First published at 02:48 UTC on November 5th, 2019.
The argument and question, can our planet survive capitalism as I explained previously without market-driven prices the economy leads to chaos as a result of the resource allocation problem that socialism is faced with, otherwise known as the econom…
MORE
The argument and question, can our planet survive capitalism as I explained previously without market-driven prices the economy leads to chaos as a result of the resource allocation problem that socialism is faced with, otherwise known as the economic calculation problem. In this argument, Francesca Fiorentini managed to pull off this crazy argument against economic growth and climate change in her argument would be solved by overthrowing capitalism.
Low and behold, surprise, surprise, here we have the typical BBC with ignorant Marxists sitting debating the issue claiming that productivity is killing the planet. I suppose if you're an ignoramus with no understanding of economics then that would sound like a reasonable argument. I mean, what exactly are they arguing for, to take us back to the dark ages?
The BBC is a crying shame because it produces some of the greatest content such as the amazing wildlife programmes with top class videography work, I should know, I'm a photographer and can appreciate the work they do. However, when it comes to politics and economics, this is why all government funding and the forced TV licence should be abolished. The BBC should be forced to work for its money, maybe then it'll start providing for the people of this country.
Even if we were to go along with their argument on economic growth and climate change, how is overthrowing capitalism in the mixed economy going to help matters any? As I explain in this video it would lead to a major catastrophe. It is, therefore, my case that if we wish to improve and protect our environment, it is an argument for capitalism, NOT against capitalism.
As I explained before on the disaster of socialism and its failures relative to the environment, another problem is without a private sector to finance the public sector, where will you get the money from to not only pay their wages in those jobs but also where will the jobs come from? The government destroys more jobs than what it creates.
..
LESS