OK, yes, I admit, there is ONE way that dismantling capitalism might halt climate change. But you're not gonna like it.https://twitter.com/economics/status/1051940120688058368 …
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Replying to @Noahpinion
Venezuela: the example used to denigrate socialism by capitalists who understand nothing of it or the history of the country they’re discussing
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Replying to @SeattleScion
Yes, let's dismantle capitalism and save the planet with Norway-style socialism instead!pic.twitter.com/peT2BXbvSS
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Replying to @Noahpinion
Oh so we’re talking about Norway nowhttps://www.economist.com/special-report/2013/02/02/the-rich-cousin …
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Replying to @SeattleScion
Norway is great. But living like Norway ain't gonna save the climate unless we decarbonize a lot more than Norway has, my friend.
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Replying to @SeattleScion
Do you really think those failures are orthogonal to Chavez' brand of socialism? Spending tons of money = Chavez' strategy to help the poor (which was inevitably riddled with cronyism). As for not diversifying...it's hard to do without private business.
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Replying to @Noahpinion
The money spent wasn’t exclusively spent on the poor or programs for them. Their economy originally flourished but it was based on oil revenues and when that tanked the economy did too. So Venezuela was as dependent on capitalistic markets as we are.
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Replying to @SeattleScion @Noahpinion
It’s not a simple, socialism=bad, capitalism=good dichotomy
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No, especially because "socialism" means so many things. If it means "Sweden", then socialism looks like it's doing pretty damn good. If it means "North Korea" you're fucked. Mmm, fun with words.
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