Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-11-16-Speech-3-155-000"

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"Mr President, in 1949 in an article entitled ‘Why Socialism?’ Albert Einstein wrote: ‘We shall require a substantially new manner of thinking if Mankind is to survive’. The relevance of that idea today hits home when you look at the dire consequences of climate change and the threat to the future of our planet and humanity that it poses. Then you look at the response of the capitalist establishment and the political leaders around the world and you have no new thinking, no sense of urgency. The world’s 21 developed economies and the European Commission publicly announced pledges of USD 28 billion in fast-track money after Copenhagen. Only USD 12 billion have so far been budgeted for, and as little as 30% has been delivered. If we are serious about tackling climate change, empty pledges are simply not good enough. We need a massive increase in internationally coordinated, patent-free, cooperative research and development into combating climate change. Fundamentally, we need a new way of thinking about how we run our society and our economic system. Capitalism is a system. It is built on wastage and short-term profit. A so-called green economy built on the same logic of profit and competition will not solve climate change. We need socialist transformation of society. We need the massive resources that exist on our planet to be democratically planned in the interests of the majority and to protect our environment."@en1
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