I compare capitalism with fire. Fire is just fine. It's amazingly useful for cooking, lighting, heating, materials processing and a host of other things. It also needs to be carefully controlled. You don't burn your house down when it gets cold outside. You don't want to set your book on fire or burn your roast.
I compare capitalism with fire. Fire is just fine. It's amazingly useful for cooking, lighting, heating, materials processing and a host of other things. It also needs to be carefully controlled. You don't burn your house down when it gets cold outside. You don't want to set your book on fire or burn your roast.
Granted, we may be moving to a post-fire society. Electric cars, unlike ICE cars, don't rely on fire. You can cook in a microwave oven or on an induction or resistance cooktop. You can light with LEDs and keep warm with a heat pump or resistance cooktop.
Are we ready for post-capitalism? It's going to take a lot of regulation to make it happen, just as it has for us becoming post-fire. It's also going to be done in stages. My guess is that it would only happen if it is done slowly and incrementally, and like our move to post-fire, it is done in a way that people barely notice.
I compare capitalism with fire. Fire is just fine. It's amazingly useful for cooking, lighting, heating, materials processing and a host of other things. It also needs to be carefully controlled. You don't burn your house down when it gets cold outside. You don't want to set your book on fire or burn your roast.
Granted, we may be moving to a post-fire society. Electric cars, unlike ICE cars, don't rely on fire. You can cook in a microwave oven or on an induction or resistance cooktop. You can light with LEDs and keep warm with a heat pump or resistance cooktop.
Are we ready for post-capitalism? It's going to take a lot of regulation to make it happen, just as it has for us becoming post-fire. It's also going to be done in stages. My guess is that it would only happen if it is done slowly and incrementally, and like our move to post-fire, it is done in a way that people barely notice.