Why Capitalism Isn’t to Blame

The Aral Sea: poster child for a capitalism-free economy

There’s a glib oft-repeated meme that climate change and all the other ills that assail us are the fault of capitalism.

No one throwing this assertion around actually knows what capitalism is, but that’s OK. Capitalism is like gluten or carbohydrates: just plain bad. We know it’s bad because we read it somewhere, probably in an online blog or a glossy magazine. There’s no need to do any research, no need to do…