Well obviously capitalism would be a great tool for fighting climate change, if not for the fact that 99% of the control over this tool lie in the hands of the people who have absolutely no interest in fighting climate change
It might work together if the real cost would be reflected in every product. Like, if cost of pollution, emission, all consequences of everything at every step in every country would be priced in and equalized. But that’s so unlikely to happen that we might as well set the whole thing on fire.
What makes you think setting the whole thing on fire is more likely/feasible than pricing in environmental externalities?
Methinks he’s never heard of regulatory capture.
Billionaire argues that the system that made him rich and caused all of our problems is also the solution to the problems. Right.
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Because he’s been willing to fund a lot of the activist organizations, and nobody else really stepped up
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No, this makes perfect sense. It’s difficult to understand what he means because he keeps saying “people” should pay. If he means consumers when he says people, that would be perfectly consistent. Corporations pollute like crazy and “people” should be charged for it. That’s capitalism, right?
It’s Steyer, so he’s likely recommending that polluters be the ones who pay.
Oh you idiot resource hoarder: capitalism got us here because it values profit over anything else. It cant get us out of a problem that isnt about profit. It can only create more problems with its greed.
