Protecting capitalism?
First of all, we have to ask what we mean by failure? Systems don’t fail, they just behave. Let us define ‘failure’ as causing ongoing harm to particular groups of people, or collapsing. We might use rates of...
Read MoreTag: free markets
capitalism and eco-system collapse again
Old fashioned capitalism that did not rule the State, could have dealt with eco-system collapse – because it would not, and could not, have opposed action that affected everyone and was clearly for the public good. Post...
Read MoreVague thoughts about economics
1) Producing goods involves waste and environmental destruction. This cost can be counted or not, depending on the power of the destroyer and the convenience of destruction. It still has an effect. How do we make sure that the...
Read MoreOne more time: Economics of Waste
(Based on a reply to a comment) In the last post I argued pollution erupts everywhere there: a) is no support for ecological thinking; b) where the costs of pollution are not factored into the economic process; and c) where...
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Economics of waste again
Why do humans pollute? Firstly, because these particular people don’t think ecologically or...
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