Support CleanTechnica's work through a Substack subscription or on Stripe. Sodium-ion batteries have been in the works for years, and now sodium-ion batteries have started to appear in cars and home storage. JAC, in a partnership with Volkswagen, has been shipping a vehicle called the Sehol or E10X with sodium-ion ... [continued]
Capitalism is not reformable because it fundamentally relies on ever increasing rates of profit and exploitation. The first is impossible in a finite world, and the second is untenable to anyone who believes in justice.
Capitalism while replacing taxes on productive activities with taxes on unjustified monopoly power such as land value taxes to fund a UBI would be better than many past status quos.
I agree. The US have oligarchic crony capitalism supported by an utterly corrupt political system. Trying to abolish capitalism without restoring democracy and the rule of law is a fools errand. Not like it’s never been tried. And every time it just replaced one ruling clique of assholes with another one.
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Capitalism is not reformable because it fundamentally relies on ever increasing rates of profit and exploitation. The first is impossible in a finite world, and the second is untenable to anyone who believes in justice.
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Which system should it be in your scenario?
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Capitalism while replacing taxes on productive activities with taxes on unjustified monopoly power such as land value taxes to fund a UBI would be better than many past status quos.
I agree. The US have oligarchic crony capitalism supported by an utterly corrupt political system. Trying to abolish capitalism without restoring democracy and the rule of law is a fools errand. Not like it’s never been tried. And every time it just replaced one ruling clique of assholes with another one.