Meet the new face of anti-capitalism

Move over Alexandria Ocasio-Cortez, there’s a fresher, younger face that replaces you as the poster child of anti-capitalism. Her name is Greta Thunberg.

Ms. Thunberg is the new top global warrior on climate change. On Monday, the 16-year-old Swedish activist addressed the world via the United Nations Climate Action Summit. There she made the following condescending statements:

“You all come to us young people to hope. How dare you? … You stole my dreams and my childhood with your empty words, and yet I am one of the lucky ones. People are suffering. People are dying. Entire ecosystems are collapsing.

Thunberg, in tears, continued his rebuke to world leaders, declaring, “We are at the start of mass extinction and all you can talk about is money and fairy tales about it.” eternal economic growth. How dare you?”

Climate activist Greta Thunberg, photo courtesy of Shutterstock

Ah ha! There he is, the real culprit behind this pro-climate facade – the evils of money and eternal economic growth.

Now it’s Deep woods, which means we peel off the outer layers of a problem’s onion skin to get to the core of the principles that drive thoughts and actions. Here I think Mrs Thunberg is just a tool used by those whose real agenda is not trying to make the climate safer; these are the ones who believe that “eternal economic growth” is somehow the real existential threat to humanity.

Now I have no doubts about Mrs. Thunberg’s sincerity. I suspect she fully believes what she is saying. And, I’m not going to discuss the science of global climate change, because I’m willing to concede for the sake of arguing that the planet is warming and that human activity is the cause. I don’t know it’s true, but I’m willing to stipulate that it might be true.

The question then is how to best fight against this kind of challenge. Do you intend to get governments around the world to use physical force to compel humanity to restrain eternal economic growth?

Or do you go for a technological solution to the problem motivated by the desire to solve problems – and to make a profit by doing so?

As a free market warrior and defender of profits, technology, human ingenuity and capitalism, the political / economic system that best promotes these virtues, you know my answer to this question. Still, an analogy here might help better illustrate the point.

If the world was facing a global famine, what would be the best solution: Tell people to cut their calorie intake in half so that you can make the scarce food supply last, or use technological solutions to help grow more? crops, raise more livestock and create new sources of supply?

The answer is obvious. Yet, unfortunately, the same logic is not applied to climate change issues.

In a new part on Reason.comEditor Nick Gillespie writes the following regarding these other ways to solve this problem:

“There are only better and worse ways to deal with the changes that are coming. Unlike Thunberg, the best ways do not demonize economic growth as a problem, but as a solution. “The most inexorable feature of climate change modeling is not the advancing sea but the constant economic growth that will make life better despite global warming,” writes science journalist Will Boisvert. The Kuznets environmental curve, whereby countries get richer and their citizens demand a cleaner environment, is the rule, not the exception. Such a dynamic is based on an economic and technological innovation which would be almost impossible with the type of regulation promulgated by the Green New Dealers and activists such as Thunberg… ”

The Kuznets environmental curve referred to here basically indicates that once a country’s per capita income reaches a certain high level, its citizens begin to demand values ​​such as cleaner air, water cleaner, etc. The theory is that generalized economic growth initially harms the environment, but after a certain level of growth (i.e. growth that makes a country richer) that country can focus on correcting any problems. environmental.

Another way of saying this is that countries that get richer – and the only way to do that is through capitalism – can focus less on the basic necessities of life and more on loftier issues.

The reverse is that countries with less capitalism, more government control and less economic growth will not get rich enough to start caring about this issue. And, anyone who’s been to a second or third world country will know exactly what I’m talking about.

The bottom line here is that the only real solution to technological problems like climate change (assuming it is, indeed, a real problem) are technological solutions. And the only way to foster and promote technological solutions is to cultivate a climate conducive to such solutions – a climate where profits are rightly sought after and innovators can be rewarded for their efforts.

In other words, pursue political climate change towards more capitalism and more economic growth and away from those who would hold back eternal economic growth.

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Wisdom McGuff

“Knowing what type of person has an illness is more important than knowing what type of illness a person has.”

– Doug McGuff, “The Primal Prescription: Surviving the ‘Sick Care’ abyss”

One of my favorite thinkers in exercise science is Dr. Doug McGuff. I highly recommend his book “Body by scienceCo-authored by John Little, because it’s the best exercise book I’ve ever read on how to properly train your body for maximum muscle development, strength, and cardiovascular fitness. In this quote, Dr. McGuff reminds us that if we are to treat an illness of any kind (medical, psychological, even financial), it is more important to know the person with the problem than to know the problem itself. same.

For example, if you are a person who struggles to save enough money, it is not the lack of savings that is the problem, it is your spending habits. Whatever problems you face in life, the solution begins with knowing what kind of person you are. Often times, changing the bad habits that lead to a problem is a more effective solution than simply treating the symptoms of that problem.

Wisdom about money, investing, and living can be found everywhere. If you have a good quote that you would like me to share with your fellow readers, send it to me, along with your comments, questions, and suggestions regarding my newsletters, seminars, or anything else. Click here ask Jim.

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Estelle D. Eden

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