The world feeds the climate crisis with public money: Fossil fuel subsidies amounted to $7 trillion in 2022

boem@lemmy.world to World News@lemmy.world – 728 points –
The world feeds the climate crisis with public money: Fossil fuel subsidies amounted to $7 trillion in 2022
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What does this have anything to do with economic systems? The problem is with a political system that allows such large scale corruption. When you have corruption and bribery in politics, this is the outcome, regardless of capitalism vs other.

If you got rid of capitalism but kept corrupt lifelong politicians, do you really think anything would be better? Capitalism is not the problem.

Jeezus, the fucking wilful ignorance... Imagine still thinking our political systems are not tied in directly to and co dependant with capitalism.

Getting rid of capitalism means by default getting rid of the governments that uphold it, it's literally there in the comment:

And no, you can't vote capitalism out when both main parties (and most minor ones) serve it (and this is of course relevant pretty much to all current "superpowers", at the very least).

Economic systems and political systems are heavily linked. Who holds the power? And is there a meaningful difference between political power and power through wealth? Or are they 2 sides of the same coin?

If, say, a tiny 1% controls all the wealth in the world, what does that mean for politics? Does democracy hold any power if the 1% can just use their wealth to get their way anyway? What can the 99% do if they have no wealth, and are dependent on the 1% for housing, food, etc? With the police and military legally and violently enforcing that the wealth of the 1% is protected and not just taken by the rest?

While it isn't as drastic as the 99% controlling no wealth, this really isn't far off from reality at all. If the vast majority is dependent on a small powerful minority to survive and have any meaningful quality of life, is there really a meaningful difference to an oligarchy?