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> I think it is a really good idea to start accumulating capital, even at today’s valuations. This is an interesting take. The alternative to individually tryi
by ihm 7y ago
> I think it is a really good idea to start accumulating capital, even at today’s valuations.
This is an interesting take. The alternative to individually trying to each become capitalists, is grouping together and making sure we all have access to the proceeds of automation.
- influx 7y agoBecoming a capitalist has a long history of being successful. The other way not as much.
- toomuchtodo 7y agoA couple thousand years is a blink of an eye for a species.
- neffy 7y agoBecoming a capitalist is the long history of learning to group together and work on common goals. The other way just doesn't scale.
- kingkawn 7y agoGonna run out that clock when there’s no more natural world to exploit ruthlessly
- adventured 7y agoThat will never occur, fortunately. There is no end to the natural world. The natural resources that are most critical on Earth are infinite for all practical purposes in relation to human demands. This is especially true given the population growth curve for the next century. If we somehow exhaust the mineral deposits on Earth in the next few hundred years, we can and will mine the solar system. In the absolute worst case scenario, the rest of the natural world off of Earth is available for ruthless exploitation by our Capitalist ways for thousands and thousands of years to come. The clear bet is that it will be exploited eventually, probably by whatever we replace ourselves with.
- kingkawn 7y agoThe natural world will end for us when it can no longer sustain us. All these exploitations may be technically feasible according to a certain worldview, but we will not be there to carry them out if our belief in that worldview leads us to extinction.
- samunism 7y agoAs Noah Smith says, this type of argument is simply lazy analysis. Much of the "exploitation" occurs not due to singular businesses, but because of governments pursuing their own independent agendas. Take oil drilling, where state sponsored firms in China do not heed environmental regulations. Is that pure capitalism killing the natural world? https://twitter.com/Noahpinion/status/1139994638599589888 https://twitter.com/Noahpinion/status/1139994638599589888
- kingkawn 7y agoI didn’t say the word capitalism, you did. This is a problem for everyone, not only the people we can make claims of guilt against.
- xenihn 7y agoThere's more and more of if it every day thanks to ice melt.