The rich cannot be allowed to sit on their billions while the planet burns.
John Feffer is the author of the dystopian novel "Splinterlands" and the director of Foreign Policy In Focus at the Institute for Policy Studies. His novel, "Frostlands" is book two of his Splinterlands trilogy. Splinterlands book three "Songlands" was published in 2021. His podcast is available here.
Still, I’m sure you won’t be surprised to learn that there’s a catch. If you don’t sell a pile of products or sign up a ton of friends to do the same, the odds are that you’ll end up losing money, no matter how hard you work, especially if you take out loans to build your “business.” The central problem facing the planet is not just carbon emissions and climate change. They’re both, in their own fashion, symptoms of an even larger crisis of the overconsumption of resources, including energy.
But of course, there’s a catch. You have to sell a staggering number of exports to actually make money. Meanwhile, you have to repay those loans, while covering the compounding interest payments that accompany them. Soon you’re caught in a debt trap and falling ever further behind the wealthy countries of the north. The main winners? The corporations that flooded into your country in search of tax incentives, cheap labor, and lax manufacturing and mining regulations.
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