Germany is raising its climate targets. It changes its Climate Law by committing to a 65% reduction in emissions by 2030. The formal cause, a Constitutional Court ruling. The real cause: competition with the US. The important thing: each push of the Green Deal increases economic contradictions, weighs down production and imposes an increasingly dark horizon on living and working conditions. In the increased competition, the state centralizes and looks for new ways to turn broken private companies into state-owned enterprises. There is nothing progressive about this. We are not closer to socialism, but to a war economy.
Tag: green deal
Yesterday, the EU reached a provisional agreement on the European Climate Law. In case there were any doubts, the objectives are explicit: To provide predictability to investors and to ensure that the transformations generated by the Green Deal in industries and capital markets are irreversible. Moreover, in concrete terms, the European Climate Law represents an acceleration in the speed of change. No one is unaware of the reason behind the rush: U.S. and China at odds for virtually everything else, are about to turn the Biden summit into the staging of a two-way split of the capital markets they hope to revive.
The Green Deal claims to be a solution to unemployment. This is not true. The figures say the opposite: it is a solution for capital, the big energy and automobile companies, large landowners and even for small farmers. From the very first moment, however, it leaves a trail of layoffs, unemployment and loss of wage purchasing power.
Last Thursday was the closing ceremony of the two sessions 2021, the most important Chinese political event/ceremonial of the year. At its center lay the global crisis of capitalism. In its outlook was militarism, war and the green deal. The good news: Chinese strategists do not expect an armed confrontation with the US before 2027. The bad news: the burden on the Chinese working class has already begun.
The more contradictory the national interests within the EU, the more incentive Brussels has to try to counter them with more outward protectionism – which inevitably triggers its trade rivals – and new moves forward – such as vaccine centralization – that put the Commission and the interests it represents in a weaker position in the face of interference from those same rival states.
New protests of farmers and livestock breeders. Two new issues at the forefront: the consequences for the countryside of the Green Deal and the alleged colonial status of Spain’s southern regions.
When we read the business press, capital seems happy. According to Oxfam, the global bourgeoisie has already made up for its wealth losses. The Swiss bank has doubled its profits. And listed companies are heading for a dividend recovery.
The large snowfall has done more to stop the Covid massacre than the intentionally limited measures of the regions and the government. However, the council of ministers is sucking up as if a country paralized by a non-exceptionally dramatic snowfall for days was the most normal thing in the world. Under the ice lies the sad truth of Spanish capital normalizing the unacceptable.
While the government renounce stopping the third wave of Covid sells a law of euthanasia whose social context is really obscene, capital is centralizing, concentrating and assaulting our incomes, which are falling sharply. While the ideological noise covers the changes in the background, the unions “reserve” themselves. For what?
The big industrial companies have been relieved of paying their share and the electricity oligopoly gets some competitive advantage. Both are winners. Among those of us who will bear the cost in our household bills, the workers, especially precarious ones, and large families, will feel it more in our total budgets. Welcome to the first act of the Green Deal and what it is going to mean for us.
Biden’s “Green New Deal” is presented as the most important change that the new U.S. government will implement. Its consequences for workers will be enormous… and not good.
In many books, in educational institutions and in the media we are told that technology created the industrial revolution and other great social changes. But it is not true, it is not enough to suggest or invent new technologies to solve our needs, which are universal, it is necessary to change social relations. And that starts here and now, it is not a task for a hypothetical tomorrow.
Germany is getting ready toend off, via taxes, cheap meat. But this is only the tip of the iceberg. Under the “green deal” comes an accelerated transformation towards “bio” livestock and agriculture that, at least temporarily, would entail non-tariff barriers to imports from outside the EU and a way to attract capital to the countryside. A trend is beginning that will end the era of cheap meat.
Oil companies are starting to go bankrupt serially to the point of threatening to turn the fall in oil prices into a financial crisis. Meanwhile, Europe makes its “green bet” trying to win the competition for capital from the US. And the workers?
Can anyone still think that the “Ecological transition” and the “Green New Deal” they want to impose on us is a progressive “way out of the crisis”?
Capitalism is not going to be less destructive, but more so, by changing its technological base and painting itself green.