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@feld @FluentInFinance @sun oh I fully agree. I just am not sure that getting passive returns from financial markets is going to be possible in the harder world of climate change we seem to be headed toward. If most people have to struggle even more for the basics, where's the return going to come from? It seems like it would require increased authoritarian enforcement that's (hopefully/probably) not scalable.

Like the world doesn't have to be zero sum, but investing in oil & gas & industrial ag lowers the total output of basic human need filling goods from the system. If we have to put more money/energy into needs filling, the available human resources for providing rents/passive returns is lowered. So they're kind of self-defeating