I think you're conflating authoritarian communist governments with socialism. Moreover, isn't that just trying to deflect from addressing climate issues?

The "blame the for-profit oil companies" ignores the history of government dictated economies. We don't have to like private ownership [of energy production], but removing companies just changes ownership to less accountable government.

We shouldn't ignore past mistakes, whether by companies or governments, but our current problem is being perpetuated by the oil companies, so something has to change to stop them from destroying our future.

> our current problem is being perpetuated by the oil companies

People consume goods and services which rely on oil. Act locally and stop consuming things which depend on oil and natural gas. Oil is used for more than electricity generation, so it will be a cave-person lifestyle.

That is an excellent reason why we need to stop burning it. Lots of things can be used for energy, but oil is also useful in manufacturing.

Acting locally is exactly the narrative that the oil companies want you to push as it distracts people from the oil companies greed and destruction of our climate.

Please explain how market economies deal in scenarios where externalities are involved. How do they price in those externalities? Also, how well do market economies perform for the common good when limited natural resources are exploited?

> when limited natural resources are exploited

Malthus was not correct. I'm trying to think of one commodity which has been used up, and I can't think of one though you can name a few.

Private property, free markets, and rule of law are not perfect. What system is better for a good standard of living for the masses?