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this post was submitted on 23 Jul 2023
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Showerthoughts
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Government subsidy is the driving force behind green technology. Capital has done everything in it's power to fight it to protect its O and G investments. Capitalism is an anti-innovation machine.
Someone should tell capital that: https://www.gsam.com/content/gsam/global/en/market-insights/gsam-connect/2022/Green_Capex_Capturing_the_Opportunities.html
https://www.imf.org/en/Blogs/Articles/2019/10/10/Blog-connecting-the-dots-between-sustainable-finance-and-financial-stability
But what do I know I only work in an industry with a fuckload of green capital investment
An industry which sucks up government subsidy. An industry which would have never got off the ground without that subsidy. I guess you're the real socialist considering your industry wouldn't exist without all those government dollars, lol.
So wait capital is defined as "government subsidies?" You sure you're not a capitalist?
Unironically, you know who gets too many subsidies? Small farmers. Kill the farm bill.