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There's plenty of risk we take as a society. For example, there was a recent article on coronal mass ejections causing issues with the US power grid, bringing
by WrtCdEvrydy 6y ago
There's plenty of risk we take as a society.
For example, there was a recent article on coronal mass ejections causing issues with the US power grid, bringing the US power grid down for 3-4 months (which is how long it takes to build replacement parts) but two issues came up: the whole world would have the same situation, and it costs about $400M to buy the parts.
Do you think we should invest in this, or just lower taxes so more economic activity can occur?
- tempestn 6y agoWe should absolutely be investing in that, similar threats like supervolcano eruptions, and, obviously, climate change. Until recently you might put a global pandemic on that list too, actually! Unfortunately both the capitalist and democratic systems are poorly suited to tackling such long-term threats. Climate change is the most immediate and certain of these (outside of pandemic), and even there the response has been pretty poor. But at least there is a response, unlike for these other disasters that will hit someday; we just don't know when.