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We're in an era of companies worth trillions and their owners worth billions. It's silly to say we have too few resources to provide enough economic stability f
by Klinky 6y ago
We're in an era of companies worth trillions and their owners worth billions. It's silly to say we have too few resources to provide enough economic stability for people to care about the environment, meanwhile mega yachts are being made and islands are being purchased by an uber wealthy elite class, and there are people who will defend that behavior, all because they have a lot of money, so it must be okay.
Market driven economies that do not take into account environmental destruction and which cannot come to terms with wealth inequalities will be a huge danger to the future plight of humanity. Waiting for the market to "naturally" react by raising prices due to resource scarcity and destruction of supply chains due to environmental hazards will be too slow, and too little too late.
- luckylion 6y agoThose that buy yachts and islands are a lot less frequent though. It's obscene, I agree, but it's not like everybody was well-off if you just nationalized Jeff Bezoz' wealth. You don't have to wait for the market, you just need to make sure that proposed policies aren't massively affecting the lower classes. Food insecurity isn't a good foundation for a stable and peaceful society. When you're artificially generating it, you might want to take care of the poverty first, not the other way around.
- Klinky 6y agoThe problem is that we're wringing our hands over prices rising due to taking the environment into account, we do not wring our hands much when prices rise to fatten up the paydays for elite classes. Food scarcity is already an issue, and excess at the top, is already an issue. A lot of the economy is based on things being disposable, even in some cases to the point of humans being disposable objects(factory towns, sweatshops, "essential workers"). We'll eventually need to come to terms with ways to handle environmental damage better, and not in a passive way that just socializes that debt and damage onto the poor and the future generations, like we're doing now. The endless consumption/growth economy needs to evolve into a sustainable economy. Obviously there are entrenched interests that want to maintain the status quo until the world is on fire.
- grawprog 6y ago>Those that buy yachts and islands are a lot less frequent though. I dunno, there's a whole site devoted to renting and buying islands around the world https://www.privateislandsonline.com/ https://www.privateislandsonline.com/ Some of the prices aren't too over the top.
- waterhouse 6y agoSeriously, something like 50 of them cost in the $2-3M range, which is less than a lot of houses in the Bay Area. (Google says that Zillow says that the median price of a house sold in Palo Alto is $2.6M.) There are also three currently listed from $59k-$68k.