Hi Kelly and Joe.
Diego Macías W.

These are excellent elaborations on the discussion, Diego! I am inclined to agree with you that the patterns of privatization at the center of capitalism — especially when combined with the observation that this is always a process of dispossession for others — is a key part of the way state-sanctioned corporatism plays out in the long run.

Where it gets interesting is in the applications of social democracy to measure public value in non-monetary terms. Capitalism is essentially about contractual arrangements of ownership between individuals (or corporations as “proxies” for people). These ownership frameworks include a set of “benefits” that the owner can exclude from non-owners. And these benefits have increasingly been self-oriented, materialistic, and essentially translatable into monetary terms.

So when we put a price tag on nature, we are transforming it into conceptual capital and making it a servant to the way of thinking that runs through the core of capitalist philosophy.