Maybe capitalism needs to suck it up and pull itself up by its bootstraps instead of needing subsidized fossil fuels. /s
↑ This, but without the /s.
In particular, we need to protect the free market by creating a carbon tax to compensate for fossil fuels’ negative externalities and level the playing field for “greener” competitors.
Not taxing carbon is anti-capitalist protectionism.
That or have the state stop giving money to corpos that definitely don’t need it, or by breaking up monopolies just so fair competition can be a thing.
Seriously, thinking that America’s system is capitalist is just as stupid as thinking it’s the land of the free
What murica has is what happens when you take the breaks off and let crap run to its logical extreme (and with rampant corruption where the cars breaks used to be)
Regulatory capture.
Revolving doors.
Political dark money.
Monopolies that manage to be technically not monopolies some frakkin how.
Rackets that never get charged as such.
Planned obsolescence.
Anticompetetive and anti consumer practices all over and the erosion of rights - you effectivly don’t own what you buy and can’t resell it anymore.
Trade agreements to export this insanity to other countries.
Granting corporations the ability to sue NATIONS over “lost profits” in response to resonable regulation!
Instead of “harnessing greed” its run rampant and unchecked to the point its destroying our environment at an insane pace. And its spreading beyond america. It has been for years most people just haven’t realized it yet. (Ed: by “it”, I mean this corrupt thing that America thinks of as capitalism, is overtaming what you may think of as calitalism)
The cancer has metastisized, and we’ll need to reinvent a strongly regulated similar system that rejects the clear broken parts in order to excise it - capitalism as is, is lost. It’s not sustainable.
I realize I’m talking in a very pro socialist/pro communist space but what I’m saying doesn’t mean I think capitalism was always terrible. But any good times it had are soon coming to an end.