Nobody can afford to volunteer to be extra virtuous in a system where the only rule is quarterly profit and shareholder value. Where the market rules, all of us are fighting for the crumbs to get the best investment for the market. And so, this loose money can go anywhere in the planet without penalty. The market can say: “It doesn’t matter what else is going on, it doesn’t matter if the planet crashes in fifty years and everybody dies, what’s more important is that we have quarterly profit and shareholder value and immediate return on our investment, right now.” So, the market is like a blind giant driving us off a cliff into destruction.
Kim Stanley Robinson journeys to the heart of the Anthropocene.
Economics is the quantitative and systematic analysis of capitalism itself. Economics doesn’t do speculative or projective economics; perhaps it should, I mean, I would love it if it did, but it doesn’t. It’s a dangerous moment, as well as a sign of cultural insanity and incapacity. It’s like you’ve got macular degeneration and your vision of reality itself were just a big black spot precisely in the direction you are walking.