I’m not saying capitalists as individuals do this. I am saying that capitalism as a system will ultimately do this. Capitalism survives is kinda its claim to fame. It was never going to take a long termist view and do what’s best for everyone, but it will protect itself. Whether that means government acts on its behalf, in the form of it acting on behalf of the insurance companies, or by shifting consumerism towards consuming solar panels and electric cars, it will ultimately find a way to exist. Literally no one on earth benefits from human extinction, corporate or otherwise, and eventually human decline WILL hurt sales. That’s when all the nations and corporations of the world will act. It’s bleak but true.
It looks more like people have to fight a constant battle to keep capitalism in check because capitalism itself is incapable of rational behavior and just does the same things to optimize profits regardless of consequences for any other indicators.
Rather people fighting has never really done anything and capitalism has never really faced any consequences because climate change was in the future. But a present material condition change that hurts profits? Capitalism will react to that. And they are. Idk why you guys keep responding with speculation when the present reality is clear: climate change is harming city infrastructure and housing and insurance companies are reacting. Insurance companies influence prices. Prices cause people to make choices like “don’t stay in or move to Florida”. That’s a working capitalist incentive structure happening right now, it’s changed several of my relatives life plans.
When a company wants to build an office in Orlando now, they might choose Tennessee instead. They only think about the present, but insurance thinks about the future, and that was priced into their present business decision. Or they might build bigger weather defenses. Which will improve markets in weather defense or in upcoming locales.
And no one needs to know, or does so because, they are activists or environmentalists. That’s just money at work.
I’m not saying capitalists as individuals do this. I am saying that capitalism as a system will ultimately do this. Capitalism survives is kinda its claim to fame. It was never going to take a long termist view and do what’s best for everyone, but it will protect itself. Whether that means government acts on its behalf, in the form of it acting on behalf of the insurance companies, or by shifting consumerism towards consuming solar panels and electric cars, it will ultimately find a way to exist. Literally no one on earth benefits from human extinction, corporate or otherwise, and eventually human decline WILL hurt sales. That’s when all the nations and corporations of the world will act. It’s bleak but true.
Or, facing conditions where it can no longer do this, it will boil off into fascist autocracy, which seems to be where we’re headed.
It looks more like people have to fight a constant battle to keep capitalism in check because capitalism itself is incapable of rational behavior and just does the same things to optimize profits regardless of consequences for any other indicators.
Rather people fighting has never really done anything and capitalism has never really faced any consequences because climate change was in the future. But a present material condition change that hurts profits? Capitalism will react to that. And they are. Idk why you guys keep responding with speculation when the present reality is clear: climate change is harming city infrastructure and housing and insurance companies are reacting. Insurance companies influence prices. Prices cause people to make choices like “don’t stay in or move to Florida”. That’s a working capitalist incentive structure happening right now, it’s changed several of my relatives life plans.
When a company wants to build an office in Orlando now, they might choose Tennessee instead. They only think about the present, but insurance thinks about the future, and that was priced into their present business decision. Or they might build bigger weather defenses. Which will improve markets in weather defense or in upcoming locales.
And no one needs to know, or does so because, they are activists or environmentalists. That’s just money at work.