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> 1. Corporations desperately pursue continuous growth, even when they're already profitable, and do so at the expense of the environment, employee welfare and
by nickik 7y ago
> 1. Corporations desperately pursue continuous growth, even when they're already profitable, and do so at the expense of the environment, employee welfare and sometimes, the rule of law.
And sometimes its to the benefit of the environment, the employees and its in accordance with the rule of law.
> 4. Investors need to invest money in instruments with a certain minimum ROI because if they don't, inflation will erode their savings.
Inflation are low and predictable in the West. And investors would want to make money no matter what the inflation is.
> 6. The end result is a sort of "Red Queen" effect where everyone is forced to compete harder and harder just to maintain his/her existing standard of living.
That really isn't a logical conclusion.
> 8. Therefore, we should focus on curbing inflation to curb the pace of overwhelming growth, and thereby restore some measure of social justice.
I would recommend to you to really get into economics. You are making a lot of assumptions that really don't hold up.
- coldtea 7y ago>And sometimes its to the benefit of the environment, the employees and its in accordance with the rule of law. Yes. Sometimes lottery is also the right investment: in the 1/10000000 of cases where you win...
- gpanders 7y agoThe companies that do exhibit social and environmental responsibility rarely make it into the news, since they don’t support the daily need for outrage or the narrative that Corporations Are Evil. It’s mere selection bias.
- coldtea 7y ago>The companies that do exhibit social and environmental responsibility rarely make it into the news, That's because they're either insignificantly small, or environmental theater (a la Apple).
- nickik 7y agoDo yourself a favor and go down the list of every major industrial process and compare its waste stream and environmental impact, its pretty evident that the majority these process are more efficient and less wasteful. Companies make thins more efficient, and thus they impact the environment less.
- coldtea 7y ago>Do yourself a favor and go down the list of every major industrial process and compare its waste stream and environmental impact, its pretty evident that the majority these process are more efficient and less wasteful. Compared to what? Surely not with not doing them at all...