Book Review Essay: The Environmental Crisis and Its Capitalist Roots: Reading Naomi Klein with Karl Polanyi*—Naomi Klein: This Changes Everything: Capitalism vs. the Climate

An essay is presented on the relationship between climate change and capitalism, offering a reading of the argument in "This Changes Everything: Capitalism vs. the Climate" by Naomi Klein through the lens of the analysis in "The Great Transformation" by Karl Polanyi. The author suggests that Klein's argument is not clear on whether capitalism in any form or only the current, neoliberal version of capitalism is incompatible with effective action to address the problem of climate change. Topics include environmental externalities and policies addressing them, the environmental record of corporations, and the theory of the self-regulating market.