Alessio Terzi
Alessio Terzi is an Adjunct Professor at Sciences Po and HEC Paris. He is an economist and the author of 'Growth for Good: Reshaping Capitalism to Save Humanity from Climate Catastrophe' (Harvard University Press 2022).
The power and limits of radical activism against climate change
Enrolling capitalism in the fight against climate change
Critiques of current capitalism are omnipresent, typically focussing on the fact that the system is leading to widening inequalities, lavish unnecessary consumption by the rich, and the destruction of the environment. In an effort to combinedly address the three problems, many are calling for outright bans on lavish polluting activities such as private aviation. A clear understanding of how decarbonisation will credibly play out in this sector also holds the key to our green future, and the type of fixes that capitalism requires for the era of climate change.