That’s what I was wondering. Capitalists didn’t invent exploitation of nature, it just so happened that its worldwide adoption coincided with unprecedented technological advances. There’s quite a few examples of historical societies that exploited nature as much as they could and suffered for it.
Businesses under capitalism aren’t required to pay for the externalities of their decisions. In a democratic economy, the people affected by corporate decisions would have a say in those decisions. It’s reasonable to assume that people want to breathe clean air and continue to have food and water, so they’d support policies that do that.
Does this imply communism wouldn’t extract resources?
That’s what I was wondering. Capitalists didn’t invent exploitation of nature, it just so happened that its worldwide adoption coincided with unprecedented technological advances. There’s quite a few examples of historical societies that exploited nature as much as they could and suffered for it.
Businesses under capitalism aren’t required to pay for the externalities of their decisions. In a democratic economy, the people affected by corporate decisions would have a say in those decisions. It’s reasonable to assume that people want to breathe clean air and continue to have food and water, so they’d support policies that do that.
Sure, but none of the economies we actually have (or recently had) work like that.
Someone had better have a communist revolution so we do have one like that, then.
Judging by the communist revolutions we had so far, I’m not holding my breath for that.