← Back to context

Comment by jmyeet

14 hours ago

There is a school of thought (ie ecomodernism [1]) that believes that all big problems will be solved when the economics change. I used to believe that.

Instead we have a captured system where it's cheaper to buy the politics of wealth extraction. Historically speaking this has always led to increasing wealth inequality that is ultimately resolved by war or revolution.

If the ultra-wealthy were smart, they'd declare victory because they've never had it so good and they'd seek to give back a little to placate the populace and stave off that war and revolution. But they don't. Greed has no bounds. So at some points, the guillotines are probably making a comeback. And a lot of people are going to die as climate refugees in the coming decades.

[1]: https://en.wikipedia.org/wiki/Ecomodernism