Economics of Climate Change: Why Capitalism is Better Than Socialism Part 2
Channel: Libertarian Scot
Date: 2019-10-29

In part 2 on the economics of climate change, I cover more on why capitalism is better than socialism to prove the point that the answer isn't to overthrow capitalism, but to move in the direction of capitalism, to open up the free market economy.

Capitalism gets the blame for so much under the sun and it's easy for people to misinterpret what capitalism is just by listening to the likes of Naomi Klein or Noam Chomsky, etc, but what they reference to as capitalism, is actually corporatism, otherwise known as cronyism and that's NOT capitalism. 

This is why climate change is anti capitalism because people think that what we live under today is capitalism, they don't comprehend the difference between a private sector in a free market economy (capitalist system) to that of a private sector subsidised and strongly regulated by the state.

Mexie is the prime example of the common climate change alarmist who pushes the anti capitalist agenda and holds a strong anti capitalist mentality. The typical Marxist who misconstrues what capitalism is and thinks profits are merely just a means to filling your pockets, whilst completely ignoring the benefit the consumer gains in exchange for what they pay in hand. I have covered previously in response to Mexie and will no doubt do another response on more of her arguments. 

I also cover some of the other myths, such as on the melting ice and on the claim of a decline of the polar bear population, again, there is plentiful information out there that refutes these climate change alarmists narrative, the purpose of my argument was to clearly point out their agenda and even if there was global warming, socialism would lead to disaster and my arguments prove this very point.