Debt =/= Climate change
This kid definitely has us thinking and it is an important discussion.
If the banks worked sincerely to eliminate debt and only allowed new debt for environmentally sustainable projects, that would be good ummmkay.
In Canada green party adopted social justice as one of 5 key mantras, but I believe you are talking about economic debt.
People will destory the Earth because it's the only way in our economy and it has been happening since a while ago.
Only because the notion of private property has been so undermined.
I've thought about fairer schemes for the distribution of public (tax/government) resources like universal basic income.
What is your take on that?
Private property is difficult to maintain when the atmosphere and the oceans have become a dumping ground for stuff we don't want on our property.
In many places you don't own the air, water, mineral or fossil/oil resources on your property. You are basically only in possession of the surface and highly restricted to how much you can change this.
Something to think about is the climate scientists in the antarctic or up in space. The amount of resources required to sustain their activities compared to the average human is immense. Is it worth it? Definitely not always. We owe most research funding to the competition of capitalism or opposing world views. It is difficult to get funding if you don't dance the dance they want you to.
Here's what I did. I performed a search on "walter block pollution" because I happen to like Walter Block's economics philosophy and I know he's thought a lot about the concept of "externalities," like you're alluding to. I am not just asking you to watch a video as if it's my own thought. I haven't seen this video before. I'm watching it right now, and I know he'll say something sensible:
Will you watch it also? Believe me, I am not suggesting that he is the authority on the matter. I am not making an appeal to authority. I am just asking you to consider this point. Whatever it is, because I haven't watched it yet. But I will now.
That was an interesting story. I had no idea why the fundamental legal shift in private property rights occurred. It seems to have happened just around the time that the civil war in the US was inevitable. It's sad to think that it is a result of the state wanting more power to decide who does what. Or at least that was my take on it.
― Lysander Spooner, No Treason: The Constitution of No Authority
My belief is that if we can somehow restore private property without relying on government, I think that will simultaneously fix the environment.
He makes some interesting points and communicates his ideas well.