Your last point also points to how the vaunted "flexibility" of capitalism is, in this case, a basic weakness of the system. Capitalism by its very nature is far TOO flexible to be able to respond to _this_ crisis. We need the very opposite: rigid inflexibility. :-)
Carrol
Bryan Atinsky wrote:
>
> More of a question than a critique.
>
> I agree with you, but I feel the need to ask anyway...
> [clip]
> I know the problem with this assumption (besides the fact that even
> getting the US and EU on board is a pipe dream)...which is that the
> production of GHG emitting industrial processes would just be
> transferred to places where there aren't the restrictions.
>
> Bryan