Heterodox
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As world leaders descended on Glasgow to agree on a plan to curb climate pollution, most of the obstacles to inking a deal centered on who pays for what. Not being discussed is the underlying financial framework of capitalism which has played an outsized role in getting us into this mess. Because capitalism focuses nearly exclusively on maximizing profits, the exploitation of both human and natural resources has never been part of the balance sheet. Dr Carolina Alves studies and teaches heterodox economics at Cambridge University. Carolina is part of a new wave of economists bringing rigour and curiosity to answering fundamental questions about how markets operate and where reform is needed. In a discipline dominated by white men from the global north, Carolina's fight to make economics more equitable, representative and focused on social good comes not a moment too soon.
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