I mean it’s entirely possible to live in a mostly capitalistic world and not have climate change. It just needs the right rules and regulations and taxes. Just imagine how the world would be if governments made the right decisions in the 1970s. We’d probably have no fossil fuels at all, electric cars were the norm and probably much more nuklear energy. Still capitalism but without climate change.
Capitalist capture of government institutions isn’t a bug of capitalism, it’s a feature. The ability to command vast amounts of productive resources enables capitalists to exert political influence.
Whatever clever policies we could come up with are irrelevant as long as those in power are the ones who stand to gain the most by resisting change.
There isn’t a way this works out in our favor. Even in countries with capitalism + social safety nets, we see that overtime the capitalists slowly erode public gains through privatization.
Rules and regulations are the opposite of free market capitalism. The only way to address climate change is to make society less capitalistic. The regulations required to fix climate change with capitalism would pretty much turn it into a different -ism.
And that’s without considering whether billionaires will even let that happen.
It’s already been figured out that unfettered capitalism does not work. Rules and regs are required, but it also requires a government beholden to people instead of big business to actually enforce said rules and regulations.
I mean it’s entirely possible to live in a mostly capitalistic world and not have climate change. It just needs the right rules and regulations and taxes. Just imagine how the world would be if governments made the right decisions in the 1970s. We’d probably have no fossil fuels at all, electric cars were the norm and probably much more nuklear energy. Still capitalism but without climate change.
Capitalist capture of government institutions isn’t a bug of capitalism, it’s a feature. The ability to command vast amounts of productive resources enables capitalists to exert political influence.
Whatever clever policies we could come up with are irrelevant as long as those in power are the ones who stand to gain the most by resisting change.
There isn’t a way this works out in our favor. Even in countries with capitalism + social safety nets, we see that overtime the capitalists slowly erode public gains through privatization.
That might work on paper, but not in reality.
Look, capitalism was also a great idea on paper, no doubt there… how things panned out, that’s an entirely different story.
Capitalism was good, and useful, as an improvement over Feudalism.
Now, it’s time to do better and move towards the next stage in our evolution. Socialism.
In theory yes, in reality no.
Rules and regulations are the opposite of free market capitalism. The only way to address climate change is to make society less capitalistic. The regulations required to fix climate change with capitalism would pretty much turn it into a different -ism.
And that’s without considering whether billionaires will even let that happen.
It’s already been figured out that unfettered capitalism does not work. Rules and regs are required, but it also requires a government beholden to people instead of big business to actually enforce said rules and regulations.
Very true. Capitalist governments are compromised, and unable to perform their stated duties.