Showerthoughts

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A "Showerthought" is a simple term used to describe the thoughts that pop into your head while you're doing everyday things like taking a shower, driving, or just daydreaming. A showerthought should offer a unique perspective on an ordinary part of life.

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The Economy and the Environment are two sides of the same coin. (lemmy.ml)

submitted 1 week ago by SubArcticTundra@lemmy.ml to c/showerthoughts@lemmy.world

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I realize I'm preaching to the choir a bit here, but I always thought about the economy as a bunch of objects and things that people are doing with them, but I just realized that actually, growth of the economy will always somehow impact the environment (not always necessarily to its detriment though). It really is a zero sum game and I was making a mistake of not always thinking about the two in concert.

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[–] realitista@lemm.ee 3 points 1 week ago* (last edited 1 week ago)

It's not just you, it's capitalism in general. The incentives without government intervention are entirely to plunder the natural resources to the maximum extent possible as quickly as possible, because without government intervention, they are all basically free, despite having massive value.

AKA The tragedy of the commons or economic externalities.