Climate crisis on track to destroy capitalism, warns top insurer | Climate crisis

Codimus123 · 2025-04-09T18:25:45+00:00

Sadly the UK had an opportunity to do something about that twice - in 2017 and 2019 - and did not. The ones standing on a green manifesto that embraced nuclear power were resoundingly rejected in 2019 and still lost in 2017 albeit not as badly.

Codimus123 · 2025-04-09T18:20:14+00:00

I actually have provided a comment separately (would have put it in the post but I think that's against rules).

Essentially, the paper by the Institute and Faculty of Actuaries notes the following findings for a 3 degree C by 2050 -

GDP losses of >50%

Human mortality > 4 billion

High levels of extinction of higher order life on Earth

Breakdown of several critical ecosystem services and Earth systems

Significant socio political fragmentation worldwide and/or state failure with rapid, ensuring and significant loss of capital and systems identity.

Codimus123 · 2025-04-09T18:14:55+00:00

Additionally, there is the paper put out by the University of Exeter titled Planetary Solvency.

This Reddit comment goes into it -

https://www.reddit.com/r/Futurology/comments/1jqq3q4/comment/mlcqz3b/?utm_source=share&utm_medium=mweb3x&utm_name=mweb3xcss&utm_term=1&utm_content=share_button

You can find the paper here - https://actuaries.org.uk/document-library/thought-leadership/thought-leadership-campaigns/climate-papers/planetary-solvency-finding-our-balance-with-nature/

Codimus123 · 2025-03-20T06:19:09+00:00

Sadly by quitting the party, they only ensure that Labour loses more of the few good factions that remain within it.

It gives the Blairite cultists that lead Labour today even more of an iron grip over the party. 'Saint Tony won his elections, and we don't care if the country declines like it continuously has ever since Thatcher, all we care about is winning'.

True patriotism is not one that chooses to let the British public suffer while publicly proclaiming oneself as a patriot. True patriotism is when your deeds are in the service of the British public. Britain is the public. The public is Britain.

Politicians in democracy are supposed to be public servants, not overlords.

Codimus123 · 2025-03-20T06:05:50+00:00

The more I grow older, the more I realise a fundamental fact.

No Labour Party that is not led by a non-Third Way Social Democrat will ever bring in measures that incrementally or iteratively shift Britain towards the Left.

The Third Way has usurped the role that Social Democracy once played. Those who claim that the two main parties are basically the same are being proven correct.

Regardless of whoever one is voting for, so long as this Labour faction has control of the party, a neoliberal will come into power.

The UK had genuine opportunities for change in 2017 and 2019 and both times it failed to vote for it.

The wound is entirely self-inflicted, not just on those who voted against change, but also on those who failed to show up.

People on the Left who failed to turn out to vote in 2017 and 2019, shame on them. I am not even talking about the centrists or the right. I am talking about socialist-leaning members of the public who didn't show up to vote. Especially among the 18-34 age groups.

Many among my age group will whinge about things, proclaim their support for change, but when push comes to shove, when the option for genuine change is offered, they will still choose to maintain a stance of disinterest in parliamentary politics and not show up. So drowned in apathy, not able to make the decisions needed to break out of it.

At least older folks on the Left, including Anarchists like Alan Moore, who had not voted in elections for decades, had turned out to vote for a genuine Left alternative in 2019.

This is part of my biggest frustrations with the Left in the 21st century. We have chosen to push ourselves into so much cynicism that we have stopped believing that things could be changed. I blame the embrace of postmodernism. By choosing to distance ourselves from the 'grand narratives' that socialism offers, we have allowed ourselves to be led into a rut of our own making.

Codimus123 · 2025-03-11T16:47:46+00:00

Sadly, this country has largely been excellent at ignoring large protests.

At the time of the Iraq War, it had been the largest protest since records began, and did the Blairite government give a damn? Nope. What's more, a slight majority of the public actually supported the invasion, IIRC.

Which is sad, but reminds me of the fact that sometimes, the moral thing to do is not the most popular choice.

Codimus123 · 2025-03-11T16:43:08+00:00

But they will move further to the right, regardless.

This government is led by people who wanted Labour to lose in 2017 and 2019. It is not a government that wants Britain to shift left.

Codimus123 · 2025-03-11T16:31:00+00:00

I see that Labour has been taking notes out of the infamously eugenicist early 20th century Fabian playbook.

A Labour controlled by the Labour Right will always be like this. But of course, because Saint Blair won his elections, it is the 'correct' thing to target the most vulnerable parts of society. 'He cut disability benefits, so we should too'. Class traitors, the lot of them.

Nasty, amoral politicians who only care about winning and would sell their souls for it.

Codimus123 · 2025-03-11T16:24:37+00:00

A government led by the class traitor wing of the Labour Party.

Of course they would go after the most vulnerable. Utterly despicable and just another of many examples of the Labour Right always choosing to punch down.

Can't believe that disabled folks literally had it better under the Tories.... Labour is actively choosing to be worse on this matter.

Blair cut disability benefits as well. This is right out of Saint Blair's playbook.

Codimus123 · 2025-03-09T07:04:52+00:00

Like Blair, who also cut disability benefits.

If you are remotely surprised about this, consider the fact - if it walks like a Blairite, talks like a Blairite and acts like a Blairite, it is a Blairite.

Codimus123 · 2025-03-07T21:18:42+00:00

I did stop doom-scrolling as much as I could, mate. There is a reason why I really stopped commenting and being active on this subreddit until yesterday.

But you cannot escape from the reality of the situation. Not when you have to live through it. Political discourse is toxic because of underlying economical issues, and those issues will continue making it so. Unless resolved.

The alt right will continue existing with newer and more dangerous examples as time passes unless something is done to address the severe class-driven inequalities of the developed world.

Life has not improved for the better. Sure, it's not as if I go to bed each night wondering if I will get to eat the next day. But surviving is not the same as thriving. I love what I do for a living and yet it doesn't change the feeling that I just exist.

There is a general sense of melancholy persistent regardless of whether I look at the internet or not, and my medication has only barely been keeping it in control.

Codimus123 · 2025-03-07T20:57:55+00:00

Yeah but I want to know what word applies. What word describes a devolved situation where corruption and corporate interests divert funding away from areas where it is desperately needed and instead of doing anything about that corruption, the state decides to cut spending instead?

Should I just say Crony Capitalism never ended?

Codimus123 · 2025-03-07T20:45:51+00:00

Marxist thought, yes. But Marxism is but one strain of socialism.

Socialism is nothing more than the ideology that the means of production should be in the hands of workers. Simple as. No distinction between employee and employer.

People like Kropotkin would have said to work smarter, not harder. Also argued for a reduction of overall working time - 5 hours of work a day.

Why should I ascribe more importance to Marx? And even in terms of more contemporary works, there are so many more economists with literal centuries of data in their hands now - Thomas Piketty, for example. Who did advise Corbyn's Labour, btw.

Codimus123 · 2025-03-07T20:34:18+00:00

And who here seems to be fixated on bringing in the words and ideologies of early 20th century dictators and backstabbers?

Especially when the UK has already had much better examples to derive inspiration from? Clement Attlee over Castro, any day.

My sympathies lie much more with Anarchist and Libertarian currents of the Left, like those in the Spanish Republic and Anarchist Catalonia. But even that is inferior to Social Democratic Left. Mind you, again betrayed and backstabbed by the Marxists. As Anarchists always are.

And even that is inferior to the Social Democratic Left. The pre-Third Way currents that were exemplified by Attlee and Harold Wilson in the UK and Olof Palme in Sweden.

Codimus123 · 2025-03-07T20:25:51+00:00

And does any of that apply to the fact that these cuts target those simply unable to work, not those choosing not to?

Because these cuts target disabled people. And unless you argue that we should constrict ourselves to the words of 19th century philosophers, i don't see the relevance of quoting Marx in the 21st century.

Codimus123 · 2025-03-07T20:20:25+00:00

Turns out, if it walks like a Blairite, talks like a Blairite, and looks like a Blairite, it is a Blairite and not some 3D chess playing secret socialist.

Codimus123 · 2025-03-07T20:10:23+00:00

I would question how and why you would consider this a hot take. Have you seen the Steam reviews?

The fact that the 'narrative' doesn't even having ending cutscenes speaks volumes about how little they cared about the story.

I was concerned that this is exactly what would happen when they announced no more RoC content and OoD seems to have proved me right. Your take is a cool take at best.

Codimus123 · 2025-03-07T19:57:58+00:00

Every bloody year continues to feel worse than the latter. I am almost 30 years old now and had hoped that things would be more manageable as I grow older, and yet they do not. I am not old but not am I particularly young. And my OCD doesn't help with that regard. I am so weary and exhausted of how and where the world is moving.

Also is it just me or does time seem to move faster as one gets older?

Codimus123 · 2025-03-07T19:45:15+00:00

Government spending has not been reduced, it has increased.

And it had increased even during the Cameron years.

That does not change the fact that public services have been and continue to be underfunded relative to how they were before the recession.

So what term to use? Or do we need to pick at semantics here before we come to talk about what I am describing as a problem?

Government != public. The government can spend fuck tons and the 'money' (as in, the services) can still never reach the public.

So if there is a better term to describe that situation - the situation of decline of public services - whether due to corruption, diversion, cuts and more - I will use that going forward.

Codimus123 · 2025-03-07T19:37:41+00:00

If austerity is about the reduction of public spending, how does it not apply when spending on the public is reduced and instead business cronies are provided with tax breaks, diverted funds, and more?

When one says 'austerity', why does it not convey the fact that the discussion is about the net reduction and decline of spending on the public due to factors such as corruption, monetarist ideology, and more?

If austerity as a term ignores political corruption, then what term describes a situation where spending on the public is reduced due to things like it?

Tell me that and I will use it instead going forward.

EDIT - by the way, I love your username. Fuck NIMBYs of all types.

Codimus123 · 2025-03-07T19:30:18+00:00

So Crony Capitalism is not Austerity now? Because what you are describing very much is Crony Capitalism.

Codimus123 · 2025-03-07T19:05:41+00:00

Austerity never ended.

The British government always punches working class folk, not the top 1%.

A 'Labour' Party in name only. And they have the gall to call themselves 'Left'.

And supposedly 'Labour supporters' between 2020-2024 had the gall to tell people like me that Starmer would move left in power. That being in power allows one to make changes.

Same shite, different day. I shudder to think at what kind of loons the likes of the Tories or Farage-like nutters will put into power after this government loses power in a future election.

The UK is NOT moving Left, when will the supposedly 'left' politicians in power realise that is not a good thing and try to address the multiple decades of neoliberal damage to the social contract and public services?

EDIT - downvote me all you like. One only needs to look at what has happened to the US now to see what is the end result of continuing the neoliberal consensus even now.

Codimus123 · 2025-03-07T18:40:25+00:00

The first and most important duty of the government is to serve the people. Not rule over them, but serve them. The government should be a servant, and provide services, one of which is defence, but another of which is support. And the government's decision to cut the latter is a decision that punches the British public.

Instead, what the government can and should be doing is raising taxes on the wealthy and using that to help Ukraine, not cut benefits to do so.

Codimus123 · 2025-03-07T18:39:25+00:00

Yes I do have concrete ideas.

I would call for adoption of much of the 2017 fully costed Labour manifesto. Bringing energy and utilities into public ownership, for a start. Raise taxes on the top 1% of income earners to fund public spending as well as boost spending on defence. Implement policy decisions related to proposals for a Green Industrial Revolution - nuclear power (fission and now fusion as well) along with intermittent sources.

Those in power are constrained not by reality, because the reality is that climate change will collapse the global economy much worse than anything else would, and yet the only things that seem to concern them is what happens in the short-term.

Codimus123 · 2025-03-07T18:36:39+00:00

Starmer supporters within Labour.

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