The Multipolar Traps of Market Theory

Market theory is quite naive in that way. It can't solve its own multipolar traps. The market says that dead trees are worth more than live trees. If I leave the tree alive, it's no economic benefit to me at all. And so as a result, we get this tragedy of the commons race to kill and extract and commodify all of nature. That's making the world comprehensively worse for everybody. But when you start getting to exponential tech, the busts become exponentially deeper and we can't actually make it through them.