It seems that among the highest circles of capitalist finance, the ecological transition no longer garners the same level of support it once did. A growing faction among wealthy capitalists is challenging what they call the excessive rigidity of the measures needed to reduce polluting emissions. The idea now in vogue is that the green transition is taking place too fast, creating a risk that rising production costs will become unsustainable.
"However, the fundamental issue that must be decided is whether a green socialism is to be attained by incremental modification of capitalism and its state, or the taking of power by the working class. In truth, Rosa Luxemburg’s differences with Eduard Bernstein, on the matter of “Reform or Revolution” and the nature of the capitalist state are still very relevant in the development of an ecosocialist project."
