So I assume your solution is that we go back to the woods? Or everyone just become subsistence farmers?
The lines that investors see go up and down are prices, detached from physical reality. The economy is a real thing that outputs goods and services that all of us use every day. How could we not be worried about it? We want to change the economy, decarbonise it, but we don’t want to get rid of it.
If you must know my main issue is the intense need for infinite growth and incentivizing things like planned obsolescence in the name of short term gain.
The concept of an economy is not what I’m railing against but rather the late stage capitalism that pervades most of the developed world.
Okay, I understand that. I’m also worried that the wrong corporations are going to profit from it, as they’re currently doing. The “right corporations” however could play a big role in speeding up the changes we need so urgently. If that’s going to happen is a question of incentives. And incentives are created by regulating markets so that they optimise for the benefit of society. Of course I don’t see many politicians out there who get that or are eager to regulate markets whatsoever…
This is basically us on the verge of world altering environmental collapse while worrying about the economy.
Corporations for profiteer just fine don’t you worry.
We should be taking the planet into consideration, but clearly the most important thing is the shareholders
(/s if it wasn’t obvious)
Nah. We only have next quarter problems. This quarter is all that matters.
So how is humanity gonna solve multiple global crises without an economy?
Don’t sweat it dude the economy isn’t going anywhere, you won, the planets gonna die but investors can keep the line going up.
So I assume your solution is that we go back to the woods? Or everyone just become subsistence farmers?
The lines that investors see go up and down are prices, detached from physical reality. The economy is a real thing that outputs goods and services that all of us use every day. How could we not be worried about it? We want to change the economy, decarbonise it, but we don’t want to get rid of it.
If you must know my main issue is the intense need for infinite growth and incentivizing things like planned obsolescence in the name of short term gain.
The concept of an economy is not what I’m railing against but rather the late stage capitalism that pervades most of the developed world.
Okay, I understand that. I’m also worried that the wrong corporations are going to profit from it, as they’re currently doing. The “right corporations” however could play a big role in speeding up the changes we need so urgently. If that’s going to happen is a question of incentives. And incentives are created by regulating markets so that they optimise for the benefit of society. Of course I don’t see many politicians out there who get that or are eager to regulate markets whatsoever…