Re:When Global Warming Kills Your God
by EGreg on Friday September 26, 2014 @09:44AM
(#8372608)
How is the drive to reduce pollution anti capitalist? Is there only one type of capitalism?
Is the incentive to make made-up money supposed to be morally superior to everything else? Even when you are raping ecosystems, overfishing etc. because it happens to be a free externality at the moment, and gives an advantage over the company who doesn't?
Or are these just noises made by people who are too busy playing game made up for them and don't want to consider the effect of the rules even a little bit? In a completely unregulated laissez faire market, where money is the only signal, companies are incentivized to produce and sell as much stuff as possible, and exploit any free externality they can as long as it leads to a profit. In a system whose corporations have their ultimate fiduciary obligations to shareholders first, and where fiat currency continually decreases in value, it's also hard to have a sustainable system in terms of resources. But hey don't let that bother you. Live for the short term upticks in stock prices.
Funny enough, the same people who cry about governments printing fiat currency "stealing from our children" (even in times of money supply contraction) are the same people who are in favor of not giving much thought as to what REAL WORLD CONDITIONS those children will inherit.
Is the incentive to make made-up money supposed to be morally superior to everything else? Even when you are raping ecosystems, overfishing etc. because it happens to be a free externality at the moment, and gives an advantage over the company who doesn't?
Or are these just noises made by people who are too busy playing game made up for them and don't want to consider the effect of the rules even a little bit? In a completely unregulated laissez faire market, where money is the only signal, companies are incentivized to produce and sell as much stuff as possible, and exploit any free externality they can as long as it leads to a profit. In a system whose corporations have their ultimate fiduciary obligations to shareholders first, and where fiat currency continually decreases in value, it's also hard to have a sustainable system in terms of resources. But hey don't let that bother you. Live for the short term upticks in stock prices.
Funny enough, the same people who cry about governments printing fiat currency "stealing from our children" (even in times of money supply contraction) are the same people who are in favor of not giving much thought as to what REAL WORLD CONDITIONS those children will inherit.