What Is Fossil Capital? And How Does It Fuel Social Injustice
What is fossil capital? The world we live in has been built around an economic system that prioritises never-ending growth over the welfare of people and the planet. This system plunders our planet’s resources while oppressing our most vulnerable. It perpetuates structural inequalities and deepens the climate crisis and fossil fuels are at its core and is known as “Fossil Capital”. A global week of action was organized by the Fight Inequality Alliance to highlight the growing gap between the rich and the poor. In the Philippines, national movements, people’s organizations, non-gover...