Hacker News new | ask | show | jobs
by ilaksh 3535 days ago
We have to question whether it is feasible to implement a circular economy in our current old-fashioned system.

If you suppose this is the only system possible then you must assume so and fight within those constraints.

I propose, though, that new types of high-tech economic/political/social protocols/structures/systems can make it much more practical to achieve these types of goals, such as costing in externalities.

The problem as I see it is that we still run our society _manually_ like a big game of Dungeons & Dragons. New decentralization technologies like Bitcoin, Ethereum, etc. show that it is possible to begin to automatically organize and regulate on a large scale.

These more sophisticated high-tech systems, when integrated into society, will make it much more realistic to track and integrate external effects into a company's bottom line, for example.

This requires changing overall core social organization into a high-tech process.