I’ve blogged this idea before, but it is worth revisiting.
When you have a chance to get into a discussion of economics or the environment with a progressive minded friend some day ask them if they think that under market capitalism workers get the short-end of the deal. I am sure they would say yes, to some degree. In other words, greedy employers will do whatever they can to squeeze out the last bit of value from their labor force. They will use them as ruthlessly “efficiently” as possible. They certainly wouldn’t employ “extra” workers and pay them “too much.”
Then ask your friend, “Do you think capitalism is consistent with the preservation of natural resources?” I am certain you will get a resounding, “No!”
I won’t elaborate much more now beyond the hilarious contradiction here. So capitalists are only greedy profit-seeking, cost-minimizing misers when it comes to one type of input (labor) but they have no regard for saving money when it comes to other types of inputs (natural resources). It must be because the natural resources have not formed an effective “resource union” to fight for their rights. And if not that, it must be because the capitalists have managed to snuff out the voices of tin and lead and steel and fire, etc. And, if not that, it must be because of all of those government regulations ensuring fair treatment of those resources.