this post was submitted on 11 Nov 2024
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Late stage capitalism.
The issue is that capitalism fundamentally requires forward thinkers and enlightened (or at least rational) perspective to function sustainably.
But capitalism rewards short term thinking, everywhere from corporate leadership, to the workforce, to the consumers caught by ads designed to catch and hold their ever-shortening attention spans.
Fundamentally, it needs regulation to thrive. The true cost of a purchase, including environmental and decommissioning/disposal costs must be tied to the initial purchase value. Through this, we might get a functional capitalism.