Wild World

Review: ‘The Price is Wrong: Why Capitalism Won’t Save The Planet’

Posted by in Book reviews, Development, Ecology, Political economy

This is a summary of an important new book by economic geographer Brett Christophers. One reviewer rightly described it as ‘a bomb’, blowing away everything he understood about current solutions to climate change. This is what economics should look like – taking a close look at a problem, providing a thorough explanation, ending with a convincing solution. In case you’re time-poor, here’s the key points up front. Everyone needs to understand these, because this looming failure to limit climate change will make all our lives much more difficult: Neoliberalism prioritised…read more

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2025: Corporate Theft is the New Normal

Posted by in Book reviews

Those giant market-dominating corporations saw during Covid that people will pay more for their essentials when the price is put up. Research confirmed that excess profits contributed more to price hikes than supply-chain disruption. Why bother with price competition? Lies and price-theft are the new normal. And the tech titans got Trump elected, so they know there will be no consequences for corporate theft. Take Microsoft, whose gross profit margin (net sales income less cost of production) was 69% in 2023, 68% in 2022 – but they just put my…read more

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