To Save the Climate, We Have to Reimagine Capitalism
Provided by: TED|Published on: April 27, 2021
Grades: 6, 7, 8, 9, 10, 11, 12
Type: Videos
Subjects: Economics, Civics
Authors: Rebecca Henderson
Region: Global
Languages: English
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 →
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.
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
Standards
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 →
