Redirect the Resources of Oil Companies, Military Firms and Banks

Oil and military companies are two key actors both contributing to global warming. Together they have the scale of resources necessary for systemic transformation, writes Jonathan Michael Feldman, who works in the Department of Economic History and International Relations at Stockholm University. Photo: Pxhere.

Of: Jonathan Michael Feldman

Equitable global development requires that basic needs are met in communities safe from the worst effects of war global warming, pollution, poverty, and pandemics. Problems persist because we lack a systematic response - but we can gain that if oil and military firms causing problems are transformed into platforms for civilians, sustainable development through conversion and proactive investment campaigns aimed at universities and local investment actors, writes Jonathan Michael Feldman, who works in the Department of Economic History and International Relations at Stockholm University. 

June 30, 2022, English, Guest analysis