The broad concepts with little substance are not convincing me. I understand the nature of capitalism I just don’t understand how it is exclusively responsible for all bad things in the world today. I’m being a little facetious but come on I have directly asked you to tell me how capitalism is exclusively responsible for climate change and you hit me with what I have to assume is someone else’s words that aren’t actually answering the question. How would any other system stop oil?
You asked how capitalism encouraged greed. I explained why greed is the optimal solution under a capitalist system. A capitalist system is a zero sum game, and in zero sum games greed is the optimal solution as dictated by game theory. Therefore, greed is encouraged by capitalist systems.
As to the new question you’re posing in this comment, capitalism isn’t necessarily solely responsible for climate change. Environmental theory and economic theory share a large overlap, but are not the same circle.
It is trivial to say that in a system which encourages social benefit over individual benefit, improving environmental conditions would be an obvious benefit that would be capitalized upon. However, without real history of such a system we can’t be certain of the nature of people under that system.
Okay, I’ll accept that I interpreted your initial question differently than you intended it. I should have clarified what you were referring to.
I’ve already stated that capitalism is not solely causing human driven climate change, other things obviously influence it as well. However, I will argue that capitalism encourages human driven climate change more readily than other socioeconomic models. This is because climate destroying methods of profiteering tend to make profits faster, and as discussed in many Economics 101 classes, “money now is more valuable than money later” because it can be invested. Ecologically friendly methods of profiteering tend to make profits slower and less often.
The broad concepts with little substance are not convincing me. I understand the nature of capitalism I just don’t understand how it is exclusively responsible for all bad things in the world today. I’m being a little facetious but come on I have directly asked you to tell me how capitalism is exclusively responsible for climate change and you hit me with what I have to assume is someone else’s words that aren’t actually answering the question. How would any other system stop oil?
You asked how capitalism encouraged greed. I explained why greed is the optimal solution under a capitalist system. A capitalist system is a zero sum game, and in zero sum games greed is the optimal solution as dictated by game theory. Therefore, greed is encouraged by capitalist systems.
As to the new question you’re posing in this comment, capitalism isn’t necessarily solely responsible for climate change. Environmental theory and economic theory share a large overlap, but are not the same circle.
It is trivial to say that in a system which encourages social benefit over individual benefit, improving environmental conditions would be an obvious benefit that would be capitalized upon. However, without real history of such a system we can’t be certain of the nature of people under that system.
No I didn’t I asked what is exclusive to capitalism that is causing this [human driven climate change].
Okay, I’ll accept that I interpreted your initial question differently than you intended it. I should have clarified what you were referring to.
I’ve already stated that capitalism is not solely causing human driven climate change, other things obviously influence it as well. However, I will argue that capitalism encourages human driven climate change more readily than other socioeconomic models. This is because climate destroying methods of profiteering tend to make profits faster, and as discussed in many Economics 101 classes, “money now is more valuable than money later” because it can be invested. Ecologically friendly methods of profiteering tend to make profits slower and less often.