I would like to state that I think we should start treating GDP as an outdated indicator, replacing it with something that reflects the end goal of human satisfaction much more directly. While factoring in eco-friendlines, health and so on, and none of that money stuff should ideall matter for it.
this post was submitted on 21 Sep 2023
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We need to reform our monetary system. Credit generates money, which is supposed to represent actual created wealth. In order to obtain credit, social agents have to convince banks and nation-states that they will create actual wealth in the future. Thus, money is created in advance of wealth and is attached to an expectation of growth.
The financial system has always been broken and it's incapable of dealing with the climate crisis. These researchers know how swiftly we must take action for a civilization to exist at all in the next few decades. Global economy has only one possible future apart from annihilation, which is to stop emitting greenhouse gases and to start capturing carbon. That project and all it entails should be the promise that generates new money, since any wealth will be rooted in that endeavour. Money is the soul of an economy, and ours is based on colonialism, slavery, exploitation, expropriation and wealth concentration, that's why the world worships the US Dollar.
There are no climate goals that can be met as long as conservatives have influence in U.S. or EU politics.
Conservatism is a plague that is extremely devoted to the continued heating of the planet. We will need marginalize conservatives on an international scale in order to see substantial progress.
In other words, if you aren't fighting conservatism, you aren't fighting climate change.
Really important to say it, but you need proper goals in the first place. It is better to miss a 75% reduction goal then to make a 25% reduction goal.
We should also note that big companies like to prop up conservatives to defend them.
Because often the conservative is a board member or significant investor. It's about time we called it for what it is, corruption.