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That's a fair summation. Regarding number 1, there's no divergence, I agree with you 100% on capitalism not dealing with negative externalities. I think that n
by patrickk 15y ago
That's a fair summation.
Regarding number 1, there's no divergence, I agree with you 100% on capitalism not dealing with negative externalities. I think that no financial system we will ever come up with will ever be perfect.
Regarding 2, this appears to be a disadvantage one must accept with a capitalist system.
Regarding 3, I would be more positive. I think technology and human ingenuity will overcome pollution eventually, maybe by nanotechnology or clean tech etc. Maybe even human colonies in outer space, like the movie Wall-E or something. In the 1960s there was a theory that the world's population would grow faster than our ability to feed it. The Haber-Bosch process now feeds one-third of the world's population.[1]
Good talking to you. It's good hearing different perpectives on these issues.
[1] http://en.wikipedia.org/wiki/Haber_process http://en.wikipedia.org/wiki/Haber_process