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 Originally Posted by rpm
@ renton, so do you think the top-heavy distribution of wealth which capitalist systems create is going to alleviate enough of the world's poverty and raise the overall quality of life adequately for us to be able to effectively deal with the problems of climate change in time?
If it doesn't, we're screwed.
The other options are, um, they, um....they don't exist. People love to say how capitalism doesn't address climate problems, but they never acknowledge that morals don't either. There is no theory remotely capable of addressing this problem without incredible side effects. The perfect analogy for this is the drug war. There was once a time when almost everybody believed drugs were bad (reefer madness sort of thing), and it was addressed by all sorts of regulatory penalties. We ended up creating a juggernaut of regulation trying to stamp out the drug problem, but it didn't work. Not only did it not work, it made things far worse. In fact, it made things so bad that it created tremendous problems that didn't originally exist.
People wanna say we can fix the problem of climate change with regulation. But we can't. Nobody knows how. Just like all the regulations in the world on drugs didn't do shit, all the regulations in the world on environmental conservation will just have unintended consequences. Good regulations are extremely hard to make. Regulations on future externalities that hinder the economy would make the drug war look like paradise
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