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A perfect visualisation of a wasteful system
(lemmy.world)
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Depends on your definition of waste. Capitalism produces a lot of waste, arguably part of what has gotten us into this pickle with climate change.
Capitalism itself doesn't define that as waste. It defines the damage it inflicts on the commons, the earth, and the poor in pursuit of profit as an externality.
Externalities of course being Orwellian double speak for "lol not my problem you fucking suckers 🤑."
China's economic system is very much capitalist these days.
Why do you think that China's per capita carbon footprint is higher? I'll give you a hint: it rhymes with "Manufacturing all of the toys and treats that Capitalism is selling". But also yes, China is capitalist. They weren't really ever communist by definition. Just like how North Korea isn't a democracy, despite calling themselves one.
Actually, that graph isn't adjusted to per capita. If it was, the US would be on top.
Rest of the world moves their dirty manufacturing over to China
Rest of the world: "How can you pollute like this?"
China made their decision based on the rules of the game, as set by the dominating economic power of the world (i.e. the US). They could've turned down being the world's manufacturer, but they wouldn't have had a clear path to get to where they have come to this point. Now that they have economic power, they're better able to make some changes. Like you pointed out, China is making huge investments in clean energy. Granted, a huge driving force behind that is their lack of domestic petrol production and their desire for energy dependence, but they're still the leader when in comes to investments in clean energy. It's embarrassing how far behind the US is and even more embarrassing when you take that graph from before and adjust it to per-capita emissions. A real letdown from the richest country in the world.