Because the US is the only country that defected from the Paris agreement. The US is the only country led by climate change deniers. Tons of countries are led by malevolent and selfish leaders, but none are as incompetent and unpredictable as the US.
Climate change mitigation is a collective action problem in the form of a prisoner's dilemma or a tragedy of the commons. If every agent (i.e. country) refuses to cooperate, every agent will suffer major damage from environmental disasters. If all agents cooperate, they only suffer minor damage from economic policies designed to reduce greenhouse gas emissions.
At first sight, this doesn't seem like much of a problem. The solution seems self-evident, before one considers countries adopting different strategies:
If one country defects, they benefit massively from hosting the world's carbon intensive processes, yet all countries will equally share in environmental catastrophe. Thus, the optimal strategy for any single self-interested agent is always to defect, no matter what the others do. Paradoxically, the optimal strategy for each agent in isolation leads to a catastrophically bad outcome for all agents if they all choose that strategy. Everyone wants to be the parasite, but if no one is the host, we all die.
It wouldn't matter if the US were a tiny island nation, but the US has the largest carbon footprint, the largest economy, and the most capable military. The US led the democratic world. They could have solved the prisoner's dilemma by enforcing global cooperation. If the US and its allies would threaten to sanction those countries who don't cooperate, the payout matrix would shift towards cooperation being a stable Nash-equilibrium. It would no longer be in a country's interest to screw everyone else over, so they'd stop. The US and the entire world would be better off.
* has been the largest cummulative emmitter of CO2,
* has "outsourced" much of the emissions due to its current consumption levels to offshore manufacturers such as China,
* was an early recognizer of the serious implications of CO2 emmissions causing AGW, going back to the 1970s,
* was and still is home to some of the largest fossil fuel companies that have been activly gaslighting the world about the realities of AGW since the 1970,
* is, or at least was, a global leader that was admired with an aspiration lifestyle that has set the tone for lifestyle globally - a lifestyle with consumption and emission attributes that have disasterous side effects if attained globally.
There are some 190+ countries about the globe, it's very much the case that not all countries are equal actors in this issue.
Capitalism is a scam against the working class. I dont know how people can read things like this and not want a huge reform. The OP "just following orders" is ridiculous.
Also, whenever the question "where are the tech unions at," comes up ,its because the system crushes anyone who is slightly left leaning in this regard.
Excerpt:
You’d be one of the best people they’ve seen in years, and unlike the people around them, you’re honest and ethical. The thing that’s holding you back is… a reputation problem. People Google you and think, “This guy’s going to start a union.”
This is going to make it hard to place you. Guys like [name] don’t like people they can’t buy. If I were you, I’d start blogging again and come out against unions. Do that for six months, and I can put you anywhere you want to go.
get born in the south side chicago and see how that works out for you to have a nice car and a fun job :) the main reason you have them is zipcode where you were born
My father was born in mexico, came here with his parents who worked in agriculture. He worked his ass off to make it to a comfortable, modest, middle class neighborhood. I didn't go to college, but found my way into the tech industry because it's about as close to meritocratic as anywhere else has been in human history.
Is it perfect? no. Is it better than everything else because of Capitalism? Yup...
I hope things get ever better and more prosperous for you and your family in the future!!
In some scenarios capitalism can work really, really well. but lose a job, have a health issue and you then see that it is just a house of cards that generally works for small fraction of the population. not that other systems don’t have their own issues (and more) but capitalism is always good in the eyes of the beholder and over time there are less and less happy stories (USA is perfect example, see graphs of income inequality/gaps over time…)
It's not an inherent feature, but they steer it in such a way so, no, there isn't (at least not for long), unless someone would make a good case for it at some point in the future
The interesting question would be what their currency, where this 11% is offered, typically loses year-on-year
Basically they will become the toll-lords of the internet.
And because of that, THEY can choose what they accept as payment.
A stablecoin (probably just run by them but technology coming from one of the stablecoin providers like Paxos) is perfect for this, as it will be regulated and akin to a digital dollar, with the addition that they can earn yield on treasury bills at the same time.
and sending money cross borders to your family
and paying suppliers outside of your country
and having a multi-currency account without insane fees
and automating finance
and upgrading financial systems to modern tech
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