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249 points Jtsummers | 1 comments | | HN request time: 0.001s | source
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mmooss ◴[] No.45762412[source]
As I wrote elsewhere, the US government and economy are now essentially a private equity takeover for a large segment of wealthy business: Squeeze out as much money as possible short term - including by issuing debt againts its assets, slashing and burning any costs regardless of ROI and with no regard for the future, and leave the bankrupt husk for someone else to deal with.

The treatment of fossil fuels and renewables fits: Block the obviously more economical and better long-term solution in order to shovel money toward the entrenched wealthy. That it sabotages the future due to climate change and economic inefficiency doesn't seem to be a significant factor to them.

I forgot, one of the entrenched corporate wealthy told us that climate change isn't a big deal, and we should send money to his and his friends for solutions.

I'm not anti-business; in fact, quite the opposite: These policies block a free market and the brilliant new businesses that can thrive and deliver solutions to everyone.

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seanmcdirmid ◴[] No.45762459[source]
If only Musk didn't turn out to be such a twitt, Tesla was really supposed to be part of the solution but somehow Musk managed to snatch defeat from the jaws of victory.

The future is pretty much in China now as far as green energy tech and consumption goes. Two bad elections and the US has basically lost world leader status in just over a decade.

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bigyabai ◴[] No.45762653[source]
Musk chronically over-promised and terminally under-delivered. There was no world where he didn't end up being a twit, just one where we aren't stupid enough to fall for his lies.

Tesla, in particular, boils down to how Americans respond to marketing. We love the idea of buying organic, environmentally-friendly technology that makes us part of the solution. It doesn't matter if Congolese children are dying in the cobalt mines to make EV-grade lithium ion batteries, us Americans need to virtue signal with our wallet. Buy the latest iPhone, save up for a Tesla, it's all part of the new-age jewelry we wear to make ourselves feel worth something.

It was damn good marketing.

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triceratops ◴[] No.45762826[source]
> Americans need to virtue signal with our wallet

The only realistic alternative - not "virtue signalling" and instead buying polluting ICE vehicles - is far worse. I'm ok with virtue signalling. It's not like America is going to get walkable cities and world-class public transit anytime before 2060.

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embedding-shape ◴[] No.45762994[source]
> It's not like America is going to get walkable cities and world-class public transit anytime before 2060

I wouldn't be so pessimistic! The inevitable swing towards authoritarianism in the US happened much sooner than I expected, which also means it'll swing back again much sooner too, likely to be way before 2060. I'll throw out a prediction and say that the soon-to-be-authoritarian state that is under construction right now might fall as soon as 2035-2040, and it'll be a wild swing the other way once it happens.

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cool_man_bob ◴[] No.45763176[source]
Meh, I feel we’re entering an era where only the elite will be able to realistically check authoritarians, and they will just be lesser

Think more of the earlier end of medieval era, where the peasant class was mostly incapable against feudal armies, even in many cases with massive numbers on their side.

There’s an entire surveillance state, eyes everywhere, gait recognition, massive intelligence networks all at a scale unimaginable by kings and dictators of the past.

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dylan604 ◴[] No.45763552[source]
The elites are not checking the authoritarians, they're fueling them.
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1. jimbokun ◴[] No.45763912[source]
They are them.