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…
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…