Status Updates From La naturaleza es un campo d...

...catastrophism is mistaken. Capitalism will not die a natural death, for 1 simple reason: it has the means to adapt to the environmental crisis. It is about to show its stunning resilience once again... In truth, capitalism is not only capable of adapting to the environmental crisis, but-on top of that-of profiting from it. Indeed, there is no guarantee that the ecological crisis will aggravate the economic crisis.

War has long made use of forests. Wood provided material for making primitive weapons. [Even after metal weapons appeared] wagons transporting soldiers and material, as well as boats and fortifications, were also made of wood.
[Really!?! This is how he connects nature and war? That nature provides the raw materials and that wars happen in nature? I think he's stretching it too far.]

Industrial development - capitalism - is at the origin of environmental crisis and inequalities... Financialization... protects investment from the consequences of climate change... and simultaneously provides opportunities for profits... Financialization is thus one of capitalism's first reactions faced with the ecological crisis.

Capitalism exploits nature, which leads to ever greater costs for the state, which turns to the finance markets in order to be able to cope... Because of global warming, pathogenic agents are appearing in regions that had previously been free of them. With rising temperatures, a growing part of US territory risks becoming exposed to malaria... further deepening the fiscal crisis of the state.

The financial crisis drives states increasingly to financialize the insurance for climate risks... So what does capitalism do? It transfers the growing cost of reproducing the conditions of production to the state. This is the system's very logic: socialization of costs, privatization of profits... For this reason, there is a structural deficit in the public finances.