Climate change and our economic systems

Dec 21, 2019 Letters

DEAR EDITOR,

The annual average concentration of carbon dioxide (CO2), the most significant anthropogenic greenhouse gas, increased to 405 and 408 parts per million (ppm) in 2017 and 2018, respectively. The total concentration of all greenhouse gases, including cooling aerosols, reached a value of 454 ppm in CO2 equivalents in 2019 — an increase of more than 4 ppm compared with 2016, and 37 ppm more than 10 years ago.
The concentration of carbon dioxide in the atmosphere before 1960 was less 300 parts million. Now it is over 400 part per million (National Oceanic and Atmospheric Administration). This is a concentration not seen since at least 3 million years ago – long before human existed. This environment degradation was produced by communism, capitalism and socialism.
The scientific evidence suggests that if this continues, it will make the earth uninhabitable to human in about 100 years. The earth has had five mass extinction event all linked to climate change whether cause by asteroids or natural phenomenon.
This situation was created by the philosophy of profit (maintain the system) over people. This is common in socialist, communist and capitalist economic models.
We cannot stop the global economic system because about 80% of the world’s population depends directly on it. Before the industrial revolution of the 17th century the situation was reverse. We cannot continue with any present economic model; we can only tame the capitalist version with government regulation and the socialist with more individual rights.
The new economic system will have to insure that all human can live without struggle for material survival which breeds crime and disorder. The socialist myopia is to think that government official will not become the 1% that oppresses the people especially the poor. Private property is important but not owned by only the few. All present economic system creates a Pareto distribution where 80% of the wealth is owned or controlled by 20% of the population. This is not by talent alone. Whether it’s Huawei (Chinese technology company) or Google (US technology company) government support made them successful by diverting resources from the many to give to the few. An economic system must be kind which come from the word kin (relative) – treat everyone as a blood relative. It is never just to let children go hungry or to let talented people not develop because they’re not connected.

Yours truly,
Brian Ellis Plummer

Discover more from Kaieteur News

Subscribe to get the latest posts sent to your email.

Latest News