Orthodox Economics

I'm reading the book at the moment, and it's brilliant. I'd already been struck by the Utopian parallels between fascism and neoliberalism, but I confess I've only just started to get a grasp on contemporary Marxist economics this year, know little about Soviet history, and have never read any Marx. [Gasp!]

The book is also a very useful history of neoclassical economics, which I assumed was born more-or-less fully-formed in the late 19th century, but apparently many key components were still falling into place until well into the 20th century.

Also this:

It's hard to overstate Hardin’s impact on modern environmentalism. His views are taught across ecology, economics, political science and environmental studies. His essay remains an academic blockbuster, with almost 40,000 citations. It still gets republished in prominent environmental anthologies.

But here are some inconvenient truths: Hardin was a racist, eugenicist, nativist and Islamophobe. He is listed by the Southern Poverty Law Center as a known white nationalist. His writings and political activism helped inspire the anti-immigrant hatred spilling across America today.

And he promoted an idea he called “lifeboat ethics”: since global resources are finite, Hardin believed the rich should throw poor people overboard to keep their boat above water.

To create a just and vibrant climate future, we need to instead cast Hardin and his flawed metaphor overboard.

The ‘Tragedy of Commons’ thesis, and the ways in which it is accepted as ‘common sense’, has been wildly successful at obscuring what we are actually experiencing: a Tragedy of the Non-Commons. Non-common governance and inequalities are at the heart of the climate and ecological crises.