Why does anyone still question capitalism as the basic engine for economic growth? From what used to be the Soviet Union to China, capitalism has gained recognition as the best way to achieve broad-based economic success. However, individuals like Alexi Goranov, who wrote an article for the November 20 issue of <i>The Tech</i> (“Capitalism and Functioning Democracy Are At Odds”), believe that capitalism is inherently flawed. This is ignorance.
When promoting clean energy, the primary argument for reform is usually global warming or climate change. Assuming global warming exists, this is a powerful argument. It’s hard to imagine a worse scenario than rising sea levels submerging vast swaths of the Earth’s landmass. It is also difficult for opponents to defeat a proposal that, if not adopted by our government, will result in massive loss of life.
One of the best characteristics of MIT is the freedom the Institute offers to its students. Of course, we all have to satisfy the GIRs, but from sports to UROPs, MIT students have options. In harsh economic times, when we must cut back, do we have to cut back by reducing these options?