Earth's recent climate spiral.

[Leonardo17]

There's no "western style" of capitalism.  It is what it is, everywhere, and no different anywhere.  OFC no one needs crypto, but crypto isn't actually being mined "in the west" - because we don't have those beautiful dirt cheap energy prices.  Crypto is mined in the developing world.  That's sort of the point.  Crypto is a thing you can do to make money especially where western enegery rates arent in effect.  To turn cheap offbrand energy into our currencies.  Because no one wants funny money from those places.  They want to turn burnt material into cold hard USD.  Crypto is a petro-currency just about uniquely suited to shitting on people from not-here-istan.

You might not be ready to say it, but I am, and always have been.  Crypto is a fucking scam.  It should be banned.  I've been burning wood for years to heat my house, why am I not a crypto gazillionaire?  Is that not how it works...cuz it looks like that's how it works...

There certainly are different styles of capitalism.   The existence of private ownership of means of production and service for the purpose of profit making is not the end all abs be all of capitalism.    Its local style reflect local culture, politics, and economic tradition that may go as deep, or deeper, as shocking as it may sound to the American audience, then elements of capitalism as neo-liberal Americans understand it.     So in practice each style of Capitalism is the local manifestation of the effects of the existence of private ownership of means of production and service for the purpose of profit making under the influence of local economic, social and political culture.

No one is opposed to liberalism itself. But I think we are in an era of a more controlled-capitalism.
 
One example to this is China. Many European companies can make greater profit by staying in China. But because of political reasons, they are choosing to return to Europe and re-industrialize their own countries.
 
Second example: Germany is rebuilding it’s entire power grid system since at least 2017. The reason: İt wants the energy transition. Back in the days it could still rely on cheap Russian Gas. But it decided to move away from gas and move toward clean energies. (That’s something I would love to see happen in my own country)
 
Third example: The sanctions on Russia. Within record time, Europe has accelerated it’s transition to clean energies and has invented new ways to replace Russian energy and it did that without any major power cuts etc.
 
These are all Keynesian style economic interventions. So the market is there, but we don’t simply let the market decide on absolutely everything. And the results can be quite good.
 
One fundamental thing that I believe we will witness in this century: I think newer generation will understand better than we did that “having more is not synonymous with being more”. But this is a more philosophical element so we may deal with it later.