Wednesday, September 28, 2016
The chemistry of economics
And that greed is the unconscious thing (money accumulating money) called capitalism!
ps 'cos the wealth-creating equation is:
Materials + Energy -> Wealth + Pollution
(It's a chemistry thing - and the Second Law of Thermodynamics - from Physical Chemistry - asserts that more pollution - disordered (ie high entropy) materials and energy are produced than low-entropy 'wealth'. Wealth, here being that which helps humans fulfil their needs.
And the eco-problem is that:
Capitalism turns wants into needs in order to cycle the above-described equation as quickly as possible, such that nature cannot deal with - recycle or exclude to the rerst of the universe - the pollution that capitalism produces.)
The sustainable alternative called Co-operative Socialism (which, eg abolishes 'returns to capital' in the forms of rent, interest, profit and unequal pay for work).
eg pls seethe papers at www.interestfreemoney.org for more on the plan for Co-operative Socialism
Hope that helps!