Capitalism and Climate Change - Theoretical Discussion, Historical Development and Policy Responses (Hardcover)

This book discusses climate change as a social issue by analysing its development in parallel with capitalism. By integrating political economy and environmental economics, it examines the incompatibility of the imperatives of capitalist development and the physical limits of the earth. The regulation approach is used to make an empirical analysis of the links between accumulation regimes, modes of consumption, energy regimes and climate change during the two most recent growth periods: Fordism and finance-driven capitalism. It also assesses the potential of the global governance network for dealing with climate change. It provides a critique of free-market environmental economics and special emphasis is given to international inequalities. The book concludes that real climate change mitigation is impossible within the framework of finance-driven capitalism. Far-reaching changes comparable to the postwar re-regulation of economy and society are required to avoid life threatening climate change.