Well, clearly capitalists would actively oppose the idea of the socialization of production if they ever thought about it, which is to say, if they thought it was a remotely credible threat. But it isn't, and they know it. Doesn't even cross most of their minds
November 10, 2025 at 5:52 PM
Well, clearly capitalists would actively oppose the idea of the socialization of production if they ever thought about it, which is to say, if they thought it was a remotely credible threat. But it isn't, and they know it. Doesn't even cross most of their minds
Err, that article is not about profitability. It is about stock market returns. And it was published in 2021, since when renewables stocks have universally tanked, while fossil-fuel stocks have soared..................
November 10, 2025 at 5:42 PM
Err, that article is not about profitability. It is about stock market returns. And it was published in 2021, since when renewables stocks have universally tanked, while fossil-fuel stocks have soared..................
Not sure what you mean exactly by "development", but owning and operating solar and wind assets is a low-return business; countless studies attest to this
November 10, 2025 at 4:48 PM
Not sure what you mean exactly by "development", but owning and operating solar and wind assets is a low-return business; countless studies attest to this
Well, renewables returns _are_ generally low (by any meaningful measure; and way lower than average returns on oil and gas production) -- are you saying all the evidence supporting this is flawed?
November 10, 2025 at 4:46 PM
Well, renewables returns _are_ generally low (by any meaningful measure; and way lower than average returns on oil and gas production) -- are you saying all the evidence supporting this is flawed?
So you are saying that capitalist firms think/worry more about entirely hypothetical political threats (a shift to public, collective decisions about the organization of production) than entirely real threats to expected profits? Really?
November 10, 2025 at 4:35 PM
So you are saying that capitalist firms think/worry more about entirely hypothetical political threats (a shift to public, collective decisions about the organization of production) than entirely real threats to expected profits? Really?
Reposted by Brett Christophers
Look, Exxon isn't stupid. Malevolent, sure, but not stupid. If they could make the type of money they could off of renewables they would jump, but they can't and they know it and we need to be honest about this.
November 6, 2025 at 4:10 PM
Look, Exxon isn't stupid. Malevolent, sure, but not stupid. If they could make the type of money they could off of renewables they would jump, but they can't and they know it and we need to be honest about this.
Reposted by Brett Christophers
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The Sunlight Managers
By deploying the language of objectivity while evading questions about the social relations that underlie the climate crisis, the science profession is granting legitimacy to a dangerous idea: solar g...
www.break-down.org
November 5, 2025 at 12:13 PM
You can read Sofia's essay here — a digital subscription is just over £1 a month and enables us to keep publishing these important stories
www.break-down.org/the-sunlight...
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Reposted by Brett Christophers
Oil profits happen by harming people elsewhere in the world via climate change. You're "democratising" the profit of that damage among those not damaged.
November 5, 2025 at 4:29 PM
Oil profits happen by harming people elsewhere in the world via climate change. You're "democratising" the profit of that damage among those not damaged.