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Comment by toiletfuneral | Hacker News Reader

these articles are funny to me "gee why can't we save this animal?" we all know, its because the ruling class decided the biome will be managed by the free market, and thats exactly what's happening. The free market has decided much of nature shouldn't exist, like reefs & forest etc...I don't really know what anyone expects?

I get sad when I think of the amazing things my children will never see but wow, its cool to see the stock market doing good or whatever new startups are making more dumb useless bullshit nfts or whatever

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>"the ruling class decided the biome will be managed by the free market... The free market has decided much of nature shouldn't exist, like reefs & forest etc."

I am not sure where you get the idea that the 'ruling class' delegated this decision, or that the free market decided anything at all. Historically, the 'ruling classes' don't tend to share power, and have made plenty of consequential environmental decisions with no market feedback (see Mao's Four Pests campaign). The free market on the other hand is just a mechanism for pricing and exchange, it doesn't decide anything; individual market actors make decisions, and spontaneous order results.

I'm even more confused about how you got from the biome to the stock market and NFTs; perhaps you could enlighten me? NFTs seem to be a bubble, but they're not as wasteful as proof of work tokens.

> I'm even more confused about how you got from the biome to the stock market and NFTs

He's regurgitating trending topics from Reddit. Don't overthink the thought process of a comment automata.

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You seem to be conveniently leaving out that we all enjoy having air conditioning and modern forms of transportation, to name a few positive things. But yes, society is here trading coral reefs for NFT art, right?

If you read closely (imo), it’s the desperate class(es) on both supply and purchasing side that drove the poaching cycle. Generally speaking, ruling class are secure enough in their status they don’t need the “short term sale over the long term benefits” or the “look I’m special/unique too because I bought a really big bee that you don’t have.”

I didn't see much about the buyers of the bee in the article, but I imagine that someone buying a really big bee for thousands of dollars is unlikely to be in the 'desperate' classes. For a start they have access to thousands of dollars!

The biome is not being managed by the free market. Slices of biodiversity are not being bought, sold or invested in. The biosphere is outside the system and untracked by its incentives.

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