Humankind’s greatest crisis coincides with the rise of an ideology that makes it impossible to address. By the late 1980s, when it became clear that man-made climate change endangered the living planet and its people, the world was in the grip of an extreme political doctrine whose tenets forbid the kind of intervention required to arrest it.
Neoliberalism, also known as market fundamentalism or laissez-faire economics, purports to liberate the market from political interference. The state, it asserts, should do little but defend the realm, protect private property and remove barriers to business.
I have a feeling that I’m the only neo-liberal who actually interacts with George in any regular sense. And of course the Adam Smith Institute is one of his regular bugbears. Which does indeed make all of this most odd.
For I, and we, are the neoliberals who are saying, look, deal with climate change with a carbon tax.
You know, exactly as Lord Stern said we should?