To Save the Climate, We Have to Reimagine Capitalism
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Provided by: TED|Published on: April 27, 2021
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Scientist Reviewed This resource has been reviewed by SubjectToClimate's climate scientists and verified for scientific accuracy and up-to-date information. Learn about our review process →
Synopsis
- In this video, economist Rebecca Henderson outlines how capitalism must change to solve the climate crisis.
- Students will learn that energy prices do not reflect health and environmental costs.
- Henderson calls on businesses to fix capitalism. She illustrates this point with an example of a garbage company that successfully improved its environmental impact, fought corruption, and helped influence positive change in the waste management sector.
Subjects: Economics, Civics
Authors: Rebecca Henderson
Region: Global
Languages: English
Teaching Materials
Positives
- This video is compelling and optimistic about solving climate change.
- Rebecca Henderson simplifies complex economic concepts into easier-to-understand terms.
Additional Prerequisites
- There is a short ad at the end of the video.
- The transcript of the video is available in 16 languages.
Differentiation
- Economics classes could use this video when learning about capitalism, free-market economies, the cost of goods, and government regulation.
- In a civics course, students could discuss the role they think the government should take in reshaping capitalism to reflect true costs.
- For a comprehensive look at how climate and economics interact, check out this course by ClimateScience.
There is not much science in this video resource to verify. However, Rebecca Henderson makes a compelling argument on how free and fair capitalism could be an important factor in fighting climate change. This resource is recommended for teaching.
Teaching Tips
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Resource Type and Format
Scientist Reviewed
This resource has been reviewed by SubjectToClimate's climate scientists and verified for scientific accuracy and up-to-date information. Our review process ensures that every resource in our library reflects the current state of climate science.
Learn about our review process →
