Oh, looks like you got THAT memo, though. Don’t question how billionaires billionarize themselves because that’s socialism and socialism is baaaaah(d).
Well, the thing is that reality doesn’t gives a hoot of Capitalism or Socialism. Actually, the simplest way to deal with climate change is to update, upgrade and optimize Capitalism. It’s a nice idea in itself and has lots of potential, no need ot throw the baby out with the bathwater. BUT, the baby has pooped and peed in the bathwater, and we better think of a plan to improve that situation.
Because the consequences are fairly real, and don’t look good. As I said, it just started, and it’s little things yet. For an instance, insurors are no longer insuring homes in California. More and more homeowners are finding themselves in a tough spot since either rates are skyrocketing or insurors are downsizing and even stopping their operations and no longer will insure homes in California. Why? Because they’re losing money. In one hand, homes are more expensive becuase of capitalism, and on the other hand there is an increasing trend of homes being damaged by forest fires. Forest fires which are becoming more common and larger because of a mix of dubious forestal management policies and increasing temperatures with decreasing rainfalls.
So it’s not socialism. It’s just that California is becoming a bad place to insure homes because of Capitalism and global warming.
Just little things. Last april, a couple regions in Russia lost all their crops to a never seen before cold wave in spring. Nothing serious, it’s just about 5-10% of this year’s harvest, depending on how well the other regions fare. But it never hppened before.
Little things happedn and happen, last year 60% of Greece’s best farmlands were wrecked by a single freak storm. The food output of Greece is estimated to drop by 15% for the next 5 to 10 years while the lands recover their fertility. This never happened before, not at such scale.
Looks like we better find a way for Capitalism to deal with the increasing average temperature and climate uncertainty since little things become commonplace and the issues scalate. Because the poop and the pee are in the bathwater, and we better get rid of them before the baby grows really sick.
No need to throw Capitalism, just improve it. Although along the way, some billionaires will no longer be able to billionarize themselves in the same ways as until now, and that’s baaaah(d).
Almost as bad as Socialism.