Comment on Geologists doubt Earth has the amount of copper needed to develop the entire world
Sauerkraut@discuss.tchncs.de 4 weeks agoCapitalism is bad at pricing in externalities. It’s pretty good at using price signals to allocate finite resources to more productive uses.
Markets == capitalism. You can have the efficiencies of free markets (worker owned co-ops which are market socialist) without the all consuming greed of capitalism.
booly@sh.itjust.works 4 weeks ago
I don’t disagree, but I don’t see the relevance of these particular flaws of unrestrained capitalism to this specific stated problem: that there might not be enough copper to be able to continue to use it as we always have.
There are lots of flaws to capitalism. Running out of useful copper, while copper is being used in wasteful ways, doesn’t really implicate the main weaknesses of capitalism systems.