this post was submitted on 15 Jun 2024
277 points (100.0% liked)
196
16552 readers
2030 users here now
Be sure to follow the rule before you head out.
Rule: You must post before you leave.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I agree with the sentiment, but my experience of capitalism is that it would not cause reduction in resource exploitation. The reduced cost because of lower demand would just make it profitable to some other industry instead, who would use up the supply.
In some cases, you can even have the government intervene, like subsidizing production to avoid loss of jobs.
It's really a grab all you can world out there :(