Modern capitalism can be easily sustainable. You just have to do two things.
1) Legislate frameworks for market based solutions to externalities i.e. tragedies of the commons such as air pollution, water quality, etc. Cap and trade would be one framework for addressing CO2.
2) Eliminate mercantilism, where government policies are used to interfere in market forces, usually for the benefit of wealthy business owners. I.e no more subsidies, of any business, no more "incentives" to overbuild, overproduce, etc.
Boom done. For those of you who say yea, but it's impossible that those 2 things could ever be legislated successfully, I say, yea, your right. But that doesn't mean we can't acknowledge the solution. And for those of you who say, but capitalism bad! I say, yea but those two things are just as impossible to implement under socialism, communism, marxism or any other system you can devise.
In reality, the only solution is to have a Julius Caesar conquer the known world, declare himself or herself dictator for life, and then say, you idiots, we need to have a sustainable planet, and just implement those changes by edict.
Unfortunately the new Caesar would then drop by the senate for a session, and senators backed by the dozen biggest corporate welfare recipients would stab him or her to death. And the senate would immediately repeal the new laws.
>For those of you who say yea, but it's impossible that those 2 things could ever be legislated successfully, I say, yea, your right. But that doesn't mean we can't acknowledge the solution. And for those of you who say, but capitalism bad! I say, yea but those two things are just as impossible to implement under socialism, communism, marxism or any other system you can devise.
It is curious to argue that something is a solution, and also assert that it is impossible.
How much pollution is OK? What is the market price for a pound of carbon in the air or part-per-billion of mercury in waste water? Those decisions would be made by regulators, meaning there would be influence-peddling.
1) Legislate frameworks for market based solutions to externalities i.e. tragedies of the commons such as air pollution, water quality, etc. Cap and trade would be one framework for addressing CO2.
2) Eliminate mercantilism, where government policies are used to interfere in market forces, usually for the benefit of wealthy business owners. I.e no more subsidies, of any business, no more "incentives" to overbuild, overproduce, etc.
Boom done. For those of you who say yea, but it's impossible that those 2 things could ever be legislated successfully, I say, yea, your right. But that doesn't mean we can't acknowledge the solution. And for those of you who say, but capitalism bad! I say, yea but those two things are just as impossible to implement under socialism, communism, marxism or any other system you can devise.
In reality, the only solution is to have a Julius Caesar conquer the known world, declare himself or herself dictator for life, and then say, you idiots, we need to have a sustainable planet, and just implement those changes by edict.
Unfortunately the new Caesar would then drop by the senate for a session, and senators backed by the dozen biggest corporate welfare recipients would stab him or her to death. And the senate would immediately repeal the new laws.