Point is every society has significant number of egoistic actors. You can’t design a socio-economical system with assumption that everyone will just work for “common good”
@BlackLaZoR the difference is that in a hierarchical system (like capitalism, where capital concetrates), those egoistic people tend to be at the top of society.
Capitalism is a horrible bad solution to dealing with egoistic people
@BlackLaZoR the world is facing extinction level global warming and crossing various other planetary boundaries. Capitalism is literally destroying the foundations for human life on Earth
the world is facing extinction level global warming
Not really. You can already see the shift from fossil to renewables because they’re cheaper. 40% of electricity globally comes from renewables + nuclear already, and renewable power covers all new demand every year.
It’s not that capitalism cares about environment it just happens that fossil is getting progressively harder to mine while renewables (especially solar) are getting cheaper due to economics of scale.
@BlackLaZoR @vonbaronhans you might be egoistic, but don’t assume people broadly to be so
Point is every society has significant number of egoistic actors. You can’t design a socio-economical system with assumption that everyone will just work for “common good”
@BlackLaZoR the difference is that in a hierarchical system (like capitalism, where capital concetrates), those egoistic people tend to be at the top of society.
Capitalism is a horrible bad solution to dealing with egoistic people
First, Egoist =/= Evil and Altruist =/= Good
Worst criminals of history often justified their crimes with “higher need” or some other noble goal.
Second, it’s the best solution that has been proven to work. And it’s the best solution because it aligns incentives.
@BlackLaZoR the world is facing extinction level global warming and crossing various other planetary boundaries. Capitalism is literally destroying the foundations for human life on Earth
Not really. You can already see the shift from fossil to renewables because they’re cheaper. 40% of electricity globally comes from renewables + nuclear already, and renewable power covers all new demand every year.
https://ourworldindata.org/electricity-mix
It’s not that capitalism cares about environment it just happens that fossil is getting progressively harder to mine while renewables (especially solar) are getting cheaper due to economics of scale.