• 0 Posts
  • 10 Comments
Joined 1 year ago
cake
Cake day: July 16th, 2023

help-circle


  • Sure, no arguments there. I guess it’s the “green” label I take issue with. Carbon-free capitalism is definitely possible as long as there are enough critical elements to produce all of the necessary solar panels and wind turbines (and I guess fusion reactors if we’re really ambitious about printing money 🤑). I do wonder about rent collection long-term though, especially with such decentralized energy sources. Overproduction will also come sooner than everyone thinks. But I guess these are much better problems to have than imminent eco-catastrophe.



  • I was considerably happier before I knew this. Hopefully coal prices will continue to increase, and they won’t end up burning more coal even though their capacity has increased. From what I’ve read, it’s mainly provincial governments trying to boost their economic statistics that are responsible for this building spree.


  • Capitalism can’t do green. If you were to make an accounting of all of the environmental damage that capitalist industry has done to the ecosystem, the cost to clean it all up would dwarf the revenue. Capitalist economists are incapable of calculating such “negative externalities” because they don’t understand basic thermodynamics. I used to work in environmental remediation and am happy to talk more about this if there is interest.




  • ZMoney@lemmy.worldtoMemes@lemmy.mlPolitical mindset evolution
    link
    fedilink
    arrow-up
    14
    arrow-down
    2
    ·
    4 months ago

    “Massive coal” was twenty years ago. India is “massive coal” now.

    They have an electric car that costs $10,000.

    They are quickly switching from Li batteries to Na, which will not require Ni or Co either.

    They have a mixture of capitalism and central planning, so it’s not entirely fair to call them “non-capitalist”.