Not saying we shouldn’t do both, but in reality waiting to destroy capitalism before fixing the grid just means you have too much theory and not enough praxis.
Honestly, this attitude is downright suicidal for our species right now. Capitalism took centuries to develop. Anything that replaces it will form over a similar time scale. And with climate change, that is time we do not have.
I’ve got some bad news though. If our markets keep ignoring the environmental cost of… well, pretty much anything, as they always have, capitalism will also fuck us over in the long run. I’ve even heard it’s already happening…
Capitalists People in just about every system ignore negative externalities, which are defined as costs borne by other people for the benefits that they receive themselves. Ironically, capitalism might be the best short-term solution, if only we had the political will. One of the major functions of government is to internalize negative externalities, via taxes and regulations. It’s easy for a factory owner to let toxic effluent flow into the nearby river, but if it costs enough in taxes and fines, it’s cheaper to contain it. We just need to use government regulations to make environmental damage cost too much money, and the market would take care of re-balancing economic activity to sustainable alternatives. The carbon tax is a well-known example of this technique, but we’ve seen how well that has gone over politically. Still, it’s probably easier to push those kinds of regulations in a short time frame than to fundamentally revamp the entire system.
Nah, lets squash capitalism first.
Lets squash it with batteries, they are heavy for a reason.
Not saying we shouldn’t do both, but in reality waiting to destroy capitalism before fixing the grid just means you have too much theory and not enough praxis.
Honestly, this attitude is downright suicidal for our species right now. Capitalism took centuries to develop. Anything that replaces it will form over a similar time scale. And with climate change, that is time we do not have.
I’ve got some bad news though. If our markets keep ignoring the environmental cost of… well, pretty much anything, as they always have, capitalism will also fuck us over in the long run. I’ve even heard it’s already happening…
CapitalistsPeople in just about every system ignore negative externalities, which are defined as costs borne by other people for the benefits that they receive themselves. Ironically, capitalism might be the best short-term solution, if only we had the political will. One of the major functions of government is to internalize negative externalities, via taxes and regulations. It’s easy for a factory owner to let toxic effluent flow into the nearby river, but if it costs enough in taxes and fines, it’s cheaper to contain it. We just need to use government regulations to make environmental damage cost too much money, and the market would take care of re-balancing economic activity to sustainable alternatives. The carbon tax is a well-known example of this technique, but we’ve seen how well that has gone over politically. Still, it’s probably easier to push those kinds of regulations in a short time frame than to fundamentally revamp the entire system.A non-functioning government is also a feature of capitalism, though.