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> "let the magic invisible hand of the market work, and all will be great". Just because the hand is invisible doesn't mean it doesn't exist. It just means tha
by disown 6y ago
> "let the magic invisible hand of the market work, and all will be great".
Just because the hand is invisible doesn't mean it doesn't exist. It just means that we can't see it. The "invisible hand" doesn't mean "natural market forces" as people think, it really means the "hands of the elites" who work behind the scenes. In modern capitalist societies, it's the cabal of bankers who work behind closed doors and direct economies.
> But apparently noone in power seem genuinely interested in sorting out this big problem in a way that would be advantageous to the European public (not even mentioning the climate).
Europe is trying to some degree - like hosting ITER.
https://en.wikipedia.org/wiki/ITER https://en.wikipedia.org/wiki/ITER
Until there is a revolution in energy generation, the world will continue to run on fossil fuels. There is no viable alternative. And fossil fuel use is only going to increase as ASEAN, India and africa further industrialize.