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Vatana ve millete hayırlı olsun. Sosyal medyadan kurtulun arkadaşlar. Üretkenliğiniz artıyor. Şöyle başladık.

Debt-Tax-Climate Leviathan: Reconsidering Sustainability in the Age of Global Existential Crisis

 

1. Introduction

In no other period of history, political and economic institutions have, in the face of an irreversible collapse of nature, been so helpless. Two other stability-threatening problems are the growing global non-financial private debt overhang and growing income inequality within and between nations. Humanity is rapidly approaching what the Greeks called chaos. Chaos is one possible consequence of the agonistic conflict between nomos (institutions) and physis (nature). Cosmos (order) is the other. If physis wins, chaos comes; but if nomos wins, cosmos results. With its institutions under the influence of irrational forces and tendencies, the main issue facing humanity today is to create a new cosmos as the chaos threatens its existence.

In a recent paper, we proposed globally coordinated debt and tax authorities for an orderly deleveraging of the global non-financial private debt as a step toward bringing back cosmos against chaos (Öncü and Öncü 2019). And in a recent book, Wainwright and Mann (2018) made a similar proposal for globally coordinated climate authorities, a global sovereign, that they called Climate Leviathan. We combine their globally coordinated climate authorities with our globally coordinated debt and tax authorities, and now propose what we call Debt-Tax-Climate Leviathan. Indeed, our original proposal also contained a climate component. Like Wainwright and Mann, we also are anti-leviathan, but as Rosa Luxemburg once said, revolutionaries are the best reformists, and fighting for reforms is not a deviation from the revolutionary path.