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Today's definition of wealth is rooted in resource extraction and energy use. Name me a system that has proven itself more effective at growing this sort of wea

Today's definition of wealth is rooted in resource extraction and energy use. Name me a system that has proven itself more effective at growing this sort of wealth than democracy plus capitalism. Ecosphere destruction is tied to that sort of wealth https://dothemath.ucsd.edu/2022/09/death-by-hockey-sticks/ https://dothemath.ucsd.edu/2022/09/death-by-hockey-sticks/. You grow one, you grow the other.

smsm42 3y ago
> Today's definition of wealth is rooted in resource extraction and energy use. That's not true, unless in very basic technical sense - like, we need energy to exist, turn on our computers, etc. But resource extraction and energy production is not the dominating source of wealth for many years now. Look at the current market's magnificent seven: Alphabet (GOOGL; GOOG), Amazon (AMZN), Apple (AAPL), Meta Platforms (META), Microsoft (MSFT), NVIDIA (NVDA), and Tesla (TSLA). Not a single of them does resource extraction or sells energy. It's not true socially either. If someone wants to get rich, they go into finance, high tech, entertainment maybe. Not in oil prospecting or gold digging (not that there aren't money in it - there are, but it's not what the society considers to be a lucrative business anymore). It's not 1849 now.