Yet more evidence that capitalism is inherently ecocidal, not because of malice on the part of anyone working with in, but just because of the way it functions.

"Some utilities may be forced to burn coal from their stockpiles to make way for new shipments and satisfy the terms of their contracts with mining companies"
- #BenjaminStorrow
scientificamerican.com/article

#Coal #Capitalism #ClimateChange

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@strypey

Going back to the theory of Marxist economy, they believed capitalism is inherently wasteful because the market is inherently chaotic.

They replaced it by "rational and scientific" planning of production, where production and pricing of *everything* from coal and ships to socks and toilet paper was centrally planned to avoid waste. So far, so good...

Now if you complain that this "take it or lose it" coal contract was inflexible, imagine this in the scale of the whole economy.

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