4 ms·
I'm not entirely sure how but in the past two years, I've become a believer in the capitalism structure for the markets and that it's able to solve any given pr
by heimatau 6y ago
I'm not entirely sure how but in the past two years, I've become a believer in the capitalism structure for the markets and that it's able to solve any given problem (including what you're saying). Capitalism just needs to get nudged into a direction and the solutions will be a product of markets.
To elaborate my point, through government subsidies:
- American has seen massive production of food (so much that we waste an insane amount every year)
- Massive creation with minimal resources (via petrol innovation; even if y'all don't like it, it was an easy win for society and we're living with the second order effects)
- Vehicle fuel efficient rise
- Green revolution is almost profitable without government subsidies.
I'm not an economist but the game theory does seem to playout in such a way, for the past century, to confirm 'we'll find a way, given a nudge in the right direction'.
- andromeduck 6y agoYou should check out the Decouple podcast :) https://podcasts.apple.com/us/podcast/decouple/id1516526694 https://podcasts.apple.com/us/podcast/decouple/id1516526694
- toiletfuneral 6y agoCapital has shown it will not fix climate change but only try and profit on the destruction. If free markets could solve healthcare or the island of plastic in the pacific, it would’ve happened. Literally nothing is getting better while corporate earnings increase, so wake me up when the market figures out how to respond to actual problems, not just automate away labor.