So, this sounds like an area of “revolutionary wealth creation,” right?

As much as I loved “An Inconvenient Truth” I thought this was the weakest part of the film.. Gore talked about it generally, but didn’t give examples of it.

A few questions:

Can capitalism solve the ecological crisis? (What if ExxonMobil became a renewable energy firm… or if a competitor did)?

How transformative is the example in “The Ascent of Wind Power” if it’s simply an Indian or Chinese multinational private firm that’s breaking into these new markets?

Which then brings me to a third question — and maybe this is for a new article not just a post — but I understand that China is doing a great job at attracting FDI and now encouraging Chinese entrepreneurs to compete globally… and improving standard of living, etc. But is this transformative? Or is this simply creating a Chinese enterpreneurial/capitalist class that can compete with other transnational capitalists?

What role does workplace democracy play? Where is the democratic control of investment?

I just spoke with an American who recently came back from China. He asked everyone the question: “Socialism with Chinese Characteristics” or “Capitalism with Chinese Characteristics?”

The response was always “Socialism” But when pressed for exactly what that meant, the best they could come up with was: “the Communist Party is in power.”

JR

P.S. Because this seems more like a “China post” I’ll post these comments on Schweickart’s China piece too.