this post was submitted on 11 Dec 2023
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Capitalism provides incentives to externalize as many costs as possible (such as pollution), and incentivizes and cannot even function without growth (which leads to more resource usage and pollution). Just because the forms of government/society under Stalin and Mao were also bad for people, doesn't mean capitalism is not also bad for people.
??? I did not get defensive. I was explaining why capitalism incentives pollution. Climate change is not the only thing that matters right now. Other things that matter are global nuclear war, genocide, fascism, authoritarianism, mass surveillance, etc. If governments were not mostly captured by money/capitalists, one solution could be the government forcing the internalization of pollution costs (carbon credits, fines, or taxation). Free markets will not do anything about climate change, it is a well-known and well-studied example of a market failure.