this post was submitted on 12 Apr 2024
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Technology
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Industry is like a triangle and if you move towards one corner you have to move away from another:
Imo, if we want ethical and green, then billionaires should be taxed more heavily for the good of us all.
Or maybe shouldn't come into being in the first place?
Billionaires are a symptom of a system that's eating itself. Taxation might be able to offset it, but the actual power needs to be broken up, and both laws and attitudes about unchecked growth need to change.
We've ended up in a situation that's fundamentally tainted by capitalism. Every company, every product, is being slaughtered like a pig for quarterly profits. It happens over and over again. Some new thing comes out that seems great, it gets bought up or goes public, and it turns to shit.
We have to have the nerve to point at it, call it out, and figure out how to stop it before it kills us all.
True, nobody should ever have billions. There's simply no need for that much money, you can't ever use it up.
I think it would make more sense to replace cost-effective with cheap. It may be cheaper to use a process that makes it likely 80% of the population dies in 35 years, but that's a huge (non-monetary) cost. The overarching issue is our current economic system ignores those costs that take a generation or more to come due.