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The alternatives to capitalism don't appear to be all that great. I guess unless a good chunk of the world is kept in poverty, but I don't think that is what anyone is suggesting. This is a human nature problem more than a capitalism problem.
Not to say that the western capitalist model doesn't need improvement, it certainly does. An obvious step would be putting a price on carbon that factors in it's impacts. Not some complicated cap and trade scheme that is easily gamed, but a simple and consistent tax.
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