ET2 – The End of Capitalism

Lecturer: Ulrike Herrmann
Fields: Economics/Politics

Content

Humankind is ruining the planet, and the climate crisis is especially threatening. Hence, politics and economics hope for “green growth”. But this is an illusion. Green energy from solar panels and wind turbines will be insufficient to support permanent growth. The economy must shrink. Yet, shrinking would be the end of capitalism, because it is only stable as long as there is growth. Economic journalist Ulrike Herrmann describes what the future looks like – without growth, profit, cars, airplanes, banks, insurance companies and almost without meat.

Lecturer

Ulrike Herrmann

Ulrike Herrmann is financial editor at the German newspaper „tageszeitung“ (taz). She is a trained bank clerk and completed an internship (Volontariat) at the Henri-Nannen-School of Journalism. Subsequently, she studied history and philosophy at Freie Universität Berlin. She is regular guest on radio and television and authored several bestsellers. Her latest book is titled “The End of Capitalism: Why Growth and Climate Protection Are Incompatible – and How We Will Live in the Future” (KiWi 2022).