Capitalism allocates resources most effectively. A market is a network of information giving its participants information on the supply of a good or service and the difficulty of delivering the good or service. Networked information is always more efficient than centralised information and less easily manipulated by bad actors. Command and control never solves large scale problems because the centre can never know enough to efficiently direct resources. The network always carries all the information.
The only period in the history of human civilisation, when human made global warming decreased was Genghis Khan conquest. Ergo we all should take a horse and slaughter half of a continent! That's the only alternative to capitalism...
Oh dear - capitalism isn't perfect but it's the best system we have.If you think otherwise ask the millions in China, Russia, Cambodia, North Korea etc who were directly killed by socialism and its ridiculous and stupid policies.Shame we seem to never learn from our history 😞And before anyone mentions Norway or Sweden these are capitalist countries not Socialist countries - they just charge high tax and have a big social system (which I'm not against at all, but the capitalist engine drives this)
This is so dumb, capitalism can be regulated. That's the point of social democracy. Stop pretending it's a binary system where you only have capitalism and socialism.Capitalism is the only system that manages to feed the poor and lift them.
Out of chaos comes order. .....eventually free markets through a process of failure and success form a stable economic ecosystem. ...the problem is Humans and greed
Irma was caused by capitalism, okay. You really think socialist countries are any better for environmental protection? Most are far worse. Capitalist countries are reducing their CO2 emissions, whereas China is only getting worse, driven by government corruption. The Soviet union was very bad for pollution. Both countries have/had an even more insatiable thirst for growth than any corporation, and the means to pursue that at any cost.
Hum...if the government was not so fast to insure people and help them rebuild where buildings will be just destroyed every decade or so then there would be a lot less damage. In that sense Capitalism is the better system, saves lives too.
This Monbiot Marxist is beyond insufferable with his Stalinist anachronisms and fascism. And by the way Georgie, there is no environmental crisis. Stop peddling lies, grow up, and relinquish your corruption