If the stock market is down does it prove capitalism doesn't work?


Isn't that the same rationale the right wing uses to argue global warming?

Update 2:

@ Oikoo: It is a good analogy. Like the stock market, our climate will go up and down. But over time both will go up.

4 Answers

  • 6 years ago
    Favorite Answer

    You make a good point on the whole GOP logic (or lack thereof) thing regarding climate change, but my guess is that the biblical literalist science-rejecting far-rightwing extremists in control of Republican party since Reagan days won't bother reading the subtext of your question.

    By calling the climate change phenomenon "global warming" the rather immediate assumption by the under-informed science-rejecting rightwing would be that when the weather turns towards extreme cold, as has occurred due to the polar vortex this past week, this is somehow "proof" that there is no global warming at all. What these often homeschooled extremists forget is the basic scientific principle of "For each action there is an equal and opposite reaction"---something that appears to hold true for climate as well as other areas of science. The shifting of the sun's polarity this year may have triggered the frigid temperatures, but the fact remains that our ocean temperatures are rising, making hurricanes far more violent and destructive because they are not slowed by cooler waters; warm water fish from California's coast began migrating north into Alaskan waters; the clear-cutting of our nation's forests all during the Reagan/Bush-Bush/Quayle years damaged the ozone and created the "greenhouse effect" as more and more gases were trapped in earth's atmosphere, and the GOP years (2001 through to 2007) of corporate DEREGULATION allowed rampant pollution by industrial giants that has exacerbated the problem of warming.

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  • oikoσ
    Lv 7
    6 years ago

    Interesting analogy.

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  • 6 years ago

    No. Why would it.

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  • 6 years ago


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