Tag Archives: capitalism
The unbearable fragility of climate regulations
Someone who loves nature can only be angry at this. In June of last year the President Obama called for international lending institutions to stop funding coal-fired plants overseas. The World Bank and the US Export-Import bank both agreed not … Continue reading
Who and what is bigger than how.
Sometimes you see an argument that communist or socialist approaches to environmental protection are doomed to fail. They say: “Just look at what happened in the Soviet Union.” Then a communist might say: “Well, they did it wrong in that … Continue reading
Limited liability as a socialist phenomenon
Although limited liability is at the heart of capitalism, it is a socialist phenomenon. And, ironically, this socialist mechanism is at the root of many of the ills of capitalism. So weirdly, the socialists only have themselves to blame for … Continue reading