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Will the Miracle of Capitalism Destroy Us All?
- mitchbob 7mo ago> A new history by Trevor Jackson argues that the economic system that transformed global living standards depends on endless growth impossible to sustain. https://archive.ph/2026.03.25-141826/https://www.nytimes.com/2026/03/25/books/review/trevor-jackson-the-insatiable-machine.html https://archive.ph/2026.03.25-141826/https://www.nytimes.com...
- FrankWilhoit 7mo agoGrowth is a dysphemism for reallocation. In order to see this, it is only necessary to ask whether the diameter of the Earth is increasing.
- robocat 7mo agoReallocation defines zero-sum capitalism. In order to see this, it is only necessary to ask if the weather is getting worse.
- jschveibinz 7mo agoMilton Friedman: Free to Choose https://youtu.be/72d6LiSpS88?si=BPt6Z0hE_mBjyfpi https://youtu.be/72d6LiSpS88?si=BPt6Z0hE_mBjyfpi The power is in the marketplace. As long as people are free to make rational choices about price and consumption, the miracle of capitalism will prevail. Don't like big oil? Don't use a lot of gasoline. Angry about Silicon Valley? Stop using social media. Egg and beef prices ticking you off? You know what to do. Is the cost of housing too high? Form cooperatives, move to another location, etc. This works for social and political issues as well where free choice is still available. Be the change that you want to see happen in a capitalist free market system.