminism, organized labour, criticism of corporate globalization, fascism and capitalism. In 2021, Klein took up the UBC Professorship in Climate Justice, joining the University of British Columbia's Department of Geography. She has been the co-director of the newly launched Centre for Climate Justice since 2021.
Neoliberalism, also neo-liberalism, is both a political philosophy and a term used to signify the late-20th-century political reappearance of 19th-century ideas associated with free-market capitalism. The term has multiple, competing definitions, and is often used pejoratively. In scholarly use, the term is often left undefined or used to describe a multitude of phenomena. However, it is primarily employed to delineate the societal transformation resulting from market-based reforms.
William Ernest McKibben is an American environmentalist, author, and journalist who has written extensively on the impact of global warming. He is the Schumann Distinguished Scholar at Middlebury College and leader of the climate campaign group 350.org. He has authored a dozen books about the environment, including his first, The End of Nature (1989), about climate change, and Falter: Has the Human Game Begun to Play Itself Out? (2019), about the state of the environmental challenges facing humanity and future prospects.
Robert Waterman McChesney is an American professor notable in the history and political economy of communications, and the role media play in democratic and capitalist societies. He is the Gutgsell Endowed Professor in the Department of Communication at the University of Illinois at Urbana–Champaign. He co-founded the Free Press, a national media reform organization. In 2002–12, he hosted Media Matters, a weekly radio program every Sunday afternoon on WILL (AM), Illinois Public Media radio.
James Gustave (Gus) Speth is an American environmental lawyer and advocate who co-founded the Natural Resources Defense Council.
The politics of climate change results from different perspectives on how to respond to climate change. Global warming is driven largely by the emissions of greenhouse gases due to human economic activity, especially the burning of fossil fuels, certain industries like cement and steel production, and land use for agriculture and forestry. Since the Industrial Revolution, fossil fuels have provided the main source of energy for economic and technological development. The centrality of fossil fuels and other carbon-intensive industries has resulted in much resistance to climate friendly policy, despite widespread scientific consensus that such policy is necessary.
John Bellamy Foster is an American professor of sociology at the University of Oregon and editor of the Monthly Review. He writes about political economy of capitalism and economic crisis, ecology and ecological crisis, and Marxist theory. He has given numerous interviews, talks, and invited lectures, as well as written invited commentary, articles, and books on the subject.
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of resources. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone.
Rajeev "Raj" Patel is a British academic, journalist, activist and writer who has lived and worked in Zimbabwe, South Africa, and the United States for extended periods. He has been referred to as "the rock star of social justice writing."
Climate crisis is a term that is used to describe global warming and climate change, and their effects. This term and the term climate emergency have been used to describe the threat of global warming to humanity and Earth, and to urge aggressive climate change mitigation and transformational adaptation.
Social democracy is a political, social, and economic philosophy within socialism that supports political and economic democracy and a gradualist, reformist and democratic approach towards achieving socialism. In practice, social democracy has taken the form of socially managed welfare capitalism, and emphasizes economic interventionism, partial public ownership, a robust welfare state, policies promoting social equality, and a more equitable distribution of income.
Colin Hay is Professor of Political Sciences at Sciences Po, Paris and Affiliate Professor of Political Analysis at the University of Sheffield, joint editor-in-chief of the journal Comparative European Politics. and Managing Editor of the journal New Political Economy.
Ernesto Screpanti is a professor of Political Economy who worked in various universities, like Trento, Florence, Trieste, Parma, New York, Rio de Janeiro, Siena. He did research in the “rethinking Marxism” scientific programme, in the attempt to update Marxist analysis by bringing it in line with the reality of contemporary capitalism, on the one hand, and to liberate Marxism from any residue of Hegelian metaphysics, Kantian ethics and economic determinism, on the other.
Lulism is a political ideology describing the 2006 consolidation of segments of Brazilian society previously hostile to social movements and the Workers' Party behind political forces led by President Luiz Inácio Lula da Silva, appealed by a controlled reformism and limited structural change focused on the poorest sections of society. The lower classes, who had distanced themselves from Lula, accepted his candidacy after his first term as President as the middle class turned from him. The rhetoric and praxis which united the maintenance of stability and state distributism are the origins of Lulism. While advocating socialism, Lulism aims for a 'social liberal' approach that gradually resolves the gap between the rich and the poor in a market-oriented way.
Christian Fuchs is an Austrian social scientist. From 2013 until 2022 he was Professor of Social Media and Professor of Media, Communication & Society at the University of Westminster, where he also was the Director of the Communication and Media Research Institute (CAMRI). Since 2022, he is Professor of Media Systems and Media Organisation at Paderborn University in Germany. He also known for being the editor of the open access journal tripleC: Communications, Capitalism & Critique. The journal's website offers a wide range of critical studies within the debate of capitalism and communication. This academic open access journal publishes new articles, special issues, calls for papers, reviews, reflections, information on conferences and events, and other journal specific information. Fuchs is also the co-founder of the ICTs and Society-network which is a worldwide interdisciplinary network of researchers who study how society and digital media interact. He is the editor of the Open Access Book Series "Critical, Digital and Social Media Studies" published by the open access university publishing house University of Westminster Press that he helped establish in 2015.
Nick Dyer-Witheford is an author, and associate professor at the University of Western Ontario in the Faculty of Information and Media Studies. His area of study primarily focuses on the rise of technology and the internet, as well as their continuous impact on modern society. He has written six books, along with seventeen other publications.
The Great Reset Initiative is an economic recovery plan drawn up by the World Economic Forum (WEF) in response to the COVID-19 pandemic. The project was launched in June 2020, and a video featuring the then-Prince of Wales Charles was released to mark its launch. The initiative's stated aim is to facilitate rebuilding from the global COVID-19 crisis in a way that prioritizes sustainable development.
Genevieve Juliette Guenther is an American author and climate change activist. A former Renaissance scholar, she is the founding director of the media watchdog organization End Climate Silence. She is currently affiliate faculty at the Tishman Environment and Design Center at The New School.
