As the effects of the climate crisis are seen in global heatwaves and droughts, oil firms are booming.
As the world moves out of pandemic mode , we’re entering a new phase of global capitalism.
For big businesses and billionaires, the ‘omnicrisis’ presents a perfect opportunity for disaster capitalism: use the overwhelming sense that everything is on fire to plunder: wrack up prices while keeping wages down, extract, extract, extract, extract. But this isn’t the inevitable future. The faint echo of promises to ‘build back better’ may have disappeared, and, with politics in crisis, people are increasingly realizing that they are going to have to fight for that future.
In Britain, more and more unions are voting to strike against the plunder. As concern about the climate crisis grows, so will action against those driving it. Distrust of our broken politics has deepened, creating a deep volatility. A vast political fight over what comes next has arrived, just as the Labour Party has abandoned the field and, in the coming months, we can expect something else to rush into that space.This article is published under a Creative Commons Attribution-NonCommercial 3.0 licence.Adam Ramsay is openDemocracy's special correspondent. You can follow him at @adamramsay.
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