3 ms·
> We can thank our government – and luck! – for this result. A wild statement, considering the US has one of the largest nuclear arsenals in the world, and has
by tikwidd 7y ago
> We can thank our government – and luck! – for this result.
A wild statement, considering the US has one of the largest nuclear arsenals in the world, and has recently pursued an even more aggressive policy of nuclear armament and renewal of an arms race with Russia, including withdrawal from the Intermediate-Range Nuclear Forces Treaty under Trump. Buffet wrote this prior to Trump's election, but the story would to be familiar to him, recalling Regan's dangerous games of nuclear posturing against Russia in the 80s. The current nuclear threat (which incidentally, extends beyond US corporate interests) is as real as ever, and the known record of close calls is a sobering read[1]. That's just to mention the close calls that we know about. In this sense the US goverment has been and remains an aggressor against its own people and the rest of the world, by continuing to pursue its hubristic and irresponsible policies.
> There is no way for American corporations or their investors to shed this risk.
Options to mitigate the nuclear risk abound for US corporations: for a start, they could use their enormous wealth and political influence to lobby their government to engage in diplomacy with other nuclear armed states, rather than continuing to pursue their current suicidal path. More broadly, US corporations could remove support for Republican candidates, whose party in power has continued to amplify the danger through various policies and actions. Another major avenue is financial: divestment from the military industrial complex, which is instrumental to the threat of nuclear war in obvious ways.
[1] https://en.wikipedia.org/wiki/List_of_nuclear_close_calls https://en.wikipedia.org/wiki/List_of_nuclear_close_calls