2018 Photos\OldPhotoZ2012 0001_IMG_7610_99999aaa
Postings by “Speed and Scale” on facebook will kill you:
Capitalism got us into this mess, and it’s going to drag down our trying to save us from this mess.
There is a difference between govt providing an essential service and private for-profit industry providing the same service. Most notably, but not limited to the fact that the private for profit entity will incur the cost of a profit margin that it will seek to charge customers for.
Also, there is a difference in the value and effectiveness of the solution to a new problem that you get when you give money to a pre-existing private for profit entity to come up with a “solution”
And
the solution you get if you were to give money to a newly created entity that does not have a pre-existing asset base or pre-existing operational infrastructure that they will seek to leverage in the creation and providing of the solution
The inflation reduction act fails. It gives ownership (including research, creation, and ongoing delivery) of govt funded solutions, by pre-existing firms to the same private for profit players. Doing this it incurs the cost of a profit margin that could have been avoided if govt provided the service. And it dilutes any solution by giving responsibility for it to an organization that will seek to leverage its existing operations in the research, creation, and delivery of the good. The solution should be left up to a newly created governmental body unencumbered by pre-existing obligations.
A critical and necessary social good should be provided by government. As it stands some people will die because they can’t afford to survive the consequences of the rich’s biosphere collapse.
Again, if these for profit players have a pre-existing asset base\organization they will invariably seek to water down the value, timing, and effectiveness of their solution to leverage their pre-existing organization. This is already clear given some of the so called climate solutions, schemes, and so called “clean or renewable” energy options.
Taxpayers owe existing energy providers nothing.
Again, for profit players pursuing maximum profit from a starting point of being encumbered by existing operations will dilute the solutions they come up with, compared to investors whose starting point is not restrained by any pre-existing operation and their only seeking to maximize social impact - eg a newly created govt agency pursuing a public service without a profit motive.
There is absolutely NO room for error or flaw.
Leaving it up to capitalism to provide the solution will be unnecessarily painful because the socially optimal solution isn’t always the most profitable solution. Leave your ideology at the door, we are in a fight for our survival.
Capitalism got us into this mess, and it’s going to drag down our trying to save us from this mess.
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