this post was submitted on 29 May 2024
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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.
And we are!
What makes you think setting the whole thing on fire is more likely/feasible than pricing in environmental externalities?