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Nelson Riley

Nelson Riley

  • what state and (ESPECIALLY) national governments do is simply to fund to-scale solutions someone else has discovered, tested, and proved at an “atomic” level … 👍

  • Yes! Thank you Ray for speaking out.

    Capitalism is not inherently flawed, but it really needs to be directed by a caring hand (primarily government-designed incentives to promote not just growth for growth’s sake, but objective and AMBITIOUS progress in all aspects of life for all people). Alleviating

    Yes! Thank you Ray for speaking out.

    Capitalism is not inherently flawed, but it really needs to be directed by a caring hand (primarily government-designed incentives to promote not just growth for growth’s sake, but objective and AMBITIOUS progress in all aspects of life for all people). Alleviating wealth disparity would be a great start.

    Capitalism is actually the best tool we have for enabling fast progress because it is so adaptable. Change the incentive structure and change will happen VERY quickly. For example a greenhouse gas tax would radically change emissions and the structure of the transportation and agriculture industries in only a few years.

    As American capitalism functions today, GDP is the primary measure of progress but GDP in no way quantifies the quality of the economic activity it represents. For example if you add more prisons and prisoners GDP may actually go up, but this surely is a negative sign for a society.

    If our government or any government truly wants to accelerate economic progress AND fundamental progress as much as possible, it should boldly design incentives that bring about the positive and inevitable aspects of our distant future as quickly as possible. Suggestions would be a more equitable economy, not just a low emission economy but an economy that actually made our biosphere healthier, and a much stronger universal education system that trained the entire person.