Except capitalism does NOT drive innovation or efficient resource use; capitalism simply organizes any innovation and resource use in a way that ensures maximum profits for private interests. Market Capitalism's profit motive is actually hindering progress in climate change due to its requirement of higher profits in order for anything to be worth using or producing. We already have a plethora of green, clean technological and productive alternatives that could objectively help society right now that will simply never see the light of day for no other reason than because they aren't profitable enough to implement. Our reliance on helping society should not come down to whether or not it can make enough money for private individuals' own personal gains. It is simply a bad system of producing and allocating goods and resources, and has only become detrimental to society in an age where better alternatives exist.
Without dismantling our current system in which our society's entire economy is up to the wills of private interests, who own and control all of our goods and resources, making decisions exclusively for their own personal financial gain, then we will never have an economy that works for the actual needs and interests of society. The solution is to eliminate the oligarchic privatization of capitalism in favor of a more collective and democratic system that is owned and controlled by the public, for the public.
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