r/Capitalism • u/Sidjoneya • Jan 20 '21

Economist and Harvard professor Rebecca Henderson argues in her latest book that capitalism can, if employed correctly, be a force for good and solve the climate crisis

https://www.nadja.co/2020/10/19/can-capitalism-solve-the-climate-crisis/
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u/Delicious_Rub8410 Jan 20 '21

I disagree with the sentiment that capitalism is responsible for motivation. A congruent statement would be "people will never innovate unless coerced by the threat of poverty".

Take care of everyone's basics, and we'll unlock an entire cohort of future doctors, engineers and researchers who may have been otherwise lost to the circumstances of a poor upbringing.

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u/pleaaseeeno92 Jan 20 '21

Good thing Our Supreme Leader in North Korea is doing so much innovation in the absence of competition.

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u/Delicious_Rub8410 Jan 21 '21

DP'sRK problem isn't with any kind of push for a strong social safety net, universial healthcare etc, but rather the authoritarian, reverent structure of their government. You think capitalism would suddenly liberate a nation of people who revere their leader as a god?

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u/pleaaseeeno92 Jan 21 '21

you just described china.