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95 points

The whole problem with companies like Amazon is that hardly anyone in charge of them seems to care about long term sustainability. They all just invest enough effort to squeeze out some short term profits, earn their bonuses and then leave for another company to do it all again. Nobody is interested in sustainability because there is no incentive to. They’re playing hot potato with the collapse of the company.

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4 points

They all just invest enough effort to squeeze out some short term profits, earn their bonuses and then leave for another company to do it all again.

Amazon is not at all alone in this. Much of 2024 capitalism, at least within the tech space, works like this pretty much everywhere.

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2 points

100%

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39 points
*

Now expand that to the entire planetary economy. Unsustainable short term gains is the entire industrial revolution.

We’re only 300 years in and most life and ecosystems on Earth have been destroyed and homogenized to service humanity. We’re essentially a parasite. It’s not surprising that the most successful corporations are the most successful parasites. It’s just parasites, doing parasitic things, because they’re parasites… from the top down.

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0 points

There has been efficiency gains throughout. Capitalism is amazing for that, far better than other systems.

The problem is too many people. If standard of living is to increase then the resource requirement is due to massive unsustainable population growth.

That and the fact the public hate externalities and don’t want them used at all never mind aggressively.

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3 points

The problem is too many people. If standard of living is to increase then the resource requirement is due to massive unsustainable population growth.

They’re both important. And crucially, people in developed countries use a lot more resources than those in undeveloped countries. Just look at the resource utilization of our richest people. We have billionaires operating private rocket companies! If somehow, say due to really really good automation, orbital rockets could be made cheap enough for the average person to afford, we would have average middle class people regularly launching rockets into space and taking private trips to the Moon. Just staggering levels of resource use. If we could build and maintain homes very cheaply due to advanced robotics, the average person would live in a private skyscraper if they could afford it. Imagine the average suburban lot, except with a tower built on it 100 stories tall. If it was cheap enough to build and maintain that sort of thing, that absolutely would become the norm.

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6 points

We kicked “this quarter” thinking into high gear when Nixon permanently increased inflation.

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