• AnonTwo@kbin.social
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    1 year ago

    You don’t need to end capitalism to help the climate.

    Just properly regulate it. It’s a tool just like every other economic system, and shouldn’t be hoisted to a higher pedestal. Every system that fails fails because regulation falls off the wayside and leads into corruption. Capitalism’s only strength is it took longer to get there because all the power was spread out for awhile.

    • BloodForTheBloodGod@lemmy.ca
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      1 year ago

      That’s a pretty shallow take on historic economics.

      Capitalism had a role to serve as the transition out of feudal economics.

      Now it’s time to do better.

      • AnonTwo@kbin.social
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        1 year ago

        Better as in what though?

        We’ve used every economic system by itself, and the only really successful version is a combination of them with proper regulation. What else do you do?

        • TotallynotJessica@lemmy.world
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          1 year ago

          We’ve used every economic system by itself

          Because a few hundred years with constantly changing technology is an exhaustive test of every possible version of organizing society. Pack up folks, it’s all been tried and only one thing works or will ever work.

        • blackbelt352@lemmy.world
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          1 year ago

          Well there was a guy with a funny beard who wrote about what happens when capitalism produces more goods and services than could ever be reasonably consumed by the populace of the world. He wrote about how there were basically 2 coutcomes. Either the the rising supply just keeps pushing prices down until the only issue comes down to a logistics and distribution problem and money functionally becomes pointless and state power doesnt have any heirarchy to enforce. Or the people with money and power enforce artificial scarcity, through tactics like letting crops die in the fields, or only release so many diamonds into the market and promiting it as a good thing, to protect their wealth and power.

    • Steeve@lemmy.ca
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      1 year ago

      regulation falls off the wayside and leads into corruption

      And vice versa! Corruption leads to lack of regulation. It’s a shit circular dance that I feel like we’re doomed to repeat regardless of the economic system we pick.

    • Rozaŭtuno@lemmy.blahaj.zone
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      1 year ago

      You don’t need to end capitalism to help the climate. Just properly regulate it.

      Except that politicians (i.e. those that would be doing the regulating) all have a price, and for oil barons no price is too high; and bribing is still magnitudes cheaper than stopping the destruction of the environment.

      It’s a tool just like every other economic system, and shouldn’t be hoisted to a higher pedestal.

      If it’s not objectively better nor special, why not try something more equitable that doesn’t siphon 99% of all resources to the aristocracy elite and leaves everyone else fighting for the crumbs?

      Why keep using a system that prescribes that the hungry should starve if they can’t afford food even though we already produce more than enough to feed the whole planet?