Instead of reactively coping with inevitable financial crisis, central banks should coordinate and initiate an intentional ‘creative disruption’ that reorients the economy toward equitable sustainability. To this end, they offer a monetary policy toolbox for climate justice. tinyurl.com/3js6x9bw - ThreadSky

kimanh.bsky.social • 9 days ago

Instead of reactively coping with inevitable financial crisis, central banks should coordinate and initiate an intentional ‘creative disruption’ that reorients the economy toward equitable sustainability. To this end, they offer a monetary policy toolbox for climate justice. https://tinyurl.com/3js6x9bw

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kimanh.bsky.social•9 days ago

Lastly, @joelecorreia.bsky.social links up financial restitution with epistemic justice. He evaluates loss and damage (L&D) through study of 12 Indigenous land restitution cases in Latin America. Not only do restitution and reparations fail to establish commensurability between harms and payments…

kimanh.bsky.social•9 days ago

…but they also fail to “stem future problems because climate breakdown is not averted.” Thus, the exploitative processes that made reparations necessary in the first place remain unchallenged. https://tinyurl.com/58t373m9

kimanh.bsky.social•9 days ago

Instead, Correia proposes an ‘otherwise’ approach to climate justice in which L&D is reframed “as a transformative, relational process based on Indigenous priorities and worldviews…rather than resorting to liberal notions of commensurability.” https://tinyurl.com/58t373m9

kimanh.bsky.social•9 days ago

The premise of liberal conceptions of justice is that to know justice is to know peace. Yet, for those seeking redress for climate harms, there is little evidence to substantiate this position. My co-editor Kevon Rhiney and I offer 3 key takeaways from the special issue. https://tinyurl.com/2ju5k82x

kimanh.bsky.social•9 days ago

#1 Climate justice may become an empty signifier
By ignoring the liberal roots of justice theory, calls for transformative change will keep falling short bc of the contradictions between the radically diff't lifeworlds that are imagined & the way existing mainstream liberal systems are meant to work

kimanh.bsky.social•9 days ago

#2 Context matters
Climate impacts are shaped by local dynamics of social differentiation & uneven dev’t. Liberal climate justice theory can’t fit such context bc it relies on idealized notions of individuals, states & markets. Transformative CJ must recognize and value other knowledges & practices.

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