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magicfractal | 2 years ago

We all know what is going and what must be done:

Market-based solutions for the climate crisis have failed and are too slow to address the issue, all current oil reserves should be immediately valued at zero dollars. Many governments have been completely captured and are not working towards humanity’s long term survival.

State of emergency should be declared with full mobilization (ie total war economy) towards addressing the climate crisis, that’s the only way out while there’s still time.

To pay for it, the usual tools nation-states have employed at times of war: devaluing currency, high income taxes (90% bracket) and disappropriation of non-productive wealth, etc. Other similar crises have happened and solved in this way.

It is possible to do with democratic feedback so no one stays behind and we come out of it with a more just society.

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