Capitalism and the path of carbon emissions

On “Capitalism has lifted people out of poverty”:


“In 2018, the World Bank estimated that the current path of carbon emissions would sharply diminish the living conditions of 800 million living throughout South Asia. One hundred million, they say, will be dragged into extreme poverty by climate change just over the next decade. Perhaps “back into” is more appropriate: many of the most vulnerable are those populations that have just extracted themselves from deprivation and subsistence living, through developing-world growth powered by industrialization and fossil fuel.”


Wallace-Wells, David. The Uninhabitable Earth (p. 118). Crown/Archetype. Kindle Edition.

Yep. Lifted so many, only to “push them right back in”!

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