Unless you properly regulate capitalism, is it still capitalism? I don't want to accuse capitalism because it often falls into the whole "is socialism bad", "mao and stalin murdered people so socialism is dangerous", but it's difficult to not correlate environmental issues and growth policies related to capitalism. I guess communist states also had environmental issues? What about current socialist states?
I mean how can we can really pinpoint the political issue here? It seems crony capitalism is at the root of inequality and global warming, yet rent seeks are still being left alone. It seems so difficult to have something in between.
Today we're giving crumbs to the poor in exchange of co2 emissions. We can't do anything right.
I'm fairly certain socialist states polluted just as bad as capitalist states. As far as I'm aware they also did so in a more wasteful way, i.e. they produced less goods and services for the same pollution.
They polluted even worse. The Soviet Union was directly responsible for some of the greatest ecological catastrophes in history, including the drying of the Aral Sea.
I mean how can we can really pinpoint the political issue here? It seems crony capitalism is at the root of inequality and global warming, yet rent seeks are still being left alone. It seems so difficult to have something in between.
Today we're giving crumbs to the poor in exchange of co2 emissions. We can't do anything right.