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If all this sounds unsustainable, it's because it is. We're essentially legitimizing a pyramid scheme here. Economics and policy are all centered around extrac
by MSFT_Edging 1y ago
If all this sounds unsustainable, it's because it is.
We're essentially legitimizing a pyramid scheme here. Economics and policy are all centered around extraction and share holder value. I've never seen any attention paid to making an industry stable or resilient.
Nearly every issue we face day-to-day is either due to companies holding massive control over our society, or companies degrading services we rely on because profit is no longer increasing.
We're not allowed a stable, peaceful life in a stable climate because someone else needs to get one over on someone else.
We could provide for everyone but we have decided making immaterial numbers go up is #1 priority.
When I ask why can't we have companies that exist in a steady state, the answer is another company will take advantage if the first company doesn't first. Why do we live like this? Is this system truly responsible for our technology and comfort? or is the comfort a side-product that can be produced by a number of other systems?
We're being played for fools. We all know it, but we can't imagine an alternative because they've got us all by the balls controlling our health care and housing.
- lucyjojo 1y agocapitalism is the current dominant religion. we're fucked.
- toomuchtodo 1y agoCitation: How much growth is required to achieve good lives for all? Insights from needs-based analysis - https://www.sciencedirect.com/science/article/pii/S2452292924000493 https://www.sciencedirect.com/science/article/pii/S245229292... | https://doi.org/10.1016/j.wdp.2024.100612 https://doi.org/10.1016/j.wdp.2024.100612 https://news.ycombinator.com/item?id=43465127 https://news.ycombinator.com/item?id=43465127 - March 2025 (26 comments) https://news.ycombinator.com/item?id=42529256 https://news.ycombinator.com/item?id=42529256 - December 2024 (10 comments) (You're right, it is a suboptimal socioeconomic system)
- MSFT_Edging 1y agoI really appreciate you providing citations for my screed. Thank you.
- toomuchtodo 1y agoHappy to help. Facts, data, and evidence matters.