Why do young people hate capitalism

Renewable energy sources have some serious drawbacks (besides the pollution they create during fabrication) and batteries have a lower energy density than fossil fuels.

A socialist government could direct the economy in ways that would develop those renewable resources in a way that capitalism never could or would.

Renewable energy resources will be made in a capitalist due to higher demand for energy and the fossil fuels becoming more scarce.

Completely wrong, the Austian School doesn't assume the business cycle will happen, it only presumes it happens under certain circumstance - ie when a market is not free. Intervention is the cause of the business cycle, the solution is to free the market. Not sure how you didn't know that considering you came to a similar conclusion.

Your post is completely retarded. The majority of time people spend today isn't job related and is in fact a luxury good.

That's the dumbest thing I've ever heard. The government is the most incompetent organize ever created and we are totally dependent on non renewable. Without them our entire society would collapse and billions would die. What remains wouldn't look anything like what it does now.

The government making society drastically poorer isn't going to create some sort of energy revolution. The revolution will come, but not at the behest of the government. The government will only slow it down.

>Marx was 100% correct.

Yeah, he was so correct that everyone who implemented his ideas created utopias that matched exactly what he had envisioned.

Oh wait, they didn't! Everyone remained poor and exploited by an elite class as before, but at least they all got the first steps right: killing all the rich and "rich" people indiscriminately and taking away their "means of production".

A new system may replace capitalism, but it sure as hell won't be some flowery paradise.

And Venezuela, Mao's China, and Stalin's USSR weren't real socialism, but when people bring that up capitalist apologists call it a No True Scotsman argument and insist on using them as examples of why socialism "doesn't work".

This is pretty much why the Austrian school essentially says not to fuck with the economy and let it sort itself out.

Apart from hydroelectricity, renewable energy is highly inefficient and unreliable. Windfarms require special windy locations and large open spaces. Solar panels require sunlight to operate and a huge amount of them is required to support even a small town.