Environmental destruction is part of Liz Truss’s plan | George Monbiot | The Guardian

Source: Environmental destruction is part of Liz Truss’s plan | George Monbiot | The Guardian

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Fri 30 Sep 2022 02.00 EDT

The ecological destruction Liz Truss plans to unleash on this country is not collateral damage. It is not a byproduct of her economic programme. It’s a mark of true faith, a sign that she is following her ideology to the letter. For fundamental to this doctrine – neoliberalism – is the belief that everything on Earth can and should be turned into something else.

The founding father of neoliberalism is Friedrich Hayek. His frankly deranged tract The Constitution of Liberty enjoys almost biblical status among his disciples. Margaret Thatcher was perhaps the book’s most famous advocate, and Truss now carries the flame. It inveighs against the protection of the living world. Rather than seeking to protect the soil – the delicate ecosystem from which 99% of our calories are produced – Hayek says it makes sense to extract as much value as it can produce, exhaust it “once and for all”, then abandon the land. The role of soil is to create a “temporary contribution to our income”, which we can then invest in other moneymaking schemes. For “there is nothing in the preservation of natural resources as such which makes it a more desirable object of investment than man-made equipment”.

Our destiny, according to this belief system, is to turn nature into money. If you point out that the ecological collapse this causes will destroy every aspect of our lives, including our economy, neoliberals reply that resources are, in effect, infinite: minerals will continue to be found, ecosystems will renew themselves. This summer, as the drought that now threatens our rivers and water supplies began, John Redwood MP stated: “The water regulators and companies want us to use less water in the years ahead. Why? Water is the ultimate renewable resource, available in abundance on our planet. They should get on with putting in the capacity so we can use what we want.”

This mindset denies not only environmental crises, but material reality. If money – which is all they know – can be magicked into existence, why can’t everything else?