Capitalisms faiilures on multiple cornerstones, in addition to ecology, are broadly documented
Comment on Capitalism is an unrealistic death cult.
knitwitt@lemmy.world 5 weeks agoBecause I believe ecological sustainability is achivable under any economic system!
greenbit@lemmy.zip 5 weeks ago
knitwitt@lemmy.world 5 weeks ago
I think our ecological failures are often misattributed to economic philosophy. Collectivist societies have also caused irreparable ecological harm in the past, so the issue can’t be capitalism exclusive.
Squirrelanna@lemmy.blahaj.zone 5 weeks ago
It’s not exclusive and no one said it was. Just that capitalism as we have it now has no room for ecological considerations.
hertg@infosec.pub 5 weeks ago
Capitalism requires continuous and unlimited economic growth. Economic growth requires accelerated resource extraction. Capitalism is not ecologically sustainable by design.
knitwitt@lemmy.world 5 weeks ago
Capitalism, like socialism, means many things to many different people. At it’s core capitalism is simply a philosophy built around the idea of the free exchange of goods and services between individuals. I don’t think most people would that infinite growth is an essential part of that equation as there are real examples of capatalistic economys that shrink every year.
hertg@infosec.pub 5 weeks ago
Where are those capitalist “economies” that don’t require growth? Are they decoupled, and not relying on the growth of the global economy? Does their pension system not explode if economic growth would come to a halt? If so, what makes them capitalist?
knitwitt@lemmy.world 5 weeks ago
I think government pension is probably one the least capitalist ideas out there. There’s no such thing as a pure capitalist society, just like how there’s never been a true socialist society. Only ones that subscribe more to their respective ideas more than their peers. To me, what makes a society capitalist is a foundations belief in a free markets and the voluntary trade of goods and services, and a socialist society is one where the means of production are pushed towards collective ownership.