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A comment on Five billion people will face extreme heat at least a month each year by 2050. Parent comment

Re:Five billion people will face extreme heat at least a mon... by c1sc0 on Sunday September 10, 2023 @11:50PM (#37462660)
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?
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Re:Five billion people will face extreme heat at least a mon... by landemva on Monday September 11, 2023 @12:53AM (#37463028)
> 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?

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