The Role of Production and Governance Models in Climate Change Discourse

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Short Witten Assignment The primary theme emerging from this week’s readings is the role of production and governance models in climate change discourse. Diverse stakeholders have been making contrasting arguments about the influence of capitalism and socialism-inclined approaches on the ongoing issues of climate change. However, conflicting problems arise in the discussions as diverse economists and environmentalists have engaged in this discourse to explore the considerable evidence and determine the feasible models that offer a realistic way of addressing the unavoidable climate change challenges. Their involvement has led to progressive thinking and awareness that capitalism remains a desirable option for promoting environmental stability.             Tupy takes a comprehensive investigation of the perspectives of socialism and capitalism on development with a consideration of caring for the environment. The author uncovers that socialist economies are inefficient outfits that constantly compensate for this drawback by sacrificing the environment through concealed ignorance of its damages and related negative externalities. Ives’s argument that demonstrates the need for continuing to embrace globalization due to its positive impact on the environment extends support to this observation. These two authors perpetuate the concept that despite the controversies that capitalism increases the risk to the environment, it also holds the highest benefits and potential for addressing the unavoidable challenges amid human needs for development.             The support for capitalism as a preferential answer to environmental issues, including climate change, arises from diverse elements. For instance, Tupy notes that capital...