Climate conference failures demonstrate capital’s power over democratic governance

Evidence

After the failure of world “leaders” at Copenhagen, Cancun and other climate conferences (with millions consigned to starvation and displacement due to climate change so as to spare the global economy any pain) and the massive transfer of wealth and power leveraged by capital in the wake of the recent financial crisis we can hardly avoid the conclusion that we are amidst a moment of terrifying corporate power and in the grips of a fundamentally perverse paradigm of value. — Max Haiven, Cultures of Financialization, 340

Categorization

  • XREF: Copenhagen/Cancun failures as evidence of finance’s grip on politics connects to deWaard’s financialization-of-culture thesis and to political economy critiques. — connects to: Neoliberalism means capital seizes biopolitical governance from the state — Max Haiven, Cultures of Financialization, 263; Continual climate summits prove words are failing to produce action — Naomi Klein, Doppelganger: A Trip into the Mirror…, 501; The neoliberal state hollowed out parties to escape mass democracy’s brake on capital (+1 more)

Broader Connections