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by floodle
870 days ago
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> This way the market will solve the problem Capitalism has shown itself to have a complete inability to correctly price in the value of ecosystem services and the costs of environmental externalities. The profit cycle also operates on too small a timeframe for these climate issues. Thinking the market will save us is just a convienient pipe dream. |
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https://www.minorcompositions.info/wp-content/uploads/2011/1...
good book on the topic ^^^
> Thinking the market will save us is just a convienient pipe dream.
I think you should dig a little deeper into my comment before calling me out on my supposed pipe dreams.
I say taxation (which is NOT a market force, but a govt intervention in a market) can be used to then let the market fix the problem. Especially given that I also say that tax on "wholesome" things such as labour and housing should be abolished. To break it down for you: a massage these days costs, say, 50 USD for 30mins, because labour and the parlours location are expensive. For 50 USD I can order bin bags full of plastic rubbish (toys) from China (plastic, transport, im/ex, are all suuuuuuper cheap). I suggest to use taxation to the other way: make labour/housing cheap and transport/plastic expensive.