“Outperforming” here means extracting as much wealth as possible and consolidating it in the hands of a few. All the while being an absolute detriment to the health of the environment and people it uses to extract said wealth.
Environmental damage is a big one. Basically anytime some cost is due, such as pollution, but corporations ignore cleanup, and thus the cost. That bill is still due eventually, and it’s left to others to pay the price
Yupp
Hey, this isn’t working
Yeah, we know it sucks
We should change it
Oh, absolutely not! that’s crazy talk!
More like…
Hey this isn’t working
Yes it is, it’s out preforming every other system.
We should change to other system
No uprooting our entire system to swap to a system that has failed every time it’s implemented is crazy.
“Outperforming” here means extracting as much wealth as possible and consolidating it in the hands of a few. All the while being an absolute detriment to the health of the environment and people it uses to extract said wealth.
But ya! Outperforming!
It can do all that while still generating more wealth for the average person raising their standard of living.
Sure buddy. Western standard of living has long been propped up by keeping externalities external. Exploitation is the name of the game
Can you give an example of capitalism keeping externalities external so I can understand what you mean here?
Environmental damage is a big one. Basically anytime some cost is due, such as pollution, but corporations ignore cleanup, and thus the cost. That bill is still due eventually, and it’s left to others to pay the price